Saudi Arabia expected to axe 2034 World Cup stadium projects Sport Business Saudi Arabia’s plans for hosting the 2034 World Cup look set to be significantly scaled back after doubts emerged over five new stadium builds. The country’s Public Investment Fund will inform Fifa of its intention to scrap construction of the quintet of new venues, including ambitious projects in Qiddya and Neom, Semafor reported. The other [...]
Saudi Arabia still open to sport investing, insists PIF, despite drastic cutbacks Sport Business Saudi Arabia remains keen to invest in sport despite scaling back funding for high-profile projects in golf, football and tennis, says the Public Investment Fund. PIF has retreated from bankrolling LIV Golf and extravagant spending on foreign players for the Saudi Pro League as well as giving up hosting the WTA Finals as part of [...]