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International Business Times
International Business Times
Sport
AFP News

Saudi Investment Fund PIF Buys Into Men's Tennis In 'Strategic' Deal With ATP

Novak Djokovic and Carlos Alcaraz met in an exhibition match in Riyadh in December (Credit: AFP)

Saudi Arabia's Public Investment Fund (PIF) on Wednesday announced a "multi-year strategic partnership" with the ATP, the governing body of men's tennis, extending the kingdom's influence on international sport.

In a joint statement, the two bodies said that the partnership marked "a significant shared commitment to enhancing global tennis".

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