Saudi PIF Looks to Build a Sports Empire by Looking at Inter Milan
Posted on 12/29/2021
Saudi Arabia’s Public Investment Fund (PIF), the kingdom’s sovereign wealth fund, is nearing a deal to acquire Inter Milan, a soccer team based in Italy. Inter Milan is known locally as “Nerazurri”. The price reported in media is around US$ 1 billion for PIF to be the largest shareholder of the Inter Milan club. The […]
