Former Everton and Aston Villa CEO Keith Wyness has claimed that Public Investment Fund are looking to sell Newcastle United. Wyness has claimed that PIF could sell the Magpies as they are interested in buying their Premier League rival Liverpool. Before their move for the Magpies, the PIF were linked with the takeover of Liverpool….
The Women’s Tennis Association (WTA) has appointed the Saudi Public Investment Fund (PIF) as its first-ever sponsor for the WTA Rankings, following in the footsteps of the ATP. We are pleased to announce PIF as a Global Partner of the WTA and the official naming partner of the WTA Rankings. We are excited to embark…
An AP report on Wednesday night cited Tiger Woods as the lone player on the five-person PGA Tour Transaction Subcommittee that will further the discussions with Saudi Arabia’s Public Investment Fund. After shooting a 4-under 67 to sit T-2 at the 2024 Wells Fargo Championship on Thursday afternoon, Rory McIlroy refuted the report and said…
There are not many projects more exciting than Newcastle United at present and the Tyneside club have a bright future says Everton’s former chief Keith Wyness. The Magpies are majority owned by Saudi Arabia’s sovereign wealth fund, otherwise known as the Public Investment Fund (PIF), since 2021 and have slowly made their way up the…
Jay Monahan has revealed talks with the Public Investment Fund are “accelerating.” The PGA Tour’s commissioner told the press at TPC Sawgrass that he met with Yasir Al-Rumayyan in January, the governor of the Saudi sovereign wealth fund that bankrolls LIV Golf. A deal between what were once rival parties in golf’s civil war was…
By Richard Pagliaro | @Tennis_Now | Thursday, February 29, 2024 Stars shared varied views on the new partnership between the ATP and Public Investment Fund.. The Saudi-sponsored Public Investment Fund and ATP announced a multi-year partnership pact yesterday. More: James Blake Q&A More: Richard Evans Q&A A primary part of partnership sees the PIF becoming the official naming partner…
According to Bloomberg, Saudi Arabia’s Public Investment Fund (PIF) plans to increase its annual capital deployment from £31.6 billion to £39.5 billion to £55.3 billion a year after 2025. This was confirmed by Yasir Al-Rumayyan, the chairman of Newcastle United and governor of PIF, during the FII Priority conference in Miami. PIF acquired an 80%…
The PGA Tour’s talks with the Public Investment Fund will rumble into 2024. Tour chief executive Jay Monahan told players in a memo the deadline of December 31 would be extended into the new year “based on the progress made to date.” The memo described talks with the PIF and the DP World Tour as…
As the inaugural mixed-team Grant Thornton Invitational was nearing conclusion, the PGA Tour Policy Board updated its membership on the ongoing negotiations for the future of the Tour. A story posted on pgatour.com said: “The PGA Tour Policy Board has unanimously selected an outside investment group to further negotiate with as talks with the PIF…
