2023-08-14 20:39:00
Brazil’s leading star will land in the Saudi League. Heavy signings will overturn the world football pattern
News from the Associated Financial Press on August 15 (Editor Zhao Hao)According to multiple media reports, the famous Brazilian star Neymar will transfer from the French giants Paris Saint-Germain (PSG) to the Saudi football club Riyadh Crescent (Al-Hilal). One of the big signings.
Sports channel ESPN reported that the transfer deal was worth as much as 90 million euros (approximately 98.6 million U.S. dollars); well-known journalist Romano also said on social platforms that Riyadh Crescent will pay Paris Saint-Germain “close to 100 million euros.” Euro” fee, Neymar will go to Saudi Arabia this week on a two-year contract.
Source: Romano’s social media French “L’Equipe” revealed in a report on Sunday (August 14) that Neymar’s income in these two seasons will be three to four times what he earned in Paris. According to other media reports, Neymar can get a bonus of regarding 80,000 euros for every victory of the Riyadh Crescent; if Neymar promotes Saudi Arabia on his personal social media, he can even earn 500,000 euros for each post.
The 31-year-old Neymar has been Brazil’s core force since the 2014 World Cup. With the leadership of the head star, the Brazilian team once became the biggest favorite to win the World Cup in Qatar last year. But the result was that Brazil was eliminated by Croatia in the quarter-finals and stopped in the quarter-finals.
In his club career, although Neymar led Paris to win the league championship many times, long-term injuries made it difficult for him to find his peak state. It is understood that following joining Paris with a world-record transfer fee of 222 million euros, Neymar failed to have a full season. Last season, Neymar missed almost half of the season due to injury.
Heavy signings in the Saudi League
This summer, clubs in the Saudi League are searching for top football stars in the world with crazy speed and intensity. The eye-popping high salary has attracted many well-known players, potential new stars and top coaches, and Neymar is undoubtedly the most famous one.
According to the German “Transfer Market” website, the Saudi League has achieved a lot of signings in the summer window this year, and the net expenditure on transfer fees is close to 500 million euros. Another media mentioned that the Saudi Ministry of Sports has allocated a budget of US$800 million for this year’s summer window, and 18 teams can “spend” this fund before September 20.
Peter Hutton, a member of the board of directors of the Saudi League, said in an interview: “I have worked in the sports circle for 40 years, and I have never seen such a large, ambitious and successful project.” Simon, professor of sports and geopolitical economics at SKEMA Business School in Paris Chadwick said that Saudi Arabia is eager to create a league like the Premier League. At present, the attention of the league is increasing, and more and more people are trying to watch it.
At the end of 2022, the Saudi football club Riyadh Victory signed Portuguese football superstar Cristiano Ronaldo (C Ronaldo) with an annual salary of 200 million euros. In the end, it turned out that Riyadh’s decision to win not only brought huge traffic to the club, but also brought the entire Saudi league into the focus of the sports world, and some famous players followed suit.
At the beginning of June, the Saudi sovereign wealth fund Public Investment Fund (PIF), which has at least US$620 billion in capital, announced the acquisition of 75% of the shares of the four major domestic clubs Riyadh Crescent, Riyadh Victory, Jeddah National and Jeddah United, and the remaining 25%. The shares are held by the new non-profit foundation. Media commented that the change of ownership of the four clubs is aimed at attracting investment in the sport, improving the competitiveness of the Saudi top league, and making the sport more professional and economical.
Last month, Portuguese football superstar Cristiano Ronaldo (C Ronaldo) said in an interview, “I’m sure I won’t go back to Europe to play football, I just want to play in Saudi Arabia, let alone the United States. The Saudi league is better than the American league. Much more, my team is Riyadh Victory. No matter where I go, I can create more attraction. I opened the door for European stars to go to the Saudi league, and now the top players choose to go to the Saudi league.”
Last weekend, Riyadh successfully won the Arab League Championship, and Ronaldo won the first championship honor in his Saudi career. A series of “high-priced contracts” also fully demonstrated Saudi Arabia’s ambition to enter the global sports industry, further indicating that Saudi Arabia is interested in expanding the capital layout of the sports industry. Diversify its economy and change its image on the international stage.
SRJ, a sports investment company established by PIF at the beginning of the month, stated that it will aim to create a company that can provide unique fan participation activities and cross-industry transformative sports technologies, thereby consolidating Saudi Arabia’s leading position as one of the world’s sports and entertainment centers.
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