Saudi Arabia’s Mega-Investments in Sports: Transforming its Economy and Global Image
Saudi Arabia’s massive financial push into global sports faces mounting scrutiny as funding adjustments and shifting strategies alter international athletics. The kingdom’s [Public Investment Fund (PIF)] has poured unprecedented capital into high-profile ventures, including the launch of LIV Golf and lucrative player acquisitions in the Saudi Pro League, aiming to diversify its oil-dependent economy and … Read more