#saudi-investment

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fromwww.theguardian.com
4 days ago

Zuffa Boxing says it will save the sport but the fine print shows that fighters might pay the price

Now the Saudis have turned to TKO Group Holdings and Dana White to oversee Zuffa Boxing a newly created vehicle designed to expand the footprint of its equity partners in the United States. Zuffa Boxing is taking a far less generous approach toward fighters than Sheikh did. That's evidenced by the contract that many of the fighters being recruited by Zuffa are being asked to sign.
Business
World news
fromIndependent
2 weeks ago

Rory McIlroy: LIV will pay DeChambeau hundreds of millions and have still gone backwards

LIV Golf no longer poses the same threat to traditional tours; Saudi backers must spend hundreds of millions to avoid falling further behind.
fromSlate Magazine
2 weeks ago

This Might Have Been the Biggest Waste of Time and Money in the History of Golf

After nearly four years of fighting, including a brief period in which the parties looked close to a truce, the PGA Tour is on the verge of finishing off LIV Golf as any kind of serious player in the global golf scene. This week's big development is the PGA Tour's reacquisition of Brooks Koepka, one of the most famous players in the world and the key piece of LIV's poaching strategy that began in 2022. After spending the last few years playing for the Saudis, Koepka is returning to his old tour this month. He'll miss out on equity in a new PGA Tour venture, donate $5 million to charity, and get back to his life.
World news
Soccer (FIFA)
fromwww.theguardian.com
1 month ago

Brendan Rodgers faces lofty demands on well-trodden path to Saudi Arabia

Brendan Rodgers appointed Al-Qadsiah head coach with mandate and financial backing to elevate the club into Saudi Arabia's top tier alongside the Big Four.
FC Barcelona
fromBarca Blaugranes
1 month ago

Saudi Arabia, a 10 billion rumor, and Barcelona's finances back in the spotlight

Mohammed bin Salman is weighing a €10 billion offer to buy FC Barcelona, enough to cover the club's estimated €2.5 billion debt.
FC Barcelona
fromBarca Universal
1 month ago

Saudi Crown Prince considering making 10 billion offer to buy Barcelona - report | Barca Universal

Saudi Crown Prince Mohammed Bin Salman prepared to offer €10 billion for Barcelona, but socios ownership and governance prevent a full foreign takeover.
Artificial intelligence
fromFortune
2 months ago

'Yes, it is an ambitious, crazy thing': Scenes from the Kennedy Center's Saudi-U.S. AI mind-meld, with Trump, MBS, Musk and Huang | Fortune

Saudi crown prince pledged $1 trillion investment with U.S. companies to transform Saudi oil and gas into an AI data hub.
fromFast Company
2 months ago

What happened at Trump's White House meeting with the Saudi crown prince

A jovial President Donald Trump held a warm and friendly meeting with Saudi Crown Prince Mohammad bin Salman at the White House, packed with plenty of handshakes and back pats. He brushed aside questions about Saudi Arabia's human rights record, praised the prince for his statesmanship and announced hundreds of billions of dollars in new Saudi investment in the United States. The White House rolled out plenty of pomp for the Saudi royal on Tuesday, dispatching fighter jets that the two leaders watched from a red carpet, parading out an honor guard on horseback and giving a lavish dinner in the East Room.
US politics
World news
fromwww.theguardian.com
2 months ago

Trump and Mr Bone Saw stage love-in as Saudi's $1tn wipes the bloody slate clean

Mohammed bin Salman received a lavish Oval Office reception as Trump dismissed Khashoggi allegations and announced up to $1tn in Saudi investments in the US.
Soccer (FIFA)
fromwww.theguardian.com
3 months ago

Dazn targets rights for Champions League in latest football move involving Saudi Arabia

DAZN is preparing a global bid for Champions League rights from 2027, backed by Saudi investment and buoyed by Club World Cup streaming metrics.
US politics
fromESPN.com
3 months ago

Nicklaus awarded $50 million in defamation suit

A Florida jury awarded Jack Nicklaus $50 million after defendants falsely claimed he considered a $750 million LIV Golf deal and questioned his mental fitness.
World news
fromwww.theguardian.com
4 months ago

It's the art of the dodgy deal, Middle East edition: author Donald Trump, updated by Jared Kushner | Marina Hyde

Jared Kushner is central to a $55 billion EA buyout tied to Saudi investors and to promoting a Kushner-Blair plan for Gaza peace.
#boxing
fromwww.caughtoffside.com
4 months ago

Newcastle slammed for Nick Woltemade signing

The German International had an impressive campaign in the last season, and he scored 17 goals in all competitions. He was on the radar of Bayern Munich as well. However, the honorary President of the German club, Uli Hoeness, has now revealed that they would not have paid 90 million for the striker. He believes that Woltemade is not worth that kind of money.
Soccer (FIFA)
New York City
fromwww.theguardian.com
5 months ago

Transfer trouble and boardroom bother: vexed Newcastle face a puzzled future | Louise Taylor

Newcastle has seen mixed results in player recruitment since its acquisition by Saudi Arabia's Public Investment Fund.
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