Summary
- Saudi Arabia’s Public Investment Fund considering purchasing a $1 billion minority stake in sports-streaming group DAZN.
- PIF’s potential investment could increase its influence in European football due to DAZN’s broadcasting partnerships with top leagues.
- Discussions between PIF and DAZN have been ongoing since late last year but are not advanced yet.
- DAZN seeking an overall valuation of $10 billion to $12 billion in a potential deal.