Saudi Arabia's PIF is "in discussions with multiple boxing stakeholders to create a league, potentially reshaping the competitive landscape of the sport," according to sources. Sources said that PIF is looking to "invest in a joint venture with some of the sport's stakeholders that would feature more boxing bouts." A source said that a handful of leading promoters including Matchroom Boxing and Golden Boy Promotions "are involved in the discussions." The source added that PIF wants to "create a venture that would bring the main sport's organisers together, in which it would take a minority stake" (REUTERS, 6/11).