Saturday, July 11, 2026

$1B Saudi Arabian-FIFA Deal Expected To Follow 2034 World Cup Bid

  • The speed of Saudi Arabia’s successful bid for the 2034 FIFA World Cup surprised many.
  • Now, a Saudi-owned oil company could be paying FIFA $1 billion in a new deal.
Saudi player wins ball from Argentinian player in World Cup match-up
Yukihito Taguchi-USA TODAY Sports

FIFA’s process in awarding Saudi Arabia the 2034 World Cup was significantly quicker than those of most other editions, arriving 11 years ahead of the event. Now, a potentially $1 billion sponsorship deal is putting the bidding process in a new light.

Aramco, the Saudi Arabian state-owned oil company, is close to becoming FIFA’s biggest sponsor in a deal that would include annual payments of up to $100 million through 2034, according to the London Times. If the deal were to begin next year or in 2025, that would amount to at least $1 billion over the life of the agreement.

The Aramco deal isn’t complete, and it’s unclear whether sponsorship talks between Saudi Arabia and FIFA took place after, during, or even before Saudi Arabia’s World Cup bid. Beyond the expedited timeline, FIFA also relaxed its World Cup stadium policy in a move that significantly aided Saudi Arabia’s bid — which otherwise wouldn’t have met multiple requirements.

This isn’t FIFA’s first brush with controversy involving World Cup bids. U.S. Department of Justice officials have said that Russian and Qatari representatives bribed FIFA officials to secure hosting rights for the 2018 and 2022 events, respectively. The corruption around those events marred two straight editions of international soccer’s biggest tournament.

FIFA president Gianni Infantino has reportedly been an advocate for a Saudi World Cup since at least 2020. Next month, Saudi Arabia will host the FIFA Club World Cup — the last edition to feature seven teams before it expands to 32 clubs in 2025.

This field is for validation purposes and should be left unchanged.

Sign up for
The Memo Newsletter

Get the biggest stories and best analysis on the business of sports delivered to your inbox twice every weekday and twice on weekends.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

MLB World Cup Takeovers Continue in Miami

England plays Norway in the World Cup quarterfinal in Miami.

What the World Cup Means to Erling Haaland’s Tiny Hometown

The tournament’s breakout star is from a rural Norwegian town.
July 6, 2026; Seattle, Washington, U.S.; Belgium's Charles De Ketelaere in action with Antonee Robinson of the U.S.

U.S.-Belgium World Cup Match Sets Ratings Record, With 50M Viewers

Both networks extended their historic viewership runs during the tournament.
July 5, 2026; East Rutherford, New Jersey, U.S.; Brazil's Endrick looks dejected after the match as Brazil are eliminated from the World Cup. Mandatory Credit: Caean Couto-Imagn Images

How to Survive a Premature World Cup Exit

What can history tell us about disappointing World Cup exits?
podcast thumbnail mobile
Front Office Sports Today

7/10/26 – World Cup Ratings Records, Seahawks Sale Narrows, Kawhi Trade Limbo

0:00

Featured Today

Why So Many Media Outlets Are Rushing Into Sports

Sports coverage has ballooned in every corner of media.
Pillow Fight Championship
July 8, 2026

How Obscure Sports Get Mainstream TV Deals

For niche sports, getting on TV often matters more than getting paid.
ATLANTA, GA - September 05: Georgia Lottery fireworks after the game against the Seattle Mariners at Truist Park on Friday, September 5, 2025 in Atlanta, Georgia.
July 2, 2026

Inside the Spectacle and Science of MLB Fireworks

Postgame fireworks are lighting up baseball for America250.
Kansas City Chiefs
July 1, 2026

NFL Teams Push to Turn Futbol Fans Into Football Devotees

NFL teams are courting international soccer fans during their World Cup visits.
June 26, 2026

What We Saw Traveling the U.S. for the World Cup Group Stage

The knockout stage begins Sunday.
Jul 30, 2022; Irvine, CA, USA; A general view of the official NFL balls on the field during Los Angeles Rams training camp at University of California Irvine.

Saudi Arabia Wants to Bring American Football to the Middle East

The Middle Eastern nation wants to host major football events.
Noah Lyles (USA) wins the men’s 100m final during the Paris 2024 Olympic Summer Games at Stade de France in Saint-Denis, France, Monday, Sunday, Aug. 4, 2024.
September 22, 2025

Summer Olympics Face a Climate-Induced Heat Check

The World Athletics president says the status quo is not sustainable.
Oct 6, 2024; London, United Kingdom; British and United States flags on the field at Tottenham Hotspur Stadium.
September 29, 2025

From Dublin to London: Vikings on NFL’s First Multi-Country Road Trip

The Jaguars have previously played consecutive games in the U.K.
Sponsored

Josh Childress: Why Now Is the Time for NBA Expansion

Josh Childress on why he invested in the Portland Thorns, the case for NBA expansion, and donating to Stanford NIL.
January 13, 2025

Newsom Adamant About L.A. Hosting 2028 Olympics

Gavin Newsom says there’s a “Marshall Plan” to rebuild Los Angeles.
Paralympics Tiktok
August 25, 2024

The Paralympics TikTok Account Isn’t What You Think

A cheeky TikTok account is opening the world of Paralympic sports.
August 11, 2024

Passing of the Torch: Los Angeles Set for Olympic Firsts in 2028

The city last hosted the Summer Olympics in 1984.
August 1, 2024

Saudi Arabia Submits Bold World Cup Bid That Includes a Cliffside Arena

The Saudis are proposing a new stadium in a futuristic city called Neom.