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The Latest Breaking News from PIF

Are 2024’s Top Insider Buys a Good Bet for 2025?

Insiders bought these stocks the most in 2024. The question is whether they are good buys for investors and if the share prices will increase in 2025.

MarketBeat

FIFA prepares to give Saudi Arabia its biggest sports win yet as host of the 2034 World Cup

Saudi Arabia will be confirmed by FIFA as host of the men’s soccer 2034 World Cup on Wednesday, giving the oil-rich kingdom its biggest prize yet for massive spending on global sports driven by Crown Prince Mohammed bin Salman

The Independent UK

Saudi Arabia’s journey from 90s novelty to World Cup power grab

From USA 94 to Ronaldo, via Putin and Newcastle, the 2034 hosts-elect are now at the heart of football politics

The Guardian - UK

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Report: Saudi Arabia Public Investment Fund to Acquire Share of PGA Tour Enterprises

Bloomberg reported that LIV Golf's backer would take a 6% interest in the PGA Tour's for-profit arm.

Sports Illustrated

Saudi Arabia’s growing influence on sport ahead of 2034 World Cup host decision

Saudi Arabia is set to be officially awarded hosting rights for the 2034 men’s World Cup on Wednesday.

The National (Scotland)

Why I'm Seriously Considering Boycotting Men's Professional Golf Until The Masters

As we approach the new year, men’s professional golf is still engulfed in uncertainty. Will things eventually be resolved or will greed continue to prevail?

Golf Monthly

Tongan PM Sovaleni resigns ahead of no-confidence vote

Tonga's parliament must elect a new prime minister following the resignation of Hu'akavameiliku Siaosi Sovaleni after three years in the job.

AAP

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Tiger Woods has no firm answers on a deal with Saudis or his future as a player

Tiger Woods doesn't have a clear view of the future, whether that's his playing schedule for the PGA Tour's negotiations with the Saudi funders of LIV Golf

The Independent UK

Tiger Woods thought PGA Tour-PIF negotiations ‘would have happened quicker than this’

"But things are very fluid, we're still working through it, it's happening daily."

USA Today Sports Media Group

'The Game Is Not Benefiting' - Influential Sponsor Calls For Men's Golf To Reunite As PGA Tour/PIF Talks Continue

Executive Chairman of Hero MotoCorp Dr Pawan Munjal has appealed for the men's game to come back together

Golf Monthly

Tiger Woods makes prediction over PGA Tour-PIF deal

Woods has been a prominent figure in negotiations between the Tour and the Saudi Arabian backers of LIV Golf

The Independent UK

Lynch: Greg Norman finds himself in a perilous place — he’s outlived his usefulness for the Saudis

Sure, objective reality says Norman has failed to deliver a significant audience, but ...

USA Today Sports Media Group

PIF Saudi International Betting Picks, Odds and Predictions

The Asian Tour is preparing for its season finale in Saudi Arabia and some of the Golf Monthly team have picked out a few players we expect to be in contention

Golf Monthly

Report: Tax Return Reveals PGA Tour Commissioner Jay Monahan’s 2023 Earnings

Sportico has reported that Monahan earned $23m compensation in 2023, while the PGA Tour’s legal fees were over $18m

Golf Monthly

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Sports Illustrated

Report: LIV Golf's Backer and DP World Tour Discussing a Deal

Officials with the Public Investment Fund of Saudi Arabia continue talking to the PGA Tour but a separate agreement could be struck with the Europe-based tour that could allow LIV players access, among other considerations.

Golf Monthly

Could LIV Golf And DP World Tour Do Their Own Deal?

A report from Bloomberg suggests LIV Golf is weighing up doing a separate deal with the DP World Tour to help both coexist together

Golf Monthly

Is Greg Norman Set To Be Replaced As LIV Golf CEO?

Talk is gathering pace about Greg Norman being replaced as LIV Golf CEO by former American sports executive Scott O'Neil

Golf Monthly

‘I Think We’ll Get There’ – Billionaire PGA Tour Investor Expects PGA Tour/PIF To Strike Deal

The Strategic Sports Group’s Steve Cohen thinks the PGA Tour and Saudi Public Investment Fund can agree a deal on the future of the men’s elite game

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news in one place.

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AAP

Troubled New Caledonia at 'turning point': New Zealand

Veteran Kiwi foreign minister Winston Peters has travelled to Paris to deliver a speech urging France to consider new constitutional futures for New Caledonia.

The Guardian - US

Saudi wealth fund’s expansion into North American soccer raises questions

A leading human rights organization has described a sponsorship deal between Concacaf and the Saudi Arabia Public Investment Fund as sportswashing

The Independent UK

Trump thinks he can fix golf's mess. He starts by playing golf with PGA Tour commissioner

President-elect Donald Trump has said it would take about 15 minutes to sort out golf's mess

FourFourTwo

'LGBTQ+ fans will be respected at a World Cup in Saudi Arabia, everyone is welcome' 2034 tournament bid chief's promise

Ahead of the country being awarded the tournament next month, FFT spoke to the bid CEO about some of the important issues that have been raised

USA Today Sports Media Group

Rory McIlroy says Donald Trump’s election win ‘clears the way’ for PGA Tour-PIF deal

"But obviously Trump has a great relationship with Saudi Arabia. He's got a great relationship with golf."

Golf Monthly

Rory McIlroy Suggests New US President Donald Trump And Elon Musk Could Expedite PGA Tour-PIF Deal

The World No.3 does not believe reports of a completed merger are accurate but did suggest Trump returning as President could speed up a successful deal

The Independent UK

Rory McIlroy: Trump presidency could clear the way for golf peace deal

The four-time major winner also said the potential involvement of Elon Musk could speed up the process.

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