Particle.news

Download on the App Store

Saudi Arabia’s Sovereign Wealth Fund Sponsors FIFA Club World Cup

The sponsorship will help FIFA cover $1 billion in promised prize funds for the expanded Club World Cup.

FIFA-Präsident Gianni Infantino (r.) mit Saudi-Arabiens Kronprinz Mohammed bin-Salman
Milliardenschwerer FIFA-Partner: PIF

Overview

  • Saudi Arabia’s Public Investment Fund has partnered with FIFA as a sponsor of the Club World Cup, marking its latest major investment in global football.
  • FIFA has guaranteed $1 billion to the tournament’s 32 clubs and sought external funding to offset sluggish ticket and sponsorship sales.
  • DAZN’s $1 billion acquisition of media rights underlines FIFA’s reliance on high-value deals to support the new competition format.
  • The sponsorship follows the controversial awarding of the 2034 World Cup to Saudi Arabia in a process criticized for its lack of transparency.
  • Human rights groups and other critics label the PIF’s sports investments as ‘sportswashing’ intended to bolster Saudi Arabia’s international image.