North Carolina GM Michael Lombardi went to Saudi Arabia to look into potential PIF investment
NeutralU.S News

Michael Lombardi, the general manager of North Carolina, recently traveled to Saudi Arabia to explore potential investment opportunities from the Public Investment Fund. This visit, which took place before the season, was made at the invitation of Saudi officials, although the university was not aware of it. While no agreement was reached, this move highlights the growing interest in international investments in college sports and raises questions about the future of funding in athletics.
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