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PIF

  • Nottingham Forest facing backlash as City Ground expansion set to hit residents in pocket

    Sport Business

    Nottingham Forest are facing a backlash from local residents who could be left out of pocket by the club’s £790m expansion of the City Ground. As part of the planning permission granted to increase the capacity of their 31,000-seater stadium to 52,000, Forest have agreed to contribute £4.17m towards improving surrounding travel and transport infrastructure.  [...]

    Nottingham Forest FC logo and club building exterior, red facade with white tree emblem and two stars against blue sky.
  • LIV Golf secures funding and looks to Trump for help relaunching bankrupt competition

    Sport Business

    LIV Golf chiefs are hoping for help from US President Donald Trump as they look to relaunch the league without the backing of Saudi Arabia’s Public Investment Fund. The bankrupt team golf competition, home to stars Bryson DeChambeau and Jon Rahm, has secured funding from BC Partners and says it is in talks with more [...]

    Donald Trump in a red MAGA hat pointing, next to Greg Norman in sunglasses and a white cap, smiling.
  • Rugby needs its Premier League to step up and take control, Raine says

    Sport Business

    Merchant bank Raine Group has warned that professional rugby is not big enough for “five or six leagues” and that it is “time for someone to put the hammer down” and become the sport’s equivalent to the Premier League. Rugby union has been going through a crisis of late, with different leagues using different structures [...]

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  • Saudi Arabia’s PIF sign Queen’s deal despite wider sporting retreat

    June 8, 2026

    Saudi Arabia’s Public Investment Fund has announced a new partnership with the HSBC Championships despite a wider retreat from sport. The agreement, described by the Lawn Tennis Association as a multi-year deal, will see the sovereign wealth giant, a partner of both the ATP and WTA Tours, link up with the London tournament. It follows [...]

  • Fifa boss Infantino pips PSG chief Al-Khelaifi in City AM Football Power List

    June 4, 2026

    Fifa president Gianni Infantino has topped the inaugural City AM Football Power List, a week before the biggest ever men’s World Cup is due to kick off. The ranking, compiled with a 16-strong panel of expert judges drawn from across the sports industry, is designed to be a snapshot of who controls the most popular [...]

  • City AM Football Power List 2026: Who really runs the world’s most popular sport?

    June 4, 2026

    The City AM Football Power List seeks to answer a simple question: ahead of the 2026 World Cup, who really runs the planet’s favourite sport? To answer it, we assembled a panel of experts from across the sports industry and picked their brains for nominations and, ultimately, a top 25. You can read more about [...]

  • Uefa probes Brighton and Hearts connection under Tony Bloom ownership

    May 20, 2026

    Uefa is scrutinising the relationship between Hearts and Brighton and Hove Albion, with both clubs connected to Tony Bloom on course to qualify for Europe. Brighton owner Bloom holds a 29 per cent stake in Hearts – deliberately below the 30 per cent threshold Uefa prohibits owners from holding in more than one club in [...]

  • Matchroom’s Eddie Hearn on darts in US, Bruin Capital, Saudi and Dana White

    May 19, 2026

    Matchroom Sport chair Eddie Hearn on wooing Bruin Capital, darts breaking America, Saudi Arabian money, AJ-Fury and getting back at Dana White. A night at the darts might not seem the obvious place to clinch a billion-pound deal but that’s where Matchroom boss Eddie Hearn invited Bruin Capital to show the US firm why it [...]

  • LIV Golf players knew the risks of rebel tour, Rory McIlroy says

    May 12, 2026

    Rory McIlroy says LIV Golf players knew the risks they were taking when they jumped ship to the rebel league, as uncertainty clouds the tour’s future. LIV’s backer, Saudi Arabia’s Public Investment Fund, this month confirmed that it will withhold further funding following the end of the season. The move has come as part of [...]

  • Surj reiterates sports commitments following PIF’s partial retreat

    May 7, 2026

    Surj Sports Investment has reiterated its commitment to its stakes in ATP tennis, T100 triathlon and broadcaster Dazn in the wake of cuts to some Saudi-backed events. LIV Golf has been rocked by the withdrawal of further financial support from the Public Investment Fund, while Saudi Arabia has also axed snooker and flag football competitions. [...]

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