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PFL sells minority stake, plans expansion into Saudi Arabia - ESPN

espn.com

SRJ Sports Investments, a company launched earlier this month by Saudi Arabia's Public Investment Fund, has acquired a minority stake in mixed martial arts promotion Professional Fighters League, it was announced Wednesday.

As part of the agreement, SRJ will also be an investor in a new regional league called PFL MENA, which will launch in 2024, and support PFL's expansion into Saudi Arabia and the Middle East.

The upcoming PFL pay-per-view Super Fight events will be held in Saudi Arabia. SRJ's commitment to the PFL is worth more than $100 million, sources confirmed to ESPN following a report from Sportico.

One source told ESPN that it's worth «substantially more» than that number. The first Super Fight will be in the first quarter of 2024, the PFL said in its announcement.

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