#pif

#pif

Saudi Arabia's Public Investment Fund (PIF) is reportedly targeting Kevin De Bruyne as their main transfer target this summer.

The PIF owns several Pro League clubs including Al-Ittihad, Al-Ahli, Al-Nassr, and Al-Hilal, and has an 80% stake in Newcastle United.

De Bruyne's representatives have been contacted by a delegation from the PIF, and the Belgian midfielder is reportedly open to discussions at the end of the season. [ more ]

Saudi Arabia's sports minister defends accusations of sportswashing, stating that critics have not seen the country's progress.

The Saudi sovereign wealth fund PIF has invested billions in sports, including acquiring stakes in Premier League club Newcastle United and controlling top Saudi football clubs. [ more ]