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Saudi Arabia’s PIF eyeing stake in sports streamer DAZN

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Saudi Arabia’s PIF eyeing stake in sports streamer DAZN

Image credit: Xavier Laine/Getty Images

Saudi Arabia’s Public Investment Fund is among potential bidders exploring the purchase of a minority stake worth around $1bn in DAZN, the sports-streaming group backed by billionaire Len Blavatnik, two people with knowledge of the matter said.

If successful, such a deal could increase the fund’s influence in European football as DAZN is a broadcasting partner for Italy’s Serie A, Spain’s LaLiga, Germany’s Bundesliga and France’s Ligue 1.

PIF, chaired by Saudi Prime Minister and Crown…



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