Public Investment Fund sees Champions League within Newcastle United’s grasp ahead of schedule

Joelinton, left, celebrates scoring Newcastle United’s second goal against Tottenham Hotspur with Bruno Guimaraes, center, and Alexander Isak, St. James’ Park, Newcastle, Britain, Apr. 23, 2023. (Reuters)
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Updated 24 April 2023
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Public Investment Fund sees Champions League within Newcastle United’s grasp ahead of schedule

  • After an astonishing turnaround in fortunes since the Saudi-backed takeover just 18 months ago, the club is sitting third in the Premier League table
  • The speed and trajectory of the improvement has far exceeded the expectations of everyone connected with the club

The astonishing 6-1 victory by Newcastle United over Tottenham in the Premier League on Sunday only confirmed what many have been thinking this season, even if many Magpies fans have been cautious about acknowledging it: Head coach Eddie Howe’s side are well on the way to securing a place in next season’s UEFA Champions League.

The words of captain Kieran Trippier after the game will be music to the ears of supporters of the club, who have been starved of success for far too long.

“We shouldn’t be scared to say we want to play Champions League football,” he said on Sunday night. “The games are running out. This stadium would be bouncing with Champions League football.”

The incredible transformation at the club has happened in double-quick time. Newcastle have defied the odds with their stunning improvement in performance after the Saudi-led takeover of the English club, and the results have far exceeded the expectations of everyone connected with the club.

In a span of just 18 months, the Premier League club have lifted themselves from the brink of relegation, fighting their way out of the bottom three, to chasing a Champions League spot, a trajectory many expected would take years to achieve.

The club have undergone a massive shift in performance since the Saudi Public Investment Fund acquired the club in a $380 million deal completed in October 2021, as the Wall Street Journal reported recently.

Newcastle are sitting third in the Premier League after Sunday’s win, with just seven games left to play, and in a prime position to qualify for the Champions League with a top-four finish.

This speedy progress only demonstrates how wise the Saudi investment in the club has been. Shortly after their takeover, the new owners spent more than $110 million to enhance the club’s playing staff during the January 2022 transfer window in their bid to avoid relegation. With Eddie Howe also appointed as coach to shepherd them to safety, the plan worked a treat and ultimately Newcastle comfortably retained their place in the English top flight.

Since then, more smart additions to the team have arrived, such as Sven Botman and Alexander Isak. More money will be spent on the squad this summer, no doubt, and the club stands to receive a potential $80 million boost from Champions League qualification.

“We need to be smart with what we do,” Eddie Howe told the Wall Street Journal. “We are on a journey that is accelerating very quickly and we need to match that with our decision-making.”

Newcastle director Amanda Staveley, who led the Saudi takeover, said the Public Investment Fund is “effectively a pension fund” that is “managing money for future generations.”

While many initially questioned the fund’s decision to buy Newcastle instead of targeting a more established giant of English football, such as Tottenham, Chelsea or Liverpool, the progress made so far at the club might prove to be the harbinger of a wise and successful long-term vision.

Newcastle now sit ahead of all three of those teams in the Premier League, proving that the fund has invested in the right players, who did not have the luxury of time to save a toiling club but nonetheless have managed to show that in the world of football, an incredible recovery in fortunes that might normally be expected to take a decade can happen in under 18 months.


Freddy Schott wins maiden title after 3-way Bahrain Championship playoff

Updated 02 February 2026
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Freddy Schott wins maiden title after 3-way Bahrain Championship playoff

  • The German beat Calum Hill and Patrick Reed after they all finished on 17-under after 72 holes

BAHRAIN: Freddy Schott won his first DP World Tour title after beating Calum Hill and Patrick Reed in a playoff at the 2026 Bapco Energies Bahrain Championship on Sunday.

The trio were locked together at 17-under par after 72 holes. This was after Reed shot 67 on Sunday to make up a four-shot overnight deficit to Hill, who began day two clear but had to settle for a 71 after a bogey. Schott carded 69 to join the pair.

Reed bogeyed the first playoff hole to drop out of contention and after Hill went out of bounds second time round, before sending his fourth shot into the water, he sportingly conceded without making Schott putt for the win.

Schott, who was presented with the trophy by Bahrain’s Crown Prince Salman bin Hamad bin Isa Al-Khalifa, said: “I have no idea. It’s just amazing, I’m just extremely happy, surprised ... I don’t know what’s happening right now. I’m just so happy.

“I could have done it the regular way, that would have also been fine. But to do it this way feels even more special so I’m just glad it happened this way.”

Hill, who equaled the course record of 61 in Friday’s second round, added to his two-shot overnight lead with an opening birdie after a superb approach, with Schott responding at the second before both players birdied the next.

The Scot was four clear after another gain at the fifth but bogeyed the sixth while Schott made birdie, cutting the lead to one before drawing level with a birdie at the next.

Schott bogeyed the eighth but led anyway as Hill made a double, and a birdie at the 10th took the German two ahead, only for a double-bogey of his own at the 11th to leave the pair all square again.

“It was tough, especially towards the end,” said Schott.

“The start was okay, because I was playing alright. It had good flow to it. Obviously, nerves kicked in from the back nine onwards. I was happy that I managed it okay, not perfect, but okay, and you guys saw what happened, so I’m very happy now.

Sergio Garcia had joined the leaders by that point after responding to an opening bogey with three birdies in four holes from the third and another three in succession from the ninth, as had Reed after his fifth gain of the day at the 12th.

Daniel Hillier carded six birdies in a blemish-free 66, his second six-under-par round of the week, to set the clubhouse target at 16-under as the leaders still on the course battled for supremacy.

Schott, Hill and Reed all reached 18-under with back-to-back birdies, Reed at the 13th and 14th with his rivals a hole behind.

Garcia’s challenge was left hanging by a thread after a double-bogey at the par-five 14th, as he eventually finished alongside Hillier on 16-under, and Reed dropped a shot at the 16th.

Schott and Hill missed the 17th green to the left before escaping with good chips, but while Hill holed his par putt, Schott made bogey.

Reed set a new clubhouse target of 17-under but when his birdie putt at the last agonizingly stayed up on the short side, Hill had a one-shot lead down the last.

But he sent his approach to the extreme left of the green, leaving a nasty putt up the slope by the side of the green which he was unable to get close. Schott was in similar territory but closer in, allowing him to save par while Hill made bogey to set up the playoff.

Reed found the bunker with his 73rd tee shot and went from there to the edge of another, with Schott and Hill both hitting the fairway and then the heart of the green.

Schott holed for par and despite a superb effort at his up-and-down, Reed was unable to respond and dropped out of contention. Hill held his nerve as he and Schott went back to the tee.

The Scot sent his next tee-shot out of bounds to the left, with Schott only just avoiding the water in response. He sent his approach right of the green but Hill found the water with his fourth and conceded after Schott chipped on.

Hill and Reed shared second with Garcia and Hillier fourth and France’s Ugo Coussaud a shot further back in sixth.

The championship provided invaluable experience for emerging golfers, with local players gaining exposure competing alongside Major champions and multiple DP World Tour winners.

Ahmed Alzayed, Ali Alkowari and Khalifa Almaraisi all teed it up at Royal Golf Club this week, with former Masters champions Garcia and Reed, and three-time Major winner Padraig Harrington.

While the cut proved elusive, the experience of competing at the highest level of professional golf will prove invaluable.

“The competition comes to an end, but it’s not the end for me, I think it’s just the beginning,” said Alkowari.

“I’m happy with the result this year. I played 20 shots better than last year, so there are improvements. Hopefully, if I’m playing next year, it will be even better. Who knows, maybe even making the cut.”

A record crowd of 13,186, a 30 percent increase on last year’s attendance, watched the action across the four days.