Could the NBA be open for Saudi Arabia’s business? Maybe

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 97%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

With Saudi Arabia’s Public Investment Fund working its way deeper into professional golf via its new pact with the PGA Tour, it’s fair to wonder what other...

With Saudi Arabia’s Public Investment Fund working its way deeper into professional golf via its new pact with the PGA Tour, it’s fair to wonder what other sports the country will be interested in soon.

NBA commissioner Adam Silver won’t completely outrule the possibility of the Saudi PIF entering the league in some shape or form, given the NBA recently decided to allow sovereign wealth funds to buy minority stakes in franchises. Silver clarified that the Saudis have not made any official inquiries about buying into an NBA club. “They certainly haven’t come to the league office,” he said.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 3. in FR

France Dernières Nouvelles, France Actualités