How does hosting the 2034 World Cup enhance investment opportunities in the Kingdom?

Within Vision 2030, the Kingdom offers many capabilities and incentives to the sports sector, which aim to strengthen the sports sector as one of the economic tributaries, diversify sources of income, and enhance the Kingdom’s position on the global sports scene.
It contributed to the increase in the domestic product from 2.4 billion riyals to 6.5 billion riyals within two years, an increase of 170%, and the revenues of non-governmental clubs during two years exceeded 2 billion riyals.

Saudi football

Saudi football is witnessing an investment shift, as the Saudi Roshan League (SPL) is the third most profitable league in terms of sponsorship revenues, and more than 17 investment companies have been established in professional league clubs.
The number of countries broadcasting the Saudi Professional League has increased 13 times, from (10 channels) in 2015 to more than (130 channels) in 2023.

The Kingdom offers capabilities to investors in the sports sector in Saudi Arabia, most notably financial facilities, infrastructure development, facilitating investment procedures, supporting the private sector, training and developing talent, facilitating regulations and laws, promoting sports and entertainment, and opportunities in e-sports.

Organizing sports tournaments in Saudi Arabia

Based on the Kingdom’s successful track record in organizing sports tournaments and its huge investments in infrastructure development, the Kingdom has hosted more than 100 international sporting events since 2016 in more than 50 different sports.
It provides a great opportunity to invest in the field of organizing tournaments and sports sponsorship and attracting a larger number of international tournaments to be hosted in the Kingdom.
The Kingdom aims to build and develop world-class stadiums in five major cities: Riyadh, Jeddah, Al-Khobar, and Abha, in addition to NEOM, with (15) advanced stadiums, including 11 completely new stadiums, which provides unprecedented opportunities for investors.

Investing in sports academies

In addition to building and developing sports academies, there is investment in various sports academies.
This is done by attracting external clubs to expand in the Kingdom of Saudi Arabia, opening their own academies or enabling existing clubs in the Kingdom to increase the efficiency of sports academies and develop sports talents.
The Kingdom seeks to empower investors in the sports sector across the Kingdom and provide the greatest possible facilities and flexibility in licensing procedures and investor service by providing representatives from the relevant government agencies to clear the required procedures.
This is in addition to providing support to investors at all stages of their investment opportunities in the quality of life sectors, from establishment until starting to do business.