Tuesday, August 11, 2026

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.

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

President Donald Trump and FIFA President Gianni Infantino hold World Cup medals during the FIFA World Cup 2026 final between Argentina and Spain at New York New Jersey Stadium on Sunday, July 19, 2026, in East Rutherford, NJ.

Trump Finally Backs Infantino Amid FIFA Leadership Crisis

Trump said it’d be a “terrible mistake” if FIFA considered replacing Infantino.

Saudi PIF Chief Joins Trump Amid LIV Golf Funding Push

It was Al-Rumayyan’s first LIV appearance since PIF pulled funding in April.

FIFA Alleges ‘Concerted’ Effort to ‘Undermine’ Infantino

FIFA said it will not “tolerate” any process inconsistent with its democratic procedures.
podcast thumbnail mobile
Front Office Sports Today

FIFA’s Infantino Under Fire, ESPN’s New 20-Team CFP Play, Bills Fans on New $2.2B Stadium

0:00

Featured Today

Joey Spallina of the Maryland Whipsnakes

How Eye Black Became ‘War Paint’ on the Field

“You’re going into battle, doing something you only do on game days.”
August 6, 2026

Tom Brady Explains His Aggressive Push Into Trading Cards

Brady talked to FOS about his eponymous card company.
FILE PHOTO: Cricket - Indian Premier League - IPL - Mumbai Indians v Chennai Super Kings - Wankhede Stadium, Mumbai, India - April 23, 2026 Mumbai Indians' Suryakumar Yadav in action
August 5, 2026

India Is Stealing Cricket’s Throne From England and Australia

India’s insatiable appetite for cricket has shifted the traditional locus of power.
WPBL
July 30, 2026

Who’s Playing Women’s Professional Baseball?

Sixty players from 11 countries are descending on Illinois for six weeks.
Tom's Watch Bar
July 17, 2026

Sports Bars Are Cashing In From Summer of Soccer

The World Cup has brought a windfall to America’s biggest sports bars.
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

Saints Great Turns to Ownership

Marques Colston discusses his Champions Fund launch and finding success after football.
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.