The Saudi PIF are reportedly looking to add Brazilian side Vasco de Gama to their football club portfolio alongside Newcastle United. Vasco da Gama play in the Brazilian top flight, and currently sits mid-table.
It seems as time moves on, the multi-club ownership model becomes the norm for any club looking to push to the absolute top level. Newcastle United seem to be the next club on this path, with links to South America always being of keen interest to the PIF.
Now, according to reports, the PIF is looking to add Vasco de Gama to their own collection of clubs, likely linking them with Newcastle United. The PIF also own four of the clubs in the Saudi Pro League, though these have never seemed related to Newcastle.
🚨Vasco is negotiating the sale of the club to the Saudi Arabian sovereign wealth fund according to @radiotupi
They own Newcastle and invest in the Saudi Pro League 🇸🇦 pic.twitter.com/QY4pAABsVZ
— Brasil Football 🇧🇷 (@BrasilEdition) August 19, 2024
Vasco de Gama has produced a number of top talents, with Phillipe Coutinho being the most notable for fans of the Premier League. The move could be huge for Newcastle United, especially given the club’s need to ramp up the youth intake, and South America clearly being an area of the world clubs are looking to find hidden gems.
Newcastle have strong links to Brazil already, of course. With Joelinton and Bruno already at the club, with the latter having just been made club captain. We’re excited to see what happens here, and we’re obviously making the assumption that Newcastle are the cornerstone of this move. This, might not be the case at all, with the PIF just as likely looking to strengthen links for their own league.
I’m Brazilian, a Vasco da Gama and Newcastle fan. Very excited for this news to be true!
Rafael(Quote)
Seeing you refer to PIF as “the Saudi PIF” seems a bit strange.
What’s wrong with just PIF? Did you feel t the need to make some kind of a statement?
When I was working for the General Civil Aviation Authority we were generally referred to as G-C-A-A (Gee-See-‘Ay-‘Ay).
One day I got a ohne call from a company who want to be one of our suppliers. She didn’t get off to a good start when she asked “is that gukaaah?” She decided to pronounce GCAA as a word.
BykerBill(Quote)