With Saudi Arabia’s Public Investment Fund working its way deeper into professional golf via its new pact with the PGA Tour, it’s fair to wonder what other...
With Saudi Arabia’s Public Investment Fund working its way deeper into professional golf via its new pact with the PGA Tour, it’s fair to wonder what other sports the country will be interested in soon.
NBA commissioner Adam Silver won’t completely outrule the possibility of the Saudi PIF entering the league in some shape or form, given the NBA recently decided to allow sovereign wealth funds to buy minority stakes in franchises. Silver clarified that the Saudis have not made any official inquiries about buying into an NBA club. “They certainly haven’t come to the league office,” he said.
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