Saudi Arabia— According to the news, Saudi Arabia is preparing to make sports an important source of income. It is claimed that Saudi Arabia is organizing such a tournament with the aim of surpassing the world’s most popular franchise tournament, the Indian Premier League (IPL). Saudi Arabia is going to spend 500 million US dollars for this tournament in the initial phase.
In addition, Saudi Arabia is also going to start a women’s league. It is said that Australian cricket experts and the Australian Cricketers’ Association will also support this Saudi plan. This tournament will be organized from the budget allocated by the Saudi Arabian government for sports. Similarly, some multinational companies are also said to invest in this tournament. The Saudi government has been investing a lot of money in sports like football, tennis, golf, Formula One racing since 2020. In addition, the Saudi Arabian government is also preparing to propose to organize the FIFA World Cup. It is said that the franchise cricket tournament to be organized in Saudi Arabia will be played in the format of ‘Grand Slam Tennis’. The league will feature eight teams in its opening round. These eight teams will compete in different countries throughout the year, with the finals to be held in Saudi Arabia.
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