BackAfter LIV Golf withdrawal, Saudi PIF confirms future fate of UFC, WWE and global boxing investments

Mundo

TOI World07.05.2026MundoIndia

After LIV Golf withdrawal, Saudi PIF confirms future fate of UFC, WWE and global boxing investments

Tamaño de fuente

Saudi Arabia’s decision to end funding for LIV Golf after 2026 has sparked wider scrutiny of its global sports spending. However, TKO Group executives insist Saudi backing for UFC, WWE and boxing remains secure, with planned events in the Middle East continuing. The move reflects a possible strategic shift within the Public Investment Fund amid rising costs and changing priorities.

Continue reading on TOI World

This article was originally published by TOI World.

Noticias relacionadas

Urgente·4 sa önce

Iran's Mojtaba Khamenei Issues 'Revenge List' Targeting 13 World Leaders

Following his father's funeral, Mojtaba Khamenei released a 'revenge list' naming 13 world leaders, including Trump and Netanyahu, as targets. This coincides with reports of an Iranian assassination plot against Trump and ongoing conflict, with the US striking Iranian targets after attacks on commercial ships.

Times of India

En desarrollo·5 sa önce

Russia Deploys 'Doomsday' Airborne Command Aircraft to Tehran

Russia has sent its highly secure Tu-214PU airborne command aircraft to Tehran amid escalating US-Iran tensions. The aircraft, designed for high-threat environments, suggests significant geopolitical engagement and potential military-technical cooperation or intelligence sharing.

Times of India

En desarrollo·5 sa önce

Strait of Hormuz Traffic Halts Amid US-Iran Tensions, Ships Go Dark

Observable ship traffic in the Strait of Hormuz has ceased as vessels opt for "dark crossings" with transponders off, following renewed US-Iran fighting. Iran demands transit permissions, while the US asserts pathways remain open.

Economic Times

En desarrollo·4 sa önce

Luxury Car on Bengaluru Footpath Sparks Debate on India's Parking Crisis

A luxury car parked on a Bengaluru footpath highlights India's widespread illegal parking problem, exacerbated by rapid vehicle ownership growth, inadequate infrastructure, lax enforcement, and a lack of civic sense. The issue impacts pedestrian safety and urban mobility, requiring a multi-faceted solution.

Times of India

ÚLTIMA HORA·7 sa önce

Bangkok Pub Fire Kills 27, Injures Over 60

A devastating fire at the Rong Beer Na Lat Phrao pub in Bangkok's Chatuchak district killed 27 people and injured over 60. The blaze, possibly caused by an electrical short circuit, spread rapidly, trapping many victims near blocked emergency exits and bathrooms.

Times of India

ÚLTIMA HORA·6 sa önce

Bangkok Pub Fire Kills 27, Injures Over 60

A devastating fire at the Rong Beer Na Lat Phrao pub in Bangkok's Chatuchak district killed 27 people and injured over 60. The blaze, possibly caused by an electrical short circuit, spread rapidly, trapping victims near blocked emergency exits and bathrooms. Survivors described smoke and debris as the main threats.

TOI World