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It has been an extraordinary few months for Saudi Arabia's Public Investment Fund, which owns the vast majority of Newcastle United. Over the summer, the fund (commonly known as PIF) spent nearly $1 billion to acquire some of the world's best players, from Ballon d'Or winner Karim Benzema at the start of the transfer window to Neymar at the end of it.
PIF signed Sadio Mané from Bayern Munich, Fabinho and Roberto Firmino from Liverpool, N'Golo Kanté and Édouard Mendy from Chelsea, Riyad Mahrez and Aymeric Laporte from Manchester City, Rúben Neves from Wolves, and the promising Gabri Veiga from Celta.