Tennis: a $2bn offer from the Saudi Public Investment Fund to merge the ATP & WTA circuits (press)

News Tank Football - Paris - News #318228 - Published on 13/03/24 at 15:45
©  PIF
Public Investment Fund (PIF), the sovereign wealth fund of the Kingdom of Saudi Arabia - ©  PIF

Saudi Arabia's Public Investment Fund (PIF) has reportedly made a bid to merge the ATP Tour and WTA Tour international tennis circuits for $2bn (€1.83bn), according to the British daily The Telegraph on 12/03/2024. The new mixed circuit could be called the PIF Tour.

• This investment, divided equally ($1bn/€910m each) between the organisers of...

©  PIF
Public Investment Fund (PIF), the sovereign wealth fund of the Kingdom of Saudi Arabia - ©  PIF

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