In the PIF the governor serves under the chairman, and the chairman is the head of the organization. The PIF owns Newcastle, and the PIF is headed by MBS effectively making Newcastle’s owner MBS.

It would be like if Ratcliffe’s INEOS bought Manchester United and installed someone other than Ratcliffe as chairman of the board, nobody would be saying that Ratcliffe isn’t the owner of Manchester United despite him not being the chairman of the club.

Mohammed bin Salman (MBS) is the chairman of the PIF; in November of 2018 the Central Intelligence Agency concluded that MBS had ordered the assassination of journalist Jamal Khashoggi. Despite the UK not putting MBS on the list for political reasons, it was absolutely a human rights abuse.