sports spending

Latest news and articles about sports spending from NEX English

Saudi Arabia Reevaluates Its Sports Spending Strategy

Saudi Arabia is reassessing its sports spending strategy after years of generous investment aimed at attracting major events and stars. The decline in public interest and financial returns necessitates a new balance between ambition and profitability.

Saudi clubs spend over €2.04 billion on player transfers

A report from Transfermarkt reveals that the top five Saudi clubs have spent more than <strong>€2.04 billion</strong> on player transfers, with Al Hilal leading at <strong>€651.12 million</strong>.