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Saudi investment fund PIF buys into men's tennis in 'strategic' deal with ATP
Saudi investment fund PIF buys into men's tennis in 'strategic' deal with ATP

Saudi Arabia's Public Investment Fund (PIF) on Wednesday announced a "multi-year strategic partnership" with the ATP, the governing body of men's tennis, extending the kingdom's influence on international sport. "Our strategic partnership with PIF marks a major moment for tennis," said ATP chief executive Massimo Calvelli in the joint statement.