Newcastle United chief executive Darren Eales insists Saudi Arabia's enormous investment in domestic football will not come at a cost to the project at St James's Park.
The Gulf state’s Public Investment Fund, which owns an 80 per cent stake in Newcastle, has acquired a majority stake in the nation’s top four clubs – Al Nassr, Al Hilal, Al Ahli and Al Ittihad – and bankrolled a spending spree that has brought some of the sport's biggest names to the kingdom.
Meanwhile, on Tyneside, recruitment has remained steady and targeted, with a total spend of around £350 million across four transfer windows since the Saudi takeover.
Eales said: “An investment was made and Financial Fair Play is the regulation, so within those parameters everybody knew what the guard rails are in terms of what you can spend and how you can spend it. “Our job is to try to now grow Newcastle United to where we want it to be within the regulations which every club has to follow.” While the level of investment in players is a far cry from under previous chairman Mike Ashley, many expected a bout of sustained spending given the PIF is worth in the region of £514 billion.