Saudi Arabia's PIF discusses creating a $4-5B boxing league with Matchroom Boxing, Golden Boy Promotions.
Saudi Arabia's Public Investment Fund (PIF) is reportedly in discussions with multiple boxing stakeholders, including Matchroom Boxing and Golden Boy Promotions, to create a boxing league potentially valued at $4-5 billion. PIF aims to take a minority stake in the venture and bring together major sport organizers. The new league could significantly impact the competitive landscape of boxing.
June 11, 2024
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