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Prior to purchasing Newcastle United, Saudi Arabia’s Public Investment Fund was linked with taking over at Inter Milan instead.

The lengthy process to secure the Magpies saw claims PIF had turned their attention to the Serie A side instead, with Inter Milan looking for outside investment.

Even after the Newcastle purchase was complete, claims continued in Italy that Inter Milan was still on the table. There were even reports of offers and talks with the club’s owners, and an equal number of reports rubbishing the claims.

Now there appears to be some clarity on the situation, although not on Newcastle United’s owners getting another club in Europe.

Speaking at an event on Tuesday, Yasir Al-Rumayyan, the Premier League club’s chairman, was asked about further purchases.

FCInterNews quote him as saying: “It is unlikely that we will invest in other European clubs. At most a few small clubs to increase our investments.”

So whilst it’s unlikely, PIF are clearly leaving the door open to purchasing further clubs, of a smaller nature, perhaps in a similar way to how Manchester City’s owners have worked in recent years.