Anfield Watch
·8 de noviembre de 2024
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Yahoo sportsAnfield Watch
·8 de noviembre de 2024
Liverpool owners FSG have been locked in talks with the Saudi Arabian Public Investment Fund over the last few months. Now Donald Trump has been tipped to get things over the line.
Saudi Arabia enjoys investing in sport, as you’ve noticed. There’s all kind of money pumped into football - with Liverpool certainly running into it plenty of the last few years.
But it’s far from the only sport they’re involved in. Golf is a major one, with LIV Golf set up as a rival to the PGA Tour - and a rich one at that.
Golf’s divide end, however, if talks over an investment from the Public Investment Fund work out. That investment would be for around $1bn but it’s run into problems.
The US are very picky when it comes to dealings with Saudi Arabia. At least, they are when it comes to investment in sport. They’re decidedly less picky in certain other areas.
The reason is simple - the PiF is essentially the ruling entity of Saudi Arabia. This would be another country buying control over an iconic American enterprise. As a result, it’s been difficult to find a way for any investment by the PiF to get signed off on legally.