Public Investment Fund (Saudi Arabia) – Page 8

PGA Tour-LIV Golf Deal Bolsters Saudi Arabia’s Global Ambitions

An agreement to merge LIV Golf with the PGA Tour is the latest step in the kingdom’s push to become a global force beyond oil.

By Andrew Ross Sorkin Ravi Mattu Bernhard Warner Sarah Kessler

Golf Johnson, Dustin Koepka, Brooks LIV Golf Mickelson, Phil Monahan, Jay W (1970- ) PGA Tour Inc Public Investment Fund (Saudi Arabia) Rumayyan, Yasir al- Saudi Arabia

PGA Tour and LIV Golf Agree to Deal to End Fight Over Sport

In a stunning announcement, the tour, along with the DP World Tour and Saudi Arabia’s sovereign wealth fund, said the rivals had agreed to create a “new, collectively owned, for-profit entity.”

By Alan Blinder

Benzema, Karim Public Investment Fund (Saudi Arabia) Real Madrid (Soccer Team) Ronaldo, Cristiano Soccer

Karim Benzema Joins Saudi Arabia’s Al-Ittihad

The acquisition of Benzema is part of a billion-dollar project to lure global stars to Saudi Arabia’s top league and expand the kingdom’s sports profile.

By Tariq Panja Ahmed Al Omran and Andrew Das

Benzema, Karim Free Agents (Sports) Messi, Lionel Public Investment Fund (Saudi Arabia) Real Madrid (Soccer Team) Ronaldo, Cristiano Saudi Arabia Saudi Premier League Soccer

Saudi Soccer League Creates Huge Fund to Sign Global Stars

A coordinated effort financed by the kingdom’s Public Investment Fund is offering huge paydays to some of the sport’s biggest stars if they join Saudi Arabia’s best teams.

By Tariq Panja and Ahmed Al Omran

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