The petrodollars are still flowing in football

The petrodollars are still flowing in football
The petrodollars are still flowing in football
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At the beginning of last November, the rumors about her more… closer cooperation FIFA with Saudi Arabia were on fire, alongside those who wanted the Asian country to undertake the World Cup 2034.

For the second we will need to be patient for a few months, for the first we have the official confirmation as of today Aramco and FIFA signed the sponsorship deal until 2027 for several millions (which were not disclosed in the official announcement).

With this agreement, Aramco will be the main sponsor for the men’s World Cup in 2026 and the women’s World Cup in 2027, as well as the rest of the football competitions that will be held under the auspices of FIFA during this period.

“We are delighted to welcome Aramco to FIFA’s family of global partners. This partnership will help FIFA successfully host the flagship tournament over the next four years and, as with all our commercial agreements, will allow us to further support FIFA’s 211 member associations around the world. Aramco has a strong track record of supporting world-class events, but also focuses on developing sports initiatives. We look forward to working with them on various initiatives in the coming years,” said the FIFA president Gianni Infantinowhile the CEO of the company Amin H. Nasser noted for his part:

“The agreement reflects our ambition to build vibrant communities and is an extension of our support for sport as a platform for growth. Our relationship with the Saudi Arabian football club Al Qadsiah, our support of women’s golf through the Aramco Team Series and our support of the F-1 in Schools initiative demonstrate the ability of such agreements to create opportunities, have a positive impact on society and to promote the development of sports”.

We remind you that Aramco belongs to the Public Investment Fund (PIF), which, among other things, controls the English Newcastle, the new professional goal league (LIV), while it organizes great tennis tournaments and of course finances the great transfers of the country’s football clubs.

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The article is in Greek

Greece

Tags: petrodollars flowing football

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