Euroleague Basketball: PIF in negotiations to acquire 33% of the commercial company for €1bn
SURJ Sports Investments, a sports investment company owned by the Saudi Arabian Public Investment Fund (PIF), is in negotiations to acquire a minority stake in Euroleague Commercial Assets, the commercial company of Euroleague Basketball (owner of the Turkish Airlines EuroLeague and the BKT EuroCup), for an estimated €1bn, according to...