Keith Wyness: PIF don’t want to pay ‘Newcastle tax’

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Everton’s former chief Keith Wyness believes that the Saudi Arabian Public Investment Fund doesn’t want to pay a “Newcastle tax” for signing players., the 66-year-old – who served as CEO at Goodison Park between 2004 and 2009 and now runs a football consultancy advising elite clubs – made it clear that PIF have been focusing on building a team ethic.

Newcastle have instead been making strategic signings to bolster the squad slowly as PIF refuse to pay extra fees that other clubs expect due to their financial state.Inside Track podcast:“PSR has also been an issue so they’ve had to grow revenue streams at the same time.

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