sports-investment
4 stories related to this topic, newest first.
Ali Mansuri / Wikimedia (CC BY-SA 2.5)Saudi Arabia Ends Funding for LIV Golf After Five Seasons and Over $5 Billion Invested
Saudi Arabia has ended its involvement with LIV Golf, the oil-funded tour that operated for five seasons. The exit, confirmed on Thursday, follows investments exceeding $5 billion and aims achieved in elevating the kingdom's global profile. Experts indicate this does not signal a…
MarketWatchPickleball Inc. Raises $225 Million from Apollo Sports Capital and Dundon Capital Partners
Pickleball Inc., owner of Major League Pickleball and the PPA Tour, secured $225 million in new investment, bringing its total to $315 million and valuing the company at $750 million. The deal includes acquisitions of Pickleball Central, PickleballTournaments.com, and Just Courts…
GB NewsLIV Golf Announces New Board and Investor Search Following PIF Funding Withdrawal After 2026
LIV Golf announced a strategic shift on April 30, 2026, establishing an independent board to secure new long-term funding as Saudi Arabia's Public Investment Fund withdraws support after the current season. The league aims to transition to a diversified investment model amid fina…
Substrate placeholder — needs review · Wikimedia Commons (CC BY-SA 3.0)Saudi Wealth Fund Unit in Talks for Joint Venture with US Firms on Arenas
A unit of Saudi Arabia's Public Investment Fund is negotiating a partnership with two US companies to manage stadiums and promote events in the kingdom. The deal involves Oak View Group and Live Nation, with an announcement possible next month. This aligns with Saudi Arabia's pla…