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Public Investment Fund

  • Is Mercedes-Benz’s $500m WTA Tour partnership value for money?

    Sport Business

    With the deal between Mercedes-Benz and the WTA Tour well underway, Matt Hardy heads to Madrid to see if its value for money. The supermarket meal deal, the cost of an upgrade to business class, the Category A versus Category B match ticket; value for money is one of capitalism’s greatest dilemmas.  It is a [...]

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  • Bournemouth: Vitality Stadium expansion setback hits European plans

    Sport Business

    Bournemouth’s plans to redevelop the Vitality Stadium ahead of a potential first season in Europe have been hit by delays. In what has been a remarkable season, it is still on the cards for the south coast club to qualify for the Champions League. They sit sixth in the Premier League, which will earn a [...]

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  • LIV Golf hires restructuring experts as Saudi Arabia PIF ends funding

    Sport Business

    LIV Golf have hired restructuring specialists to a newly established board of directors as the Saudi Arabian Public Investment Fund plans to halt its investment in the rebel league. Eugene Davis and Jon Zinman, described by the breakaway leagues as “seasoned experts in complex transactions, turnarounds, and restructurings” will come into LIV Golf as it [...]

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  • LIV Golf to seek investment as Saudi Arabia PIF to cut funding

    April 30, 2026

    LIV Golf is set to announce it is seeking new investment amid reports that Saudi Arabia’s Public Investment Fund is to cut off its funding. PIF has ploughed more than $5bn into LIV Golf since launching it as a challenger to the PGA Tour in 2022 and poaching top players including Bryson DeChambeau and Jon [...]

  • Newcastle United’s Saudi owners in town for stadium discussions

    April 29, 2026

    Newcastle United’s Saudi Arabian owners are on Tyneside this week to discuss the future of St James’ Park and plans for a £100m boost. Whether the Premier League club redevelop their famous ground or build a new one in the adjacent Leazes Park remains a contentious point for the club’s ownership and fanbase. But a [...]

  • What next for LIV Golf and Newcastle United after Saudi PIF strategy shift?

    April 18, 2026

    With Saudi Arabia’s Public Investment Fund updating its strategy, what next for the PIF-owned Newcastle United and LIV Golf? Saudi Arabia’s Public Investment Fund last week published the latest iteration of its Vision strategy, which will cover the remainder of the decade. The strategy’s publication had been expected for some time. When the last planning [...]

  • Momentum 25 and the reality of Saudi Arabia’s mega-projects

    December 11, 2025

    The ‘Momentum 25’ conference is taking place in Riyadh this week, at a definitive juncture for the Kingdom of Saudi Arabia.  The midpoint of the Vision 2030 timeline, launched in 2016 by Crown Prince Mohammed bin Salman, to diversify the nation’s economy away from hydrocarbon dependence.  For nearly a decade, the global business community has [...]

  • Blavatnik investment in Dazn tops $7bn despite Surj stake sale

    October 8, 2025

    Billionaire Sir Leonard Blavatnik has now invested more than $7bn into sports streaming platform Dazn, having injected an extra $600m in 2024. While revenues increased by more than $300m to over $3bn and losses narrowed from $1.4bn to $936m, according to the accounts filed with Companies House for the year ending 31 December 2024, the [...]

  • Who owns each Premier League club as US shareholdings boom?

    August 17, 2025

    British firms or individuals are the biggest shareholders in just five Premier League clubs as US ownership booms ahead of the new season. Tony Bloom’s 96 per cent shareholding in Brighton and Hove Albion is the largest British stake in a Premier League club while Matthew Benham’s significant holding in Brentford is the only other [...]

  • Sir Rocco Forte enjoys record pay day after hotels empire deal

    August 13, 2025

    The hotels group founded by Sir Rocco Forte has issued a record dividend for the first full year after Saudi Arabia’s Public Investment Fund (PIF) became a major shareholder. Rocco Forte Hotels has paid out dividends totalling £8.9m for the year to 30 April, 2025, to its shareholders. The international hotels group, which is headquartered in [...]

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