💨 Abstract

Saudi Arabia's Public Investment Fund is considering purchasing a $1 billion minority stake in sports-streaming group DAZN, which broadcasts major European football leagues. If successful, this could increase the fund's influence in European football. Discussions between the two parties have been ongoing since late last year, but a deal is not guaranteed. DAZN is seeking an overall valuation of $10-$12 billion in a potential deal.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖