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In October 2021, The Public Investment Fund of Saudi Arabia (PIF) officially purchased an 80% stake in Newcastle United. This coincides with recent investments by the PIF that some have termed sportswashing, so as to distract from the government's questionable record on human rights. Here Cameron Melillo interviews Senior correspondents Ruhi Ramesh and Thomas Chow about how the transaction occurred and the future implications of Saudi money in sports.
Music from Uppbeat: https://uppbeat.io/t/simon-folwar/happy-days
License code: DLPPB1VJZOOVKSOL
By Glimpse from the GlobeIn October 2021, The Public Investment Fund of Saudi Arabia (PIF) officially purchased an 80% stake in Newcastle United. This coincides with recent investments by the PIF that some have termed sportswashing, so as to distract from the government's questionable record on human rights. Here Cameron Melillo interviews Senior correspondents Ruhi Ramesh and Thomas Chow about how the transaction occurred and the future implications of Saudi money in sports.
Music from Uppbeat: https://uppbeat.io/t/simon-folwar/happy-days
License code: DLPPB1VJZOOVKSOL