The latest PIF offer included $1.5 billion but also the continued existence of the LIV Tour. The PGA Tour and Commissioner Jay Monahan, on the other hand, seem to have settled on a one-tour solution.

Newcastle United may have the opportunity for a PSR workaround with £88m worth of breathing space available after what ...

A Saudi Arabian-owned team could soon be on the cards based on the growth shown by Formula 1, according to the chairman of the country’s motorsports federation. Saudi influence in F1 has increased ...

Owning a Formula One team could be the next step for Saudi Arabia after sponsoring the sport and hosting a grand prix, ...

According to investment banking sources, Kakao had sent a letter to key shareholders of Kakao Entertainment, including Anchor Equity Partners, Saudi Arabia's Public Investment Fund (PIF), and ...

Saudi Arabia’s role in the proposed takeover of Newcastle United comes at a time when Middle Eastern owners have already exerted considerable influence over football in Europe.

Pinellas County announced Monday it has been awarded more than $813 million for hurricane recovery efforts and wants the public's input on how to use the funds. The funds can impact all of ...

The rumored fallout between Saudi Arabia’s Public Investment Fund (PIF) and global consultancy giant PwC is no routine ...

A report by the U.S. Senate Permanent Subcommittee on Investigations accused the Saudi Public Investment Fund of entering ...

Since most patrons lingering by the clubhouse are accustomed to vast wealth and untrammeled power, Al-Rumayyan passed largely ...

Shortly following the surprise proposed deal to end professional golf’s civil war, representatives for the tour and PIF were called before a Senate hearing in July of 2023 and had to provide all ...

Conn., released a report Friday from the Permanent Subcommittee on Investigations on the PIF’s efforts in the U.S.