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☆ Saudi sovereign wealth fund to partner with men's tennis tour
▼ + stars: | 2024-02-28 | by ( Ryan Anastasio | ) www.cnbc.com time to read: +1 min

Saudi Arabia's Public Investment Fund will become the official naming partner of the ATP Rankings and will partner with ATP Tour tennis events, including Indian Wells, Miami, Madrid, Beijing and the Nitto ATP Finals under a multi-year partnership announced Wednesday. "Our strategic partnership with PIF marks a major moment for tennis. It's a shared commitment to propel the future of the sport," ATP CEO Massimo Calvelli said in a press release. A deal to merge the PGA Tour and the Saudi-backed LIV tour is still in negotiations and there is no deadline for the talks to end. The PIF launched the LIV tour in 2022, luring away top stars from the PGA Tour, including Phil Mickelson, Dustin Johnson and Brooks Koepka, with hundreds of millions in signing bonuses.

Persons: Hamad Medjedovic, Arthur Fils of, Massimo Calvelli, LIV, Phil Mickelson, Dustin Johnson, Brooks Koepka, Crown Prince Mohammed bin Salman, Mohamed AlSayyad Organizations: King Abdullah Sports City, Saudi Arabia's Public Investment Fund, ATP, ATP Tour, PGA Tour, PIF, LIV, PGA, Saudi, Crown, U.S Locations: Serbia, Arthur Fils of France, Jeddah, Saudi Arabia, Saudi, Indian Wells, Miami, Madrid, Beijing

☆ Saudi Arabia set to host 2034 World Cup as Australia withdraws interest
▼ + stars: | 2023-10-31 | by ( Sammy Mncwabe | ) edition.cnn.com time to read: +4 min

CNN —Saudi Arabia is set to host the 2034 men’s FIFA World Cup after Australia withdrew its interest in hosting the global showpiece just hours before the bid deadline on Tuesday. Instead the Australia football federation has opted to proceed with their bids for the Women’s Asian Cup in 2026 and the FIFA Club World Cup in 2029. In a press release sent out on Tuesday, FIFA confirmed that Saudi Arabia was the only bidder for the 2034 tournament. In 2022, Oleksandr Usyk beat Anthony Joshua at the King Abdullah Sports City Arena in Jeddah, Saudi Arabia in a heavyweight title clash. To host the World Cup would be viewed as a major coup for Saudi Arabia, which has been frequently been criticized of sportswashing.

Persons: “, Oleksandr Usyk, Anthony Joshua, Andrew Couldridge, Prince Mohammed bin Salman, Luca Bruno, ”, Steve Cockburn Organizations: CNN, FIFA, Australia, ” Football Australia, FIFA Club, FIFA Council, ” FIFA, King Abdullah Sports City Arena, Formula One, Saudi Pro League, sportswashing, MBS, Fox News, Sports & Rights Alliance, Getty, Economic, Social, “ FIFA, Rights, Saudi Arabia Football Federation Locations: Saudi Arabia, Asia, Oceania, Spain, Portugal, Morocco, Uruguay, Paraguay, Argentina, Jeddah, Saudi Arabian, Saudi

☆ Saudi soccer dominance could still take 'decades' despite reported $332 million Mbappé bid
▼ + stars: | 2023-07-25 | by ( Elliot Smith | ) www.cnbc.com time to read: +5 min

Aurelien Meunier - PSG/PSG via Getty ImagesSaudi Arabian soccer club Al-Hilal reportedly tabled a world record 300 million euro ($331.9 million) bid for Paris Saint-Germain star Kylian Mbappé, a further signal of the kingdom's efforts to shake up the sport's global order. Al-Ahli snapped up Chelsea goalkeeper Edouard Mendy and former Liverpool striker Roberto Firmino, and have just agreed a £30 million ($38.54 million) deal to bring in forward Riyad Mahrez from reigning English Premier League and European champions Manchester City. A medium-term threat Soccer isn't the first sport to be rocked by a sudden wave of Saudi investment. This is more like a couple of decades before I think we could see some significant impact." Cristiano Ronaldo stands prior to the Saudi Pro League week 28 soccer match between Al-Nassr and Al-Shabab at Alawwal Park Stadium in Riyadh, Saudi Arabia on May 23, 2023.

Persons: Kylian, Paris Saint, Germain, Le, Aurelien Meunier, Hilal, Mbappé, Nassr, Cristiano Ronaldo, Marcelo Brozovic, Alex Telles, Ronaldo, Ballon, Karim Benzema, N'Golo Kante, Edouard Mendy, Roberto Firmino, Mahrez, Anmar Al, Khalid Alhaj, Al, Ruben Neves, Kalidou Koulibaly, Sergej Milinkovic, Savic, LIV, Michael Goldberg, DBRS Morningstar, Goldberg, Jude Bellingham, Mohammed Saad Organizations: Paris Saint, Campus PSG, PSG, Getty Images, Al, French, country's Public Investment Fund, Real, English Premier League, Newcastle United, Saudi, — Al, Saudi Pro League, Inter Milan, Manchester United, Real Madrid, Chelsea, Liverpool, Manchester City, King Abdullah Sports City, Premier League's Wolverhampton Wanderers, Senegalese, Lazio, UEFA, Champions League, England's Premier League, Liga, Germany's Bundesliga, Italian Serie, isn't, DBRS, CNBC, Bayern Munich, Juventus, Borussia Dortmund, Alawwal, Anadolu Agency, Getty Locations: POISSY, France, Paris, Le Havre, Getty Images Saudi Arabian, Qatar, Real Madrid, Spanish, Saudi, Ittihad, Al, Hilal, Ahli, JEDDAH, Saudi Arabia, Europe, Italian, Barcelona, Liverpool, Shabab, Riyadh

☆ Former heavyweight champion Joshua to return to ring in April
▼ + stars: | 2023-02-06 | by ( ) www.reuters.com time to read: +1 min

[1/2] Boxing - Oleksandr Usyk v Anthony Joshua - WBA, WBO and IBF heavyweight world title - King Abdullah Sports City Arena, Jeddah, Saudi Arabia - August 20, 2022 Anthony Joshua after losing his fight against Oleksandr Usyk Action Images via Reuters/Andrew Couldridge/File PhotoLONDON, Feb 6 (Reuters) - Britain's former twice world heavyweight champion Anthony Joshua will make his ring return in London on April 1 against American Jermaine Franklin, promoters Matchroom and DAZN said on Monday. The fight at the 02 Arena will be the first time in nearly seven years that Joshua, 33, has fought without a world title at stake. The Briton has not fought since his second straight loss to Ukraine's WBA, WBO, IBF and IBO champion Oleksandr Usyk in a title rematch in Saudi Arabia last August. "Mentally and physically I feel ready," said Joshua, who has a new trainer in Derrick James for the fight against a 29-year-old opponent. Franklin, who has a 21-1 record with 14 knockouts and whose first defeat was on points to Britain's Dillian Whyte at Wembley Arena last November, said Joshua had "had his time".

☆ Russia releases 10 foreigners captured in Ukraine, after Saudi mediation, Riyadh says
▼ + stars: | 2022-09-21 | by ( ) www.reuters.com time to read: +2 min

Bandar Algaloud/Courtesy of Saudi Royal Court/Handout via REUTERSRIYADH, Sept 21 (Reuters) - Russia on Wednesday released 10 foreign prisoners of war captured in Ukraine, following a mediation by Saudi Crown Prince Mohammed bin Salman, the Saudi foreign ministry said. "The relevant Saudi authorities received and transferred them from Russia to the kingdom and are facilitating procedures for their respective countries," the statement said. A Saudi official said they were five Britons, two Americans, a Croatian, a Morrocan and a Swedish national. Large numbers of foreigners have travelled to Ukraine to fight since Russia's Feb. 24 invasion. Some of them have been caught by Russian forces, along with other foreigners in the country who say they were not fighters.

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