FIFA seals closer ties to Saudi Arabia with World Cup sponsor deal for oil firm Aramco
GENEVA (AP) — FIFA deepened its ties to Saudi Arabia by confirming a sponsorship on Thursday with the kingdom’s state oil firm Aramco which made a profit of $121 billion last year.
The deal was expected and became inevitable once Saudi Arabia was all but sealed last October as the 2034 host of the men’s World Cup.
The deal through 2027 includes the men’s World Cup in 2026 co-hosted by the United States, Canada and Mexico and the 2027 Women’s World Cup. Hosts of that tournament will be decided next month in a three-candidate vote.
The value of the Aramco deal was not disclosed but is likely the richest ever for FIFA by average annual value. The inaugural 32-team Club World Cup being hosted next year in the U.S. was not specified by FIFA though could be part of a separate deal.
“Through the partnership, Aramco and FIFA intend to leverage the power of football to create impactful social initiatives around the world,” the soccer body said in a statement.
Related articles
Hamas releases distressing proof
Terror group Hamas has released a sickening proof-of-life video of Israeli-American hostage Hersh Go2024-04-26- A scene from the TV series All the Way to the Sunfeatures actress Li Landi and actor Wang Yang, resp2024-04-26
China's AG600M firefighting aircraft completes cold
A China's independently-developed large amphibious aircraft AG600M completes its cold-weather test f2024-04-26Xi Sends Condolences to Biden over Kissinger's Death
Contact Us HomeNewsHighlightACWF NewsSocietyWom2024-04-26ITV adds 'discriminatory language' warning to rerun episodes of classic 80s sitcom Terry and June
ITV has added a 'discriminatory language' warning to rerun episodes of the classic 80s sitcom Terry2024-04-26Xi Focus: China's Leadership Holds Symposium for Soliciting Advice on Economic Work
Contact Us HomeNewsHighlightACWF NewsSocietyWom2024-04-26
atest comment