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The Latest Breaking News from PIF

NBC Sports Chief’s ‘Total Sideshow’ LIV Golf Comments Raise Two Key Questions - How Will Saudi-Backed Tour Respond?

After NBC Sports chief Sam Flood called it a "total sideshow" we look at how LIV Golf could respond, with another huge cash injection or a change in strategy

Golf Monthly

FIFA signs another Saudi deal with sovereign wealth fund PIF backing Club World Cup

FIFA has taken another Saudi Arabian investment for the U.S.-hosted Club World Cup

The Independent UK

'Retaining Talent Is Not Going To Be An Issue' - Jerry Foltz Confident LIV Golf Will Not Lose Star Players During Off-Season

The LIV broadcaster believes star names such as Bryson DeChambeau, Brooks Koepka, and Sergio Garcia will sign new deals once their current contracts expire

Golf Monthly

From analysis to the latest developments in health,
read the most diverse news in one place.

Saudis In 'Difficult' Talks To Keep Ronaldo Next Season: PIF Source

Saudi officials are in "difficult" talks to keep Cristiano Ronaldo in the country, a source with knowledge of the negotiations told AFP on Thursday, after the star footballer suggested he was leaving Al Nassr.

International Business Times

Lucid Will Ramp Up European Deliveries Using Its Expanded Saudi Plant

Lucid has a strong connection to Saudi Arabia through the country's public investment fund (PIF), which holds a 64% controlling stake in the automaker. Now, Lucid is in the process of adding an expansion to its AMP-2 manufacturing facility in the desert kingdom, which should be ready next year. This…

InsideEVs

Football rich list: The wealthiest club owners and highest-earning players

A look at some of the wealthiest club owners and current players in world football

FourFourTwo

Why is Saudi Arabia at the Gold Cup? It’s the latest in the Kingdom’s soft power campaign

The Middle Easterners come Stateside this summer for a regional tournament appearance enabled by sportswashing

The Guardian - US

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Women’s Golf Stars See Saudi Arabia PIF-Ladies European Tour Deal As Positive

Saudi Arabia’s Public Investment Fund, the bankroller of LIV Golf, announced a deal with the Ladies European Tour for a five-event series with a combined purse of $13 million.

Sports Illustrated

Saudi PIF Pumps More Cash Into Women's Golf As Title Sponsor Of Revamped LET Series

The Saudi Public Investment Fund has strengthened its standing in women's golf by sponsoring the LET's newly formed Global Series of events

Golf Monthly

Rory McIlroy Says PGA Tour PIF Deal Is Needed 'For The Health Of The Professional Game' In The Long Term

The Masters champion has admitted that a deal to bring the game together would be beneficial in the long run, but that there's no urgency on the PGA Tour's part

Golf Monthly

Lanny Wadkins Says LIV Golfers Must Face 'Repercussions' Before PGA Tour Return

The retired broadcaster doesn't see how LIV Golfers can return to the PGA Tour without sanctions

Golf Monthly

Geopolitics helps drive Middle Eastern money to Asia as wealthy Gulf investors hedge their bets

The Middle East missed Asia's rise the first time around. They don't want to miss out again.

Fortune

Saudi Arabia hints at one day buying an F1 team

Saudi Arabia is open to buying a Formula 1 team as Prince Khalid bin Sultan Al-Abdullah Al-Faisal has admitted it is something he would like to see in the future.

Autosport

Saudi Arabia on buying an F1 team: "Why not?"

Saudi Arabia would be open to buying a Formula 1 team as Prince Khalid bin Sultan Al-Abdullah Al-Faisal admitted it is something he would like to see in the future.

Motorsport

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The Guardian - UK

Unification deal no closer as PGA Tour ponders bid for Ryder Cup stake

With $1.5bn ploughed in by SSG, Jay Monahan and co have plenty of money and no need to agree a deal with LIV

The Guardian - UK

‘Tainted victory’: Newcastle’s Saudi influence still divisive after success

Concerns about the club’s ownership remain strong despite the euphoria of ending a 70-year wait for a domestic trophy

The Guardian - US

Trump weakens US defenses against foreign interference as risks rise

Senate finds efforts by Saudi Arabia and others to meddle in US policy growing in ‘scope, sophistication and reach’

Autosport

More STEM opportunities as Formula E and PIF launch educational project

Formula E has announced a new initiative with its partner the Public Investment Fund aimed at STEM learning and sustainability.

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Golf Monthly

No Deal In Sight As PGA Tour Reportedly Rejects $1.5 billion Saudi PIF Offer Due To LIV Golf Demands

The PGA Tour has reportedly turned down a $1.5bn investment from the Saudi PIF due to demands being made over LIV Golf's future and Yasir Al-Rumayyan being installed as a top executive

Sports Illustrated

Report: PGA Tour Declines Saudi PIF Proposal, Leaving Reunification in Doubt

The Saudi Arabia Public Investment Fund wanted assurances that LIV Golf could continue in its current form but the PGA Tour declined.

The Guardian - UK

PGA Tour stands firm on golf reunification despite Saudi $1.5bn offer

Saudi Arabia’s Public Investment Fund has failed in an attempt to persuade the PGA Tour to deliver serious concessions in exchange for a $1.5bn (£1.14bn) investment

Sports Illustrated

LIV Golf CEO Is Prepared to Move On Without PGA Tour Deal

Scott O'Neil said his Saudi Arabian bosses have "a long, patient" view for LIV Golf and that a deal to unify the pro game would be welcome but isn’t necessary for his league.

Golf Monthly

'I Think We All Hoped It Would Have Been A Little Further Long, And That's No Secret' - Brooks Koepka's Echoes Recent Tough Love Towards LIV Golf

The five-time Major champion said progress is being made with the PIF-backed circuit after stating it was "quite far behind" its rivals on The Joe Pomp Show

Sports Illustrated

LIV Golf’s Team Concept Is a Problem in Negotiations: 'Hard to Get Your Mind Around'

While LIV Golf sees itself perhaps becoming the "F1 of golf," PGA Tour Policy Board member Webb Simpson tells Sports Illustrated that team golf may not be as prominent in a reunified sport.

AAP

English cricket board against Saudi-Aussie T20 proposal

English cricket's supremo has said he sees "no scope or demand" for a proposed Saudi-bankrolled T20 league that has been backed by Australia's players' union.

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