The recent takeover saga involving the group - including Amanda Staveley and the Reuben brothers - came back alive on Sunday and it has since been claimed PIF and Magpies officials have both submitted paperwork to the Premier League.
They join a long list of names to be linked with purchasing Newcastle – click and scroll through the pages to remind yourself of previous interested parties:
1. Mikhail Prokhorov
The Gazette received word on Prokhorov in October 2017. It proved a tricky complex, though, as he had to sell NBA basketball side Brooklyn Nets first. A takeover bid never did arrive from the Russian, who is reportedly worth 9bn. | Getty Images Photo: Getty Images
2. Arthur Blank
In December 2018, it was claimed Ashley had been in the USA trying to complete a deal before his shock showing on Sky News. It was a saga that didn't last long as the Atlanta United owner representatives denied all knowledge. | Getty Images Photo: Getty Images
3. Saudi Group (1st edition)
Mootaz Chehade, a journalist at Vavel, sent Twitter into meltdown when he tweeted a Saudi investment were preparing a 'huge' bid. Unfortunately, it seemingly went no further than an exciting day on social media. Let’s hope the current saga isn’t a repeat… | Getty Images Photo: Getty Images
4. Orlegi Sports group
The Mexican company's chairman Alejandro Irarragorri confirmed on May 25, 2019, that his company were 'close' to buying an unnamed European side before completing a deal for Atlas FC. Reports in Mexico said it was NUFC. It wasn't, clearly. | Getty Images Photo: Getty Images