• Loading stock data...
Sunday, December 22, 2024

Saudi Arabia Reportedly Could Spend $1 Billion on Soccer Stars

  • The Kingdom’s Public Investment Fund is considering financing deals for some 20 soccer stars, according to the New York Times.
  • After signing Cristiano Ronaldo last year, the Saudi Pro League has reported offers to Lionel Messi and Karim Benzema.
Manchester United

Saudi Arabia’s government is looking to sign some 20 foreign stars to join its top soccer league in deals that could exceed a combined $1 billion, reports the New York Times. 

Clubs in the Saudi Pro League have reportedly begun approaching global soccer stars with “some of the highest annual salaries in sports history,” according to the NYT. Cristiano Ronaldo recently finished his first season playing with Saudi club Al Nassr as part of his reported $214 million-per-year contract reached last year to make him the highest-paid athlete ever by annual salary. 

Ronaldo’s deal is through 2025. The 38-year-old recently confirmed plans to continue playing in the SPL, adding he thinks the league could be a top-five league worldwide.

“I am happy here, I want to continue here, I will continue here,” Ronaldo said, per The Athletic. “And in my opinion, if they continue to do the work that they want to do here, for the next five years, I think the Saudi league can be a top-five league in the world.”

Ronaldo could be joined in Saudi Arabia by his former Real Madrid teammate Karim Benzema. ESPN reported that Benzema had been offered a two-year, $428 million contract to join Saudi Pro League club Al Ittihad. 

Al Ittihad has also attempted to lure Lionel Messi in an offered deal reportedly worth $386.5 million per season. Messi will leave French club PSG at the end of this season and is reportedly also drawing interest from FC Barcelona and MLS club Inter Miami.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Netflix Keeps Expanding Live Sports Lineup—Now Women’s World Cup

FIFA has sold the 2027 and 2031 U.S. rights to Netflix.
Aug 20, 2023; Sydney, AUSTRALIA; Spanish team before FIFA Women’s World Cup 2023 Final Spain v England at Stadium Australia (Accor Stadium) 20 August 2023, Sydney, Australia.

Netflix Secures Rights to Broadcast Women’s World Cup in 2027 and 2031

Netflix is also streaming the NFL’s Christmas Day games.
Boston mayor Michelle Wu

Boston Mayor Defends NWSL Stadium Renovation Going $100 Million Over Budget

Costs to renovate the 75-year-old stadium have roughly doubled.
Sponsored

How Sportradar and the NBA Are Shaping the Future of Immersive Fan..

By transforming raw data into tailored, interactive content, Sportradar helps turn the NBA’s enormous fanbase into active participants.

Featured Today

Texas Memorial Stadium

Inside the First On-Campus College Football Playoff Games

FOS is on the ground in Austin for Clemson-Texas.
Pat McAfee holds up the USC Gamecock during ESPN Gameday near Williams-Brice Stadium in Columbia, S.C. Saturday, September 14, 2024.
December 20, 2024

‘Traveling Circus’: How ‘College GameDay’ Plans to Visit Two Campuses in 24..

Inside the show’s grueling schedule for the expanded Playoff.
December 19, 2024

The Lawsuits That Defined the Business of Sports in 2024

Litigation was flying, and lawyers were busy this year.
Indiana's Elijah Sarratt (13) celebrates a touchdown during the Indiana versus Purdue football game at Memorial Stadium on Saturday, Nov. 30, 2024.
December 16, 2024

How College Football Entered an Unprecedented Era of Parity

The reason the expanded Playoff bracket includes new faces.

Premier League Transfer Spending Has Already Topped $2 Billion As Deadline Looms

Saudi Pro League teams haven’t yet matched their English counterparts.
August 11, 2024

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

The city last hosted the Summer Olympics in 1984.
Paralympics Tiktok
August 25, 2024

The Wildly Successful Paralympics TikTok Account Isn’t What You Think

A cheeky TikTok account is opening the world of Paralympic sports.
Sponsored

How UBS Crafts Impactful Partnerships Across Sports, Arts, and Culture

As UBS continues to expand its impressive array of sports and entertainment partnerships, the company solidifies its position as a leader in wealth management.
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.
John John Florence (USA) surfs in men’s round two competition during the Tokyo 2020 Olympic Summer Games at Tsurigasaki Surfing Beach.
July 29, 2024

Olympic Surfers Won’t Get Their Full Paris Moment

‘We’re kind of separate off on our own little thing over here.’
Teahupo'o Tahiti Surfing
July 26, 2024

Olympic Surfing Crashes on Tahiti Like a Wave

For Teahupo‘o’s locals, the Olympics are a mixed blessing.
July 25, 2024

Olympics: Despite Concerns, Star Athletes and Paris Spark Hope

Hope rises for a resurgent event after two pandemic-marred Olympics.