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The Latest Breaking News from PIF

F1 owner shares stance on selling sport amid Saudi Arabia PIF and Elon Musk interest

Worldwide interest in F1 has grown rapidly in recent years – as have revenues – meaning Liberty Media would be able to command a very high price for the sport should it choose to sell

Daily Mirror

Judge grants LIV Golf stay of discovery pending appeal, rules against PGA Tour in latest filing

The timeline for a trial could move well into 2024 and beyond.

USA Today Sports Media Group

Saudi Arabia now owns 10% of Electronic Arts

The country's investment fund significantly increased its stake.

PC Gamer

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Report - LIV Golf Want Newcastle Director Amanda Staveley To Lead PGA Tour Peace Talks

Amanda Staveley led the Middle East takeovers of both Newcastle and Man City and could now be involved in LIV Golf talks

Golf Monthly

Satellite town: why Premier League owners are keen on KV Oostende

Owners of Bournemouth, Newcastle and Wolves are circling the Belgian club, with American incumbents willing to sell

The Guardian - UK

Messi's father refutes rumours of deal to play in Saudi Arabia

Lionel Messi has not "signed or agreed" a deal to play in Saudi Arabia next season, the Argentine's father said after reports on Tuesday linked the Paris St Germain forward with a move to the Middle East.

France 24

Bankers' pay is booming in Saudi Arabia

DUBAI: Even as the global financial community contends with layoffs and lower bonuses, banking jobs remain plentiful and salaries are surging in one unexpected corner of the world: Saudi Arabia.

Bangkok Post

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Newcastle United edge closer to major sponsor deal ahead of Fun88 swansong

Newcastle United will be wearing a new sponsorship on their shirts next season

Chronicle Live

Agreement Signed to Establish Saudi Arabia’s 1st Integrated Steel Plate Manufacturing Complex

Saudi Aramco, one of the world’s leading integrated energy and chemicals companies, Baoshan Iron & Steel Co., Ltd. (Baosteel), the world’s leading steel conglomerate, and the Public Investment Fund (PIF) signed on Monday a shareholders’ agreement to establish an integrated steel plate manufacturing complex in the Kingdom of Saudi Arabia.

Asharq Al-Awsat

Newcastle's owners told they 'must prove themselves' amid KV Oostende links and Brighton blueprint

The Magpies' owners have been linked with a takeover at the Belgian side

Chronicle Live

Premier League investigating Newcastle’s Saudi-led takeover – Aston Villa chief

Court documents published in February described Newcastle chairman Yasir Al Rumayyan as a sitting minister of the Saudi government.

The Independent UK

Why Saudi Arabia Transfered 4% of Aramco Shares to PIF Subsidiary?

Saudi Arabia's Crown Prince Mohammed bin Salman announced Sunday the transfer of a 4% stake of the oil giant Saudi Aramco to Sanabil Investments, a subsidiary of the kingdom's Public Investment Fund (PIF). Experts interviewed by Asharq Al-Awsat said the move supports PIF’s flexibility in capturing local and global investment…

Asharq Al-Awsat

Saudi prince gives 4% Aramco stake to public investment firm

Saudi Arabia’s crown prince has announced the transfer of a 4% stake of the oil giant Saudi Aramco to a subsidiary of the kingdom’s sovereign wealth fund

The Independent UK

Saudi Arabia transfers more Aramco oil shares to wealth fund

Riyadh (AFP) - Saudi Arabia has put a second four-percent chunk of shares of the Aramco energy giant, worth tens of billions of dollars, under the control of the country's sovereign wealth fund, state media said Sunday.

AFP

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Asharq Al-Awsat

Saudi Crown Prince Announces Completion of 4% of Aramco Shares Transfer to Sanabil Investments

Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister announced on Sunday the completion of the transfer of 4% of Saudi Aramco's total issued shares from the State's ownership to the Saudi Arabian Investment Company (Sanabil Investments), a wholly owned company of the Public Investment Fund…

USA Today Sports Media Group

LIV Golf takes yet another legal blow in United States court, must comply with documents and witnesses for depositions

Last month a judge ruled that depositions could be conducted in Riyadh, but the new ruling sets them in New York.

Chronicle Live

Newcastle chief Yasir Al-Rumayyan ordered to testify in court case that prompted takeover backlash

Newcastle United chairman Yasir Al-Rumayyan and Saudi Arabia's Public Investment Fund are in the middle of a US lawsuit between two golf organisations

FourFourTwo

Emails reveal UK Government involvement in Newcastle United's Saudi takeover

Emails obtained suggest the UK government may have applied pressure on the Premier League to positively influence the PIF's takeover

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Chronicle Live

UK Government emails reveal Newcastle United takeover concerns and involvement with Saudis

Newcastle United's £300m takeover is back in the headlines after emails appear to show the UK Government actively trying to influence the deal

Fortune

Saudi Arabia discloses investment in dozens of VCs

Saudi Arabia has invested in technology and other sectors in a bid to diversify the country’s economy away from oil.

Daily Mirror

Newcastle vs Man Utd takeover Q&A: Theories debunked and deciphering the changes

In a week where the Premier League refused to say if Newcastle's owners are being investigated, there were more warnings against Manchester United's potential takeover from a Qatari group

Golf Monthly

Why LIV Golf Court Case Could Force The Premier League To Remove Newcastle United's Owners

The LIV Golf court case with the PGA Tour could have Newcastle in trouble after describing the owners as part of the Saudi government

Chronicle Live

Takeover lawyer Nick De Marco has say on where Newcastle United stand in aftermath of LIV Golf case

Newcastle United's ownership was again called into question in Westminster this week

FourFourTwo

WATCH: Could the Premier League REALLY remove Newcastle's owners?

Newcastle's owners are under scrutiny following a court case – here's why the Premier League could remove them

FourFourTwo

Newcastle United face fresh government scrutiny, but Premier League chief 'cannot really comment' on if Saudi ownership is being re-examined

Claims about Saudi Arabia's involvement in the running of Newcastle have resurfaced following an American court case

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