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MENA Sports Wrap: Saudi Arabia is centre stage with sports this week, with the draw for the Jeddah-based FIFA Club World Cup taking place this week and MMA coming to Riyadh.
Saudi Arabia's sovereign wealth fund has acquired a minority stake in the Professional Fighters League (PFL), the two entities said Wednesday, the latest example of the kingdom's sports investment push.It is the first deal sealed by SRJ Sports Investments, a new company unveiled earlier this month by the Saudi fund known as the Public Investment Fund (PIF), that aims to draw "major global events" to Saudi Arabia.
The PFL plans to launch a regional league next year and organize other "mega-events" in Saudi Arabia - Click the link for more details.
The Season 5 lightweight and welterweight finals are set after PFL 9 in New York City.
Preview and predictions for PFL 9: 2023 Playoffs, which takes place Wednesday, Aug. 23, live from The Theater at Madison Square Garden in New York City.