Saudi Arabia Public Investment Fund (PIF) signs on as official sponsor for FIFA Club World Cup
Participating in this sponsorship deal:
About Sponsor:
The Public Investment Fund (PIF; Arabic: صندوق الاستثمارات العامة) is the sovereign wealth fund of Saudi Arabia. It is among the largest sovereign wealth funds in the world with total estimated assets of US$925 billion (£726.3 billion).[2] It was created in 1971 for the purpose of investing funds on behalf of the Government of Saudi Arabia. The wealth fund is controlled by Crown Prince Mohammed bin Salman, Saudi Arabia's de facto ruler since 2015.
About Property:
The FIFA Club World Cup, formerly known as the FIFA Club World Championship, is an international men's association football competition organised by the Fédération Internationale de Football Association (FIFA), the sport's global governing body.
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