Comment & Analysis
Hedge Funds & Alternative Investments
Sovereign wealth
Uncategorized
Saudi wealth fund PIF plans to buy soccer team Newcastle United
The Public Investment Fund, Saudi Arabia’s sovereign-wealth fund, is in talks to buy UK Premier League soccer team Newcastle United F.C. for about $445 million. The PIF is eyeing the soccer team along with a group of investors organized by British financier Amanda Staveley, The Wall Street Journal reported, citing…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: Zawya