Well before Newcastle United’s players and coaches set off for a warm-weather training camp in Saudi Arabia this week, the new owners of the Premier League soccer team were facing the difficult task of persuading the world that the team would not be an asset of the Saudi state.
It has not been an easy case to make: 80 percent of Newcastle, after all, now belongs to the Public Investment Fund, Saudi Arabia’s sovereign wealth fund. The P.I.F.’s chairman is Mohammed bin Salman, Saudi…
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