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The Latest Breaking News from PIF

Electronic Arts shareholders vote overwhelmingly in favor of Saudi-led takeover

The deal is still subject to regulatory approval, but that's a big hurdle cleared.

PC Gamer

EA Shareholders Approve $55bn Buyout Led by Saudi PIF

Back in late September 2025, EA agreed to a $55 leveraged buyout with a Saudi consortium. While there virtually weren’t any doubts that EA and the Saudi Public Investment Fund (PIF) would finalize this deal, it’s all about being confirmed today. According to Bloomberg, Shareholders from EA have approved the…

Operation Sports

Saudi Arabia’s 2034 World Cup stadium plans face delays and cost-cutting

Saudi Arabia’s construction of stadiums for the 2034 World Cup is facing delays owing to a desire from the PIF to scale back costs

The Guardian - UK

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Jared Kushner suddenly emerges in the Warner brawl between Paramount and Netflix, backed by Saudi billions and fresh off brokering another megadeal

Trump’s son-in-law is emerging as a central conduit for Gulf money moving into American media, and they’re backing the Ellisons and Paramount.

Fortune

LIV Golf CEO Says the League's Biggest Disappointment is Obvious

In a wide-ranging interview with Sports Illustrated, LIV Golf's CEO Scott O'Neil described the challenges and successes of his first year on the job.

Sports Illustrated

EA’s $55B Deal Would Leave Saudi Arabia in Near-Total Control, Filing Shows

The PIF will own the lion's share.

Operation Sports

Newcastle aiming to be ‘top club in the world’ by 2030

Newchief executive David Hopkinson is bullish about reaching lofty targets with the Magpies

The Independent UK

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Newcastle United’s new chief executive says team can be world’s best by 2030

David Hopkinson described the football club as a ‘rocket ship’ and the ‘favourite investment’ of Saudi sovereign wealth fund

The Guardian - UK

Lucid Motors Is Now Cheaper Than Rivian, But Is LCID Stock a Better Buy for 2026?

Lucid Motors trades at a slight discount to EV peer Rivian based on the forward enterprise value-to-sales multiple. But does that make LCID a better buy than RIVN?

Barchart

EA's $55 billion buyout will reportedly see Saudi Arabia's Public Investment Fund own 93.4% of the EA Sports FC and Battlefield 6 company

Silver Lake and Affinity Partners will apparently comparatively own a much smaller percentage of the company

GamesRadar

It turns out Saudi Arabia will own 93.4 percent of EA if the buyout goes through, which is effectively all of it

The other investors have tiny stakes, and the PIF has stakes in them.

PC Gamer

Rory McIlroy Warns LIV Golf Will Need Billions To Keep Going With No Unification Deal In Sight

Rory McIlroy says a unification will be "very difficult" at this stage, and warned that more billions will need to be spent on LIV Golf just to keep it going

Golf Monthly

After splurging on EA, Saudi Arabia's Public Investment Fund is reportedly tightening its pursestrings, due to 'financial distress' caused by numerous troubled projects

Embracing change.

PC Gamer

After securing a $55 billion deal to acquire Battlefield 6 and EA Sports FC publisher EA, Saudi Arabia's Public Investment Fund is reportedly "unable to allocate any more money" for the time being

The PIF claims to hold about $1 trillion in assets, but it's not so simple

GamesRadar

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Golf Monthly

How Much Josele Ballester Won At The PIF Saudi International

The final event of the Asian Tour's International Series offered its biggest prize money payout of the season, with Josele Ballester taking the title. Here's how much he won.

Golf Monthly

Anthony Kim Moves Into Contention At PIF Saudi International After Shooting Best Round Since Comeback

The former LIV player is close to the top at the halfway stage of the International Series event following a bogey-free round at Riyadh Golf Club on Thursday

Benzinga

Adobe's New Saudi Partnership Aims To Bring Local Culture Into Generative AI

Adobe Inc. (NASDAQ:ADBE) on Wednesday disclosed its partnership with HUMAIN, a PIF-backed provider of full-stack AI solutions in Saudi Arabia.

Golf Monthly

Over 40 LIV Golfers Confirmed For Final International Series Event

LIV Golf players dominate the field list for the PIF Saudi International, with over 40 included in the line-up for the final International Series event on the Asian Tour

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Sports Illustrated

LPGA to Partner With Saudi Arabia PIF for U.S. Tournament

For the first time, the LPGA will partner with the Saudi Arabia Public Investment Fund for a regular-season tournament, co-sanctioned with the Ladies European Tour.

The Independent UK

End of The Line? Saudi Arabia scales back plan for wildly ambitious 100-mile-long megacity in the desert

The Line was unveiled as part of Crown Prince Mohammed bin Salman’s Vision 2030 plan in 2016 – it is now being massively scaled back

The Guardian - US

Why Saudi money hasn’t transformed Newcastle into title contenders

Eddie Howe’s team have the richest owners in the world. But they are still to mount a title challenge since the Public Investment Fund came knocking

PC Gamer

As The Sims content creators depart over EA's $55 billion Saudi-backed buyout, the dev team promises the game 'will always be a space where you can express your authentic self'

A message from The Sims development team says its "mission, values, and commitment remain the same," but unfortunately its owners are changing.

Golf Monthly

Scott O'Neil Claims LIV Golf Has Added 'Half A Billion' In Sponsorship Within Past Year

The LIV Golf League CEO shared the information days after Companies House accounts showed LIV Golf's UK arm lost more than $461 million in 2024

GamesRadar

Controversial $55 billion EA buyout sparks "profound concern" from US senators "about the foreign influence and national security risks"

Such deals aren't just about "financial returns" – they're "about influence"

PC Gamer

US senators express 'profound concern' over EA buyout: 'The proposed transaction poses a number of significant foreign influence and national security risks'

Whether it adds up to anything remains to be seen, but Elizabeth Warren and Richard Blumenthal are big mad about it.

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