One Year Ago, Qatar Broke Into U.S. Team Sports. No One Followed
One year ago this week, Sportico reported that the Qatar Investment Authority (QIA) was investing in the Washington Wizards and Washington Capitals, becoming the first…
PIF
Highest-Paid Golfers: Top On-Course Earnings Since 2023 Masters
Scottie Scheffler enters the 2024 Masters tournament on an absolute tear with a pair of wins and a second-place finish during his last three events. It is more of the…
In Fading Esports Business, Saudi Money Still Flows
The global esports industry, which generated approximately $1.1 billion in revenue in 2021, is currently facing financial challenges as companies try to figure out how…
Saudi’s PIF Bids to Bring Top Tennis Event to Country
While Saudi Arabia’s Public Investment Fund continues to negotiate with the PGA Tour about an investment, the sovereign wealth fund is looking at other sports, too. The…
Saudi PIF Expands Into Tennis With ATP Partnership
Public Investment Fund (PIF), Saudi Arabia’s controversial sovereign wealth fund, is partnering with the Association of Tennis Players (ATP) in its latest push into…
Highest-Paid Athletes in the World: Ronaldo Scores $275M in 2023
All eyes are on Las Vegas this week as the world’s richest sports league takes center stage with the Super Bowl. The NFL is a financial juggernaut by almost any metric…
Saudi Public Investment Fund Backs Electric Motorsports Series
Saudi Arabia’s Public Investment Fund (PIF) has expanded its footprint in the world of electric motorsports events with a new multiyear partnership deal across Formula E…
PGA Tour-LIV Golf Deadline Passes With No Merger Agreement
The Dec. 31 deadline for a merger of the commercial interests of the PGA Tour, DP World Tour and LIV Golf with backing from Saudi Arabia’s Public Investment Fund (PIF)…
PGA Tour, LIV Golf Seek Leverage as Deadline Approaches
Reported and written by Kurt Badenhausen, Brendan Coffey, Anthony Crupi, Michael McCann and Eben Novy-Williams. Professional golf is currently in limbo. For…
What Happens If the PGA Tour and LIV Golf Deal Falls Apart?
As the PGA Tour, the DP World Tour, LIV Golf and LIV’s backer—the Public Investment Fund of the Kingdom of Saudi Arabia (PIF)—race to finalize a partnership agreement by…
Saudi Arabia PIF’s Sports-Focused Fund Appoints CEO
SRJ Sports Investments (SRJ), the sports-focused fund launched in August by Saudi Arabia’s Public Investment Fund (PIF), has appointed Danny Townsend as its chief…
La Previa: Inter Miami’s Chief Business Officer on Messi, MLS and USA
On the latest episode of La Previa, hosts Asli Pelit and Boris Gartner speak with Xavier Asensi, the chief business officer of Inter Miami CF. Asensi joined Inter…
More From Our Brands
Variety
U.K.’s Labour Party Headed for Huge Election Win, Keir Starmer Likely New Prime Minister – Exit Polls
Rolling Stone
God Bless America, Willie Nelson’s Back Onstage for 4th of July Concert
ArtNews
What to See Before (and After) the Tokyo Gendai Art Fair
BGR
Iron Man AI plot hole in Avengers: Endgame is heartbreaking, but it’s not really a plot hole
SPY