FIFA took another Saudi Arabian investment Thursday for the U.S.-hosted Club World Cup, announcing a commercial deal with the kingdom's sovereign wealth fund.

PIF and FIFA today announced PIF as an official partner of FIFA Club World Cup 2025™, which will take place in the

Soccer's governing body FIFA and Saudi Arabia’s Public Investment Fund (PIF) announced a partnership on Wednesday for the Club World Cup, which kicks off in the U.S. on June 14. The partnership marks another major move by PIF to expand its global sports portfolio,