Exclusive-Saudi Arabia's PIF eyeing stake in sports streamer DAZN, sources say


FILE PHOTO: Boxing - Anthony Joshua v Robert Helenius - O2 Arena, London, Britain - August 12, 2023 General view of DAZN branding Action Images via Reuters/Andrew Couldridge/File Photo

LONDON (Reuters) - Saudi Arabia's Public Investment Fund is among potential bidders exploring the purchase of a minority stake worth around $1 billion 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.

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