A recent report indicated that Saudi Arabia’s Public Investment Fund plans to expand the foray into sports it began by establishing the LIV golf tour and that news fueled further conversation about whether they could look to football as a place to invest money in the future.
The prospect of using the sovereign fund to invest in an NFL team came up in a question for NFL Commissioner Roger Goodell during a Thursday appearance on CNBC. Goodell was asked if the NFL would consider a rule change that would allow for that kind of public ownership or investment Read more…