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PIF INVESTMENT IN FOOTBALL
Soccer: PIF named 2026 World Cup official tournament supporter as Saudi steps up football ambitionsSaudi Arabia's Public Investment Fund is now an official supporter for the 2026 World Cup in North America and Asia. This move strengthens ...- Saudis now want sports to make money, clouding LIV Golf’s futureSaudi Arabia is reportedly scaling back its ambitious sports investments, including LIV Golf, shifting focus from cultural influence to fin...
- Cristiano Ronaldo set to boycott second-successive Saudi Pro League game due to frustrations with PIF, could leave Al Nassr by JuneThe Al-Nassr star had not featured in the club's 1-0 win over Al Riyadh on Monday, in protest of PIF's alleged lack of investment in Al Nas...
- Sebi clears Capillary IPO; Zoho's Arattai goes viralSaaS company Capillary Technologies is en route to Dalal Street after securing the market regulator's nod. This and more in today's ETtech ...
- Electronic Arts to be bought in largest-ever private equity buyout valued at $55 billionElectronic Arts is being acquired for $55 billion by an investor group, including Saudi Arabia's sovereign wealth fund and Jared Kushner's ...
- How Electronic Arts' $55 billion go-private deal could impact the video game industryElectronic Arts has agreed to a $55 billion private equity buyout, set to be the largest ever, led by Saudi Arabia's PIF, Silver Lake, and ...
- Videogame maker EA in advanced talks to go private at roughly $50 billion valuationA group of investors including private equity firm Silver Lake, Saudi Arabia's PIF and Jared Kushner's Affinity Partners could unveil a dea...
- Saudis in 'difficult' talks to keep Ronaldo next season: PIF sourceSaudi officials are in "difficult"on Thursday, after the star footballer suggested he was leaving Al Nassr. "There is an ongoing difficult ...
- For Saudi crown prince Mohammed Bin Salman, why sports is just more than businessSaudi Arabia has been investing heavily in sports for the past few years. Saudi will host the Fifa World Cup in 2034 –with hopes that this ...
- FIFA confirms Saudi Arabia as 2034 World Cup host despite human rights concernsFIFA awarded Saudi Arabia the 2034 Men's World Cup, marking the kingdom's most significant sports achievement yet. This decision followed a...
- From boom to budgeting as reality bites for Saudi footballSaudi Arabia's football league, which saw a huge influx of top players in 2023, is now focusing on more cautious spending. The league's inv...
- Real Madrid's Vinicius Jr being offered a whopping $550 million by Saudi clubsSaudi Arabian clubs are planning on offering Real Madrid's Vinicius Jr. millions to join their respective clubs, and move away from Real Ma...
- US and Europe-dominated sports seeing hostile Saudi takeover: THIS sport is nextSaudi Arabia is no more restricted to the oil business ad it has understood another avenue of trade has way too much money lying in store. ...
- Saudi Arabia wants a piece of IPL, expresses interest to buy 'significant' stake worth $5 bnSaudi Arabia is considering investing in the Indian Premier League (IPL), with plans to place the IPL in a holding company worth up to $30 ...
- The Saudi fund trying to build a post-oil economyThe Public Investment Fund (PIF) of Saudi Arabia, initially a passive sovereign wealth fund, has become a key player in the country's econo...
- Soccer: Saudi spending in transfer window second only to Premier LeagueEarlier this year, the Saudi Public Investment Fund (PIF) announced a Sports Clubs Investment and Privatization Project involving the leagu...
- Golf merger: Market triumphs over pretentious moralityIn the middle of its biggest metamorphosis since Arnold Palmer inspired the creation of the PGA TOUR, Monahan and his crew are hard pressed...
- What is Saudi Arabia's bigger plan as the kingdom bets billions on Messi, Ronaldo?Saudi Arabia wants tourism to account for 10% of its gross domestic product in 2030 and and expert says sport is essential to what the king...
- Qatar sheikh bids for Man Utd as billionaire Ratcliffe enters raceThe club's current owners, the US-based Glazer family, announced in November they were open to a sale of or investment in the record 20-tim...
- Why has the Premier League allowed the Saudi-led takeover of Newcastle despite strong objections?The crucial remaining question from the takeover of Newcastle is how it went from that knowledge to a situation where the move is sanctione...
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