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PIF to take control of Saudi Arabia's four biggest clubs

The Saudi Arabia ministry of sport has announced the country’s Public Investment Fund (PIF) will take control of four teams in the Saudi Pro League.
The clubs chosen are the SPL’s four founding members: Al Ahli, Al Ittihad, Al Hilal and Al Nassr.
Cristiano Ronaldo joined Al Nassr in January, while Al Hilal are hoping to tempt Lionel Messi to Saudi Arabia with a €400-milllion-per-year contract and Karim Benzema also has an offer from an SPL team. Sergio Busquets is another with a proposal to play in the gulf state.
PIF which owns an 80 per cent stake in Premier League side. ....

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