Saudi Arabian Football Clubs Land Sponsorship Contracts from Public Investment Fund

2023-06-12 21:28:16

Sources from within the big four clubs “Al-Hilal, Al-Nasr, Al-Ittihad and Al-Ahly” revealed to “Al-Riyadiah” that they will obtain sponsorship contracts of various categories from the Public Investment Fund, which acquired 75 percent of them as part of the club privatization and investment project.
The same sources indicated that the fund has identified a number of its subsidiaries to sponsor them, with a number of up to 5 companies for each club.
And it indicated that all four clubs will receive the same amounts of these sponsorships, and their contracts are unified.
Yesterday, Al-Hilal announced the signing of sponsorship with Seven Entertainment, while Al-Nasr signed with Gulf International Bank.
Al-Hilal and Al-Ittihad have sponsorships that were announced in the past days, as the first signed with Savi Electronic Games Company, while the second signed with Roshen Real Estate.
It is noteworthy that last year, Qiddiya Company sponsored Al-Hilal and Al-Nasr, and the Central Jeddah Company, Al-Ahly, and Al-Ittihad, with contracts that extend for twenty years.

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