PIF Has A Plan For UEFA Rule Against Owning Both Inter & Newcastle United Should A Purchase Take Place, Italian Media Report

PIF Has A Plan For UEFA Rule Against Owning Both Inter & Newcastle United Should A Purchase Take Place, Italian Media Report
December 30, 2021 13:00
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The Saudi Arabian Public Investment Fund has a way of circumventing UEFA rulings that could prevent it from owning both Inter and Newcastle United, according to a report in the Italian print media today.

As has been reported today by Il Sole 24 Ore, the UEFA rule in question stipulates that no owner can have two clubs under their control competing in European competition.

PIF already owns Newcastle United and whilst it will take a lot of spending, they want to get the English side into the Champions League in the near future.

Inter are already a Champions League side and look set to compete in the tournament for at least three years in a row.

The way PIF can get around this ruling is to use two different company names for the purchasing of Inter so that the legal name of the owners is not the same.

Such a deal would be very complex but not impossible.

By Euan Burns

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