Centurion Club, London: Golf Saudi confirmed that global professional services firm Aon sponsored the PIF London Championship ...

The PIF London Championship is once again staged at Centurion Club, where a large tournament purse is up for grabs ...

Football Insider has been told a PIF-owned club could hijack Newcastle United's Yoane Wissa deal as an "unbelievable" ...

Laura Fünfstück picked up her first Ladies European Tour title with her victory in the PIF London Championship; It was a ...

Former Newcastle United sporting director Paul Mitchell is in contention to land a similar position at Saudi Arabian side ...

Both Newcastle and the Saudi side are owned by the Saudi investment fund, making the bidding war especially complicated ...

Saudi Arabia’s Public Investment Fund – best known by its acronym PIF and the owner/operator of LIV Golf – has announced ...

Indian golfer Diksha Dagar showed resilience at the PIF London Championship, finishing 3-under 70, placing her tied for 10th.

PIF Governer Yasir Al-Rumayyan will be on the new, yet-to-be-named entity’s board of directors and executive committee alongside PGA Tour Commissioner Jay Monahan.

In return, The Sun reported that the PIF would get an 11% ownership stake, which works out to nearly exactly what is in line with the entity’s reported $12 billion valuation.

The PIF, in turn, would also contribute its own golf-related investments and assets, including LIV Golf, to the company. The PIF would be granted a right of first refusal on future capital funding.

What is the PIF? By the mid-1970s, Saudi Arabia had more money than it knew what to do with so set up its sovereign wealth fund as a sort of government savings account. Qatar has a similar fund ...