Saudi wealth fund holding talks to create boxing league
![Saudi wealth fund holding talks to create boxing league Saudi wealth fund holding talks to create boxing league](https://i3.wp.com/www.reutersagency.com/wp-content/uploads/2024/06/Weekly_12-06-24_SAUDI-BOXING.png?w=780&resize=780,470&ssl=1)
Business and FinanceSports
June 12, 2024, 4:04 p.m 1 minute
Reuters Reported exclusively The Public Investment Fund of Saudi Arabia is in discussions with several boxing stakeholders to create a league, which could reshape the competitive landscape of the sport.
Market impact
Saudi Arabia has pumped billions of dollars into sports as it seeks to wean the kingdom off oil dependence under Crown Prince Mohammed’s Vision 2030 program, which aims to bring tourism, boost the private sector and create jobs.
Article tags
Topics of interest: Business and FinanceSports
He writes: Reuters is better
Sectors: Business and FinanceSports
Regions: The Middle East
Countries: Kingdom of Saudi Arabia
Types of winning: Uniqueness
Story types: Exclusively / Scoop
Media types: text
Customer influence: An important regional story