Saudi Arabia's Soccer Investment Surge: A New Era in Global Sports
Published on: May 14, 2026, 11:37 p.m. | Source: Devdiscourse
Saudi Arabia's sovereign wealth fund has withdrawn from LIV Golf but amplified its investment in soccer by joining the World Cup as an 'official tournament supporter.' The kingdom seeks to diversify from oil and strengthen soccer ties, underscored by its 2034 World Cup hosting rights and investments in global sports ventures.
