Saudi Arabia’s football vision goes global
27 September 2023
MEED's October 2023 special report on Saudi Arabia also includes:
> POLITICS: Saudi Arabia looks both east and west
> GIGAPROJECTS: Gigaproject activity enters full swing
> TRANSPORT: Infrastructure projects support Riyadh’s logistics ambitions
> UPSTREAM: Aramco focuses on upstream capacity building
> DOWNSTREAM: Saudi chemical and downstream projects in motion
> POWER: Riyadh rides power projects surge
> WATER: Saudi water projects momentum holds steady
> BANKS: Saudi banks track more modest growth path
> JEDDAH TOWER: Jeddah developer restarts world’s tallest tower

Saudi Arabia has invested more than $6.3bn in sport since early 2021, but that figure will be a fraction of what is coming if plans for its 18-club Saudi Pro League bear fruit.
The kingdom’s entry into world football started in October 2021, when the Public Investment Fund (PIF) bought Newcastle United. Benefitting from a new manager and fresh on-field talent, the team came fourth in the premiership in the 2022-23 season and qualified for this year’s European Champions League.
It is said that Riyadh aims to emulate Abu Dhabi, which bought Manchester City in 2008, but the kingdom’s ambitions go beyond owning a single European club: it is aiming to remake its position in world sport.
The exertions are not dissimilar to the way in which the Brics economic grouping, which the kingdom was invited to join in August, hopes to remake the world’s monetary dogma by breaking the dollar’s grip on the global economy. The Saudi Pro League may be the kingdom’s way of ending Europe’s dominance in football.
Establishing the Saudi Pro League as one of the best will enhance the kingdom’s desire for a say at the highest levels of global club football
Mixed returns
Abu Dhabi has demonstrated that owning a football club can deliver benefits that go beyond income and capital appreciation. It has boosted the emirate’s image, promoted its airline Etihad and given Abu Dhabi a seat at the table of the English Premier League. It has also faced challenges.
Manchester City has been accused of breaching Premier League and Uefa rules about licensing and financial sustainability. In 2020, it was fined and banned from European competitions for two years for alleged breaches of Uefa’s fair play rules, though that was overruled. The club is now subject to a long-term investigation into 115 alleged breaches of Europe’s fair play rules.
Now Newcastle United, which the premiership never wanted to be bought by Saudi Arabia, is being closely scrutinised for evidence that the kingdom is unfairly boosting the club’s spending.
There are also signs that the British football boom, which began after the English premiership was created in 1992, is coming to an end. Top clubs enjoyed a windfall from satellite television rights and then the influx of investment from wealthy individuals, starting with Russia’s Roman Abramovitch 10 years later. This has now been overshadowed by the financial might of Abu Dhabi and Saudi Arabia in England and by Qatar, owner of Paris Saint Germain since 2011, in France.
But the appetite among even the wealthiest investors for football assets may be fading. Earlier this year, Manchester United’s owners rejected an offer for the club from Qatar as inadequate.
Sports Saudisation
Saudi Arabia’s new approach is different. Instead of sending money overseas, it is looking to invest heavily in football within the kingdom. In the 2023 summer transfer season, Saudi Pro League clubs spent a net $907m on players, more than all of the Big Five leagues but the Premier League, which spent $1.39bn.
The economic benefits are easily comprehended. PIF finance would go into building domestic stadiums and training facilities. Money paid to players and support staff would be retained in the kingdom. In addition to a domestic audience of football fans, Saudi Arabia has international airports and an aviation network to bring in fans from across the globe.
Establishing the Saudi Pro League as one of the best will enhance the kingdom’s desire for a say at the highest levels of global club football.
European football’s perilous financial position is why plans for a European Super League comprising 12 teams, announced in the spring of 2021, initially attracted support from the clubs involved. It was scrapped at the last minute, but dreams of a super league – and the problems that inspired it – remain. It is conceivable that the kingdom could argue a case for membership should it be revived, though that is a consideration for the future.
In the meantime, Saudi Arabia’s impact on football is already being felt. Last December, Portugal’s Cristiano Ronaldo signed for Riyadh’s Al-Nassr. Other top players that have since signed to play in the kingdom include Brazil’s Neymar, Ballon d’Or holder Karim Benzema, African Footballer of the Year Sadio Mane, World Cup winner N’Golo Kante and former Liverpool captain Jordan Henderson.
In July, Kylian Mbappe turned down an offer from Riyadh’s Al-Hilal worth almost €300m ($321.5m) and a salary of €200m for a one-season stay. But – in what would be a coup for the Saudi league if it is accepted – a world-record signing fee is reported to have been offered by Al-Ittihad in September for Egypt’s Mohamed Saleh.
Newcastle United could fit into the kingdom’s broader football plan as a source of talent that can be sold to the Saudi league to bring money into the English club while avoiding the fair play charges encumbering Manchester City. The first example of the process may have been Allan Saint Maximim, who was transferred to Al-Ahli for a reported transfer fee of almost $30m in July.
Last summer, Riyadh also launched what is now the Liv Golf League. There has also been talk of it buying a US National Football League club. The kingdom is investing in other sports as well, but it is football that it is bringing home this autumn.
Exclusive from Meed
-
Mace confirms Muscat cultural complex appointment3 September 2026
-
Read the September 2026 MEED Business Review3 September 2026
-
Contractors submit bids for Dukhan field facilities upgrade3 September 2026
-
Oman tenders advisory for 3GW solar IPPs3 September 2026
-
Contractors bid for Abu Dhabi’s Masnouha bridge3 September 2026
All of this is only 1% of what MEED.com has to offer
Subscribe now and unlock all the 153,671 articles on MEED.com
- All the latest news, data, and market intelligence across MENA at your fingerprints
- First-hand updates and inside information on projects, clients and competitors that matter to you
- 20 years' archive of information, data, and news for you to access at your convenience
- Strategize to succeed and minimise risks with timely analysis of current and future market trends
Related Articles
-
Mace confirms Muscat cultural complex appointment3 September 2026
UK-headquartered engineering firm Mace Consult has confirmed its appointment to manage the construction of the Sayyid Tarik Bin Taimur Cultural Complex in the Al-Seeb area of Muscat.
The firm will provide project leadership, programme management, commercial oversight and delivery assurance services.
The complex will be developed on a 400,000-square-metre (sq m) site. Centred on an urban plaza, it will bring together a range of cultural and institutional facilities.
These include a 23,000 sq m national library, a 15,500 sq m national archives, four facilities buildings with a combined area of 14,000 sq m, and a 5,000 sq m energy and data centre.
At the heart of the development is the national theatre, which will include a 1,000-seat auditorium and a 250-seat auditorium. The facilities will sit within landscaped gardens and water features, alongside a signature canopy structure.
In October 2023, the Ministry of Culture, Sports & Youth awarded a design-and-build contract for the complex to a joint venture of local firm Saif Salim Issa Al-Harrasi and Turkiye’s Sembol Construction, MEED reported.
In January 2026, UAE-based steel structure manufacturer Emirates Building Systems, a wholly owned subsidiary of Dubai Investments, won a contract to deliver the project’s structural steel package.
Last month, Kuwait-based engineering and architecture consultancy SSH was appointed as the project’s construction supervision consultant.
https://image.digitalinsightresearch.in/uploads/NewsArticle/19314737/main.jpg -
Read the September 2026 MEED Business Review3 September 2026
Download / Subscribe / 14-day trial access Nuclear energy is becoming an increasingly important part of the GCC’s long-term power strategy, as governments seek to strengthen energy security, diversify generation and meet decarbonisation goals.
Saudi Arabia’s civil nuclear cooperation deal with the US marks a major step forward for its plans to develop its first commercial nuclear power plant, while rising electricity demand across the region is creating further momentum.With the UAE already operating the Middle East’s first commercial nuclear power station, Saudi Arabia targeting up to 17GW by 2040 and Bahrain exploring small modular reactor technologies, our latest Agenda feature examines the growing role of nuclear energy in the GCC’s future power projects pipeline.
September’s Market Focus turns to Kuwait, where the country’s oil-dependent economy has weathered unprecedented disruption, yet major investment and infrastructure deals point to resilience.
This edition also includes a downstream industry report, exploring the accelerating investment in gas processing and associated infrastructure across Mena, the major projects driving spending, and the growing focus on NGL recovery, efficiency and higher-value gas products.
In the latest issue, we speak to Emsteel chief commercial officer Michael Rion about the Abu Dhabi steelmaker’s plans to strengthen its position in domestic and international markets, including the launch of its ES600 steel rebar and the expansion of its long-standing partnership with Adnoc Group.
We also examine the GCC’s accelerating tunnelling boom, as major metro, sewerage and road projects increasingly move underground. The feature explores the scale of investment, the contractors and technology driving the market, and the challenges facing the region as demand for tunnelling expertise and equipment grows.
We hope our valued subscribers enjoy the September 2026 issue of MEED Business Review.

Must-read sections in the September 2026 issue of MEED Business Review include:
> AGENDA: Gulf nuclear revival takes shapeINDUSTRY REPORT:
Downstream
> Gas processing takes centre stage in Mena region> INTERVIEW: Emsteel persists with business productivity and efficiency
> TUNNELS: The Gulf’s next construction boom is happening underground
> KUWAIT MARKET FOCUS:
> COMMENT: Kuwait keeps dealmaking alive under fire
> GOVERNMENT: Kuwait shows tentative signs of economic development
> BANKING: Necessity is the mother of invention for Kuwaiti lenders
> OIL & GAS: Regional war to have lasting impact on Kuwaiti oil sector
> POWER & WATER: Kuwait utilities investment shifts towards water
> CONSTRUCTION: Kuwait construction holds up despite regional strife
> MARKET TALK: Kuwait stands resilient amid regional tensions
> DATABANK: Kuwait’s economic gains are dented by conflict in 2026> MEED COMMENTS:
> Cash is king for Dubai construction
> Aramco moves apace with Jafurah unconventional gas campaign
> Neom’s next phase is crucial to green hydrogen pipeline
> Oman opens door to direct power sales> GULF PROJECTS INDEX: Qatar leads gains as Gulf total holds
> JUNE 2026 CONTRACTS: Middle East contract awards
> ECONOMIC DATA: Data drives regional projects
> OPINION: The history of false dawns
> BUSINESS OUTLOOK: Finance, oil and gas, construction, power and water contracts
To see previous issues of MEED Business Review, please click herehttps://image.digitalinsightresearch.in/uploads/NewsArticle/19308287/main.gif -
Contractors submit bids for Dukhan field facilities upgrade3 September 2026

Contractors have submitted bids to QatarEnergy for a key tender to upgrade facilities at the Dukhan oil field in Qatar, about 80 kilometres west of Doha.
Dukhan, Qatar’s first and only onshore oil field, was discovered in 1938, with oil production starting in 1939-40. The country currently produces about 1.8 million barrels a day (b/d) of crude, with the Dukhan field accounting for about 350,000 b/d of output.
QatarEnergy issued the tender for the Dukhan production facilities upgrade (DPFU) Phase 1B (Part 2) project on 8 June, and initially set a bid submission deadline of 26 July for contractors, which it later extended to 9 August.
The following local contractors, among others, are understood to have submitted bids for the DPFU Phase 1B (Part 2) tender, according to information obtained by MEED Projects:
- Doha Petroleum Construction Company (Dopet)
- Galfar Al-Misnad Engineering & Contracting
- Qatar Engineering & Construction Company (Q-con)
QatarEnergy originally stipulated a bond validity of 150 days (until 23 December) and a bid validity of 120 days (until 23 November) for the project.
The engineering, procurement, installation and commissioning (EPIC) scope covers upgrades to 56 oil manifolds, 108 gas-lift manifold slots, chemical injection systems and key pumping facilities, along with associated piping, instrumentation, control, electrical and civil works.
The scope includes demolition of obsolete equipment, degassing station enhancements, and full testing and handover. It also encompasses additional capacity enhancement works under Part 3, mainly the installation of new oil export and produced-water transfer pumps, along with supporting facility modifications.
The project involves complex interfaces and shutdown-critical activities requiring expertise in live-plant integration.
The Dukhan oil field extends over an area of about 80km by 8km and consists of four reservoirs: Khatiyah, Fahahil, Jaleha and Diyab. The first three are oil reservoirs. The more recently developed Diyab reservoir contains non-associated gas and is estimated to hold around 2 billion barrels of crude oil reserves. Diyab lies on the southern flank of Dukhan.
ALSO READ: Frontrunners emerge for Qatar offshore oil field expansion
https://image.digitalinsightresearch.in/uploads/NewsArticle/19312615/main.jpeg -
Oman tenders advisory for 3GW solar IPPs3 September 2026
Nama Power & Water Procurement Company (Nama PWP) has invited bids for legal consultancy services for the development of three 1GW solar independent power projects (IPPs).
The projects will connect to Oman’s main interconnected system (MIS) and are targeted to reach commercial operation by the second quarter of 2030.
The bid submission deadline is 10 October.
The state offtaker has now tendered three separate consultancy contracts for the solar IPPs, including two issued in July.
The bid submission deadline for the financial and commercial consultancy services tender is 10 September.
Earlier, on 15 July, a technical advisory tender was issued for the three projects as part of a 4GW programme.
As MEED reported, the financial advisory tender covers four 1GW solar projects connected to the MIS, also targeting commercial operation by the second quarter of 2030.
It is understood that bids were submitted for this contract on 26 August.
Oman Electricity Transmission Company (OETC) had earlier outlined the planned grid connection for four 1GW solar IPPs as part of the sultanate’s renewable energy expansion through 2030.
The projects are included in OETC’s Five-Year Annual Transmission Capability Statement for 2026-30.
The first, the 1GW Adam solar IPP, is scheduled for grid integration in 2028 and is further ahead in the procurement process, with Nama PWP issuing a request for qualification for the project in June.
OETC said it expects the 1GW Al-Kamil 2 solar project to be integrated in 2030 through the planned Sadaf 400kV grid station. The 1GW Dhofar solar IPP and 1GW Mahadha solar IPP are also scheduled for integration in 2030.
https://image.digitalinsightresearch.in/uploads/NewsArticle/19311796/main.jpg -
Contractors bid for Abu Dhabi’s Masnouha bridge3 September 2026

Contractors submitted bids on 1 September for a contract to build the Masnouha bridge in Abu Dhabi, connecting Masnouha Island to the Abu Dhabi mainland.
The one-kilometre-long bridge will have three lanes in each direction, with a total width of about 13 metres.
Abu Dhabi’s Department of Municipalities and Transport (DMT) is the project client.
The scheme’s current shortlist comprises a bascule configuration and a swing (swivel) alternative, with the client to confirm the final selection.
The scope also covers substation works, drainage, water and sewerage tie-ins, electrical systems and other associated works.
Masnouha Island is a coastal island in Abu Dhabi earmarked for long-term development, with plans centred on waterfront residential and leisure uses.
Its location within the emirate’s island network makes it a potential site for new marine access and supporting transport links.
In June last year, Abu Dhabi-based real estate firm Eagle Hills signed an agreement with Italy’s Bulgari Hotels & Resorts to develop a new real estate project on Masnouha Island.
Eagle Hills said the resort will feature 60 rooms, including two Bulgari suites, a Bulgari penthouse and 30 villas. The residential assets include 90 mansions ranging from 1,650 to 2,500 square metres.
Milan-based architectural firm Antonio Citterio Patricia Viel Architects is the project consultant.
The project is scheduled to open in 2030.
https://image.digitalinsightresearch.in/uploads/NewsArticle/19305416/main.png