the Saudi sovereign wealth fund PIF announces “a strategic partnership” with the ATP circuit

the Saudi sovereign wealth fund PIF announces a strategic partnership

The Saudi sovereign wealth fund (PIF) announced on Wednesday February 28 a “multi-year strategic partnership” agreement with the ATP men’s tennis circuit, illustrating the growing influence of the Gulf kingdom in the world of sport. This partnership will mark “ a shared meaningful commitment to improve world tennis “, indicated the two parties in a joint press release, without revealing the amount of the agreement.

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