Public Investment Fund in the context of "Saudi Pro League"

Play Trivia Questions online!

or

Skip to study material about Public Investment Fund in the context of "Saudi Pro League"

Ad spacer

>>>PUT SHARE BUTTONS HERE<<<

👉 Public Investment Fund in the context of Saudi Pro League

The Saudi Pro League (SPL), also known as the Roshn Saudi League (RSL) for sponsorship reasons, is a professional association football league in Saudi Arabia and the highest tier of the Saudi football league system. The SPL is regarded as the premier football league in Asia, having the highest ranking among AFC club competitions.

Al-Hilal is the most successful club in the top-tier Saudi football league, amassing a record 21 titles, with their latest triumph in the 2023–24 season. Other prominent clubs, such as Al-Shabab, Al-Ittihad, and Al-Nassr, have contributed significantly to the league's history. Since 2023, the SPL has achieved greater global recognition, fueled by strategic developments under the Saudi Vision 2030 initiative. The nation's Public Investment Fund acquired 75% stakes in four foundational clubs—Al-Ahli, Al-Ittihad, Al-Hilal, and Al-Nassr, investing large amounts of money to bring players such as Cristiano Ronaldo, Neymar and Karim Benzema to the league. These efforts have increased the prominence of the SPL in world football.

↓ Explore More Topics
In this Dossier

Public Investment Fund in the context of Al-Nassr FC

Al-Nassr Football Club (Arabic: نادي النصر), commonly known as Al-Nassr (lit. 'The Victory') or simply Nassr, is a Saudi Arabian professional sports club based in Riyadh. It is best known for its association football team which competes in the Saudi Pro League, the top tier of the Saudi football league system.

Founded in 1955 as one of the founding members of the Saudi Pro League, the club has traditionally worn a yellow and blue home kit. The name "Al-Nassr" translates to "The Victory" in Arabic. Al-Nassr play their home matches in the 25,000-capacity Al-Awwal Park, having previously played in the King Fahd International Stadium. Until 2020, Al-Nassr was operated by club members, but is now majority-owned by the Public Investment Fund. One of the few Saudi clubs never relegated from the top division, Al-Nassr has large support in the Middle East and has a growing international fanbase. In 2024, Al-Nassr was estimated to be worth around $1 billion, making it one of the most valuable football clubs in Asia. The club's anthem is "Yalla Nassr" and its mascot is "Knight", symbolizing the historic knights of Najd.

↑ Return to Menu

Public Investment Fund in the context of Heathrow Airport Holdings

Heathrow Airport Holdings is a company that operates and manages Heathrow Airport based in London, England. It was formed by the privatisation of the British Airports Authority as BAA plc as part of Margaret Thatcher's privatisation of government-owned assets, and was once a constituent of the FTSE 100 Index.

BAA plc was bought in 2006 by a consortium led by Ferrovial, a Spanish firm specialising in the construction and operation of transport and urban infrastructure. In March 2009, the company was eventually required to sell Gatwick and Stansted airports; eventually BAA sold all its airports other than Heathrow and was renamed to its current name in 2012 to reflect its main business; businesses sold include the management of airports in the US and Africa, as well as the retailer World Duty Free. In 2024, Ferrovial sold most of its shares to the private capital Ardian and the Saudi Public Investment Fund, now among other foreign institutional investors.

↑ Return to Menu

Public Investment Fund in the context of Selfridges

Selfridges Retail Limited (doing business as Selfridges and occasionally Selfridges & Co.) is a British department store chain. It was founded by Harry Gordon Selfridge in 1909. The historic Daniel Burnham-designed Selfridges flagship store at 400 Oxford Street in London opened on 15 March 1909 and is the second-largest shop in the UK (after Harrods). Other Selfridges stores opened in the Manchester area at the Trafford Centre (1998) and at Exchange Square (2002), and in Birmingham at the Bullring (2003).

During the 1940s, smaller provincial Selfridges stores were sold to the John Lewis Partnership, and in 1951, the original Oxford Street store was acquired by the Liverpool-based Lewis's chain of department stores. Lewis's and Selfridges were then taken over in 1965 by the Sears Group, owned by Charles Clore. Expanded under the Sears Group to include branches in Manchester and Birmingham, the chain was acquired in 2003 by Canada's Galen Weston for £598 million. In December 2021, the Weston family agreed to sell the majority of Selfridges Group for around £4 billion to a joint venture between Thai conglomerate Central Group and Austria's Signa Holding. The acquisition was completed on 23 August 2022. However, after Signa faced financial difficulties and declared bankruptcy, Saudi Arabia's Public Investment Fund (PIF) acquired Signa's shares in Selfridges, becoming a co-owner alongside the Central Group.

↑ Return to Menu