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PIF Positions Saudi Arabia as Global Football and Motorsports Hub

24th January, 2024

The Public Investment Fund’s (PIF) insatiable appetite for sport, leisure and entertainment has not abated in the first few weeks of 2024, with the Saudi sovereign wealth fund developing partnerships in electric motorsport and reportedly making a move on top Italian football team AC Milan.

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Neymar's Signing to PIF-Backed Club Illustrates Saudi Bid to Become Global Soccer Leader

14th August, 2023

Deep Saudi pockets have enabled the Kingdom’s Pro League side Al-Hilal to snap up Brazilian international Neymar for a cool US$110 million fee, plus a two-year deal that will net him an estimated US$175 million.

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PIF Snaps up Four Saudi Football Clubs, Ahead of Potential 2030 World Cup Bid

5th June, 2023

In an unprecedented move, Saudi Arabia’s Public Investment Fund (PIF) has taken 75% stakes in four of the Kingdom’s leading football clubs as the country prepares to host the 2027 Asian Cup – and potentially the 2030 FIFA World Cup.

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PIF: Saudi Arabia’s Banyan Tree

12th January, 2023

The Public Investment Fund (PIF) is growing more and more like a banyan tree: developing accessory trunks that allow it to spread outwards indefinitely. The Saudi SWF has a central strategy, which is “driving the growth of new sectors, companies and jobs, as a catalyst of Vision 2030” but is writing history as it goes.

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Arab Funds Seek to Score Goals Ahead of Qatar 2022

9th November, 2022

The FIFA World Cup is putting Qatar on the map, but other Gulf states are looking to ramp up investments in football in the bid to capitalize on growth in the sport.

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PIF is a Top-Scorer One Year on From Newcastle Take-Over

11th October, 2022

It is the first anniversary of Saudi Arabia’s Public Investment Fund’s (PIF) takeover of Newcastle United FC in a GBP300 million and it is planning to turn it into a GBP3 billion super-club.

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Most English Fans Feel Negative About SWFs, but Newcastle and Man City Reap Rewards

30th March, 2022

Most English football fans advocate an independent regulator with the power to ban ownership by sovereign wealth funds or individuals linked with foreign governments, according to a survey of 10,500 supporters of Premier League clubs by The Mail on Sunday newspaper.

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PIF Limbers Up For a Second Goal in European Football with Potential Inter Bid

30th December, 2021

As the world gears up for the 2022 World Cup in Qatar, unconfirmed reports suggest Saudi Arabia’s Public Investment Fund (PIF) is set to bid for Italian Serie A side Inter-Milan.

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Saudi's PIF Set to Score Newcastle Deal in Extra Time

6th October, 2021

Saudi Arabia’s Public Investment Fund (PIF) is set to turn Newcastle United into one of the world’s most valuable football clubs if its planned GBP300 million takeover of the English Premiership side finally gets approval.

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Mubadala Limbers up to Score a Deal with Italian Football Club

15th February, 2021

The future of Italian football club Inter Milan could be soon be determined by Abu Dhabi sovereign wealth fund Mubadala, which is touted by La Repubblica as a front runner for a stake in the Serie A side.

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