At SR 3.45 bln market value, Saudi League is close to world’s ‎top 10 list ‎

Saudi Roshan League continued its rise in the market value, reaching the 11th rank in the world in terms of market value so far, as its market value amounted to approximately 843 million euros (3.45 billion riyals), aiming to reach a market value that exceeds 8 billion riyals. According to the project of investing and privatizing sports clubs, the Saudi League is also the fifth in the world in terms of the volume of club spending for contracts during the summer period for the current season, at about 514.82 million euros (2.11 billion riyals).

According to the (Transfer Market) website, the Saudi Professional League is close to entering the list of the top 10 leagues in the world according to the market value, with an expectation of an increase of about 100 million euros in the market value of the league, after Al Hilal club completed the agreement with the Brazilian star Neymar, who amounts to Its value is 60 million euros, and the Al-Ahly club is interested in signing with the Turkish Demiral, and the Polish Zielinski, with a value of 55 million euros for both of them.

The English Premier League tweeted alone at the top of the list of the highest leagues in the world in terms of market value by about 10.44 billion euros, followed by the Spanish League with a value of 4.64 billion euros, then the Italian League with a value of 4.52 billion euros, followed by the German League with a value of 4.11 billion euros, then the French League. With a value of 3.62 billion euros, the Brazilian League came sixth with a value of 1.46 billion euros, then the Portuguese League seventh with a value of 1.27 billion euros, and the American League eighth with a value of 1.25 billion euros, followed by the Turkish League with about 1.08 billion euros, and then the Dutch league tenth with about 953.75. billion euros

Al-Hilal club is considered the most spending club in the league to attract players, with a total of about 178 million euros (729 million riyals). With the Brazilian Neymar

It is noteworthy that 75% of the ownership of the clubs is “Al-Ittihad”, “Al-Ahly”, “Al-Nasr” and “Al-Hilal”, which were transferred to the Public Investment Fund as part of a project to invest and privatize sports clubs. In order to achieve the objectives of the Saudi Vision 2030 in the sports sector, which aims to build an effective sports sector, by stimulating the private sector and enabling it to contribute to the development of the sports sector, in order to achieve the desired distinction for national teams, sports clubs and practitioners at all levels.

These contracts and the amounts paid by the Saudi clubs are consistent with the investment and privatization project for sports clubs launched by the Crown Prince in early June, in order to achieve the goals of the Saudi Vision 2030 in the sports sector, aimed at building an effective sports sector, by stimulating the private sector and enabling it to contribute to the development of sports clubs. The sports sector, in order to achieve the desired distinction for national teams, sports clubs and practitioners at all levels.

The project is based on three strategic goals, which are to create quality opportunities and an attractive environment for investment in the sports sector to achieve a sustainable sports economy, raise the level of professionalism and administrative and financial governance in sports clubs, in addition to raising the level of clubs and developing their infrastructure to provide the best services to sports fans, Which reflects positively on improving the audience’s experience. The transfer and privatization of clubs in general aims to achieve qualitative leaps in various sports in the Kingdom by 2030, to create a distinguished generation in sports at the regional and global levels, in addition to developing the football game and its competitions in particular, to bring the Saudi league to the best list (10) Leagues in the world, increasing the revenues of the Saudi Professional League from 450 million riyals to more than 1.8 billion riyals annually, in addition to raising the market value of the Saudi Professional League from 3 billion to more than 8 billion riyals.