Newsmakers
Fore: Wealthy Saudi Fund, Already Muscling Into Golf, Steps Up in Soccer, Too
Having bought a U.K. football club and lured major players, the kingdom fortifies its homegrown teams financially.
Having bought a U.K. football club and lured major players, the kingdom fortifies its homegrown teams financially.
Receiving 6% of the oil behemoth’s equity, the fund has a long-term goal of diversifying the economy away from oil.