Saudi Arabia
FIFA adjusts match ceremony for Saudi Arabia and Iraq, over their flags
The Qur’an, and the sacred words depicted on the respective flags.
Saudi Arabia will continue to invest a lot of money to “attract elite footballers,” said the CEO of the Saudi Pro League.
The CEO of the Saudi league has announced another very rich transfer market, and the most persistent rumors are about Salah, Lewandowski, and Vinícius Júnior.
Saudi Arabia has confirmed that, starting from 2027, it will no longer fund LIV Golf.
The news of the dismantling of the tour created and funded by the PIF fund has shaken the world of golf. It is now questioning the prizes and the number of tournaments to be played.
Saudi Arabia continues to disengage from its sports investments, and now it’s billiards’ turn.
The transfers of Al-Hilal and the rumors about LIV Golf were two clues, now we have proof.
Simone Inzaghi’s team and Benzema, Al-Hilal, has been sold by the PIF Fund (and this is very important for Saudi football)
The new ownership is still part of the royal family, but the news heralds a clear change from the grand project launched in 2023.
After accumulating losses of five billion dollars, Saudi Arabia is considering no longer funding LIV Golf, one of its major investments in sports.
Since its foundation in 2022, the parallel circuit to the PGA Tour has had a disruptive impact. The problem, however, is that it has not yet become profitable.