PIF’s Newcastle United Held Talks With Arctos Over Investment

Premier League football club Newcastle United FC held talks with KKR & Co.-owned Arctos Partners over a potential investment into the club and its stadium, according to people familiar with the matter.

The talks were at an exploratory stage, and may not result in a deal or any direct investment, the people said, asking not to be named discussing private information. NUFC has also reached out to other sports investors over potential investment.

Newcastle’s owner, the Public Investment Fund of Saudi Arabia, is attempting to put in place funding for the redevelopment of the stadium or the building of ...