Multiple reports indicate that Saudi Arabia is withdrawing from its golf investment, though the reasons remain unclear. The decision comes as a surprise given the kingdom's recent high-profile sports deals. Meanwhile, Newcastle United manager Eddie Howe confirmed that the club will stay under Saudi ownership.
'There are no plans for a change in ownership,' Howe said, according to reports. The move to end the golf investment has prompted speculation about the future of other Saudi sports ventures, but no further announcements have been made.