REVEALED: Newcastle Saudi owners also investors in Chelsea buyers Clearlake Capital | OneFootball

The owners of Newcastle United also have investment in Chelsea's co-owners Clearlake Capital, it has been revealed.

Saudi Arabia's Public Investment Fund [PIF] have billions of pounds of assets managed by Clearlake, who along with Todd Boehly, bought 60 per cent of Chelsea in a £4.25billion takeover this summer.

The Daily Mail says Chelsea sources insist that there was no Saudi involvement in Clearlake's purchase of the club, thus alleviating concerns over any potential conflicts of interest.

However, it's suggested the source of Clearlake's funding - and the potential involvement of PIF - will be brought into question, as well as highlighting a lack of transparency regarding Chelsea's sale that was triggered by Roman Abramovich being sanctioned by the government following Russia's invasion of Ukraine.

Clearlake committed at least £2.55bn to Chelsea in a takeover led by LA Dodgers owner Todd Boehly, who also bought a stake in the club along with his business partner Mark Walter and Swiss entrepreneur Hansjorg Wyss.