RIYADH: Saudi Arabia plans to develop its sports sector with a fund worth more than $600 million helped by the privatization of football teams, a senior official said on Wednesday.
“The fund will be no less than 2.5 billion riyals ($666 million),” Princess Reema Bint Bandar Al-Saud told the MISK Global Forum.
On Monday the kingdom’s main economic coordinating body, the Council of Economic Affairs and Development, called for creation of the fund within three months.
It aims to “support different sports, development and investment in the relevant areas,” while contributing to privatization of sports clubs and the establishment and funding of amateur sports programs, the Saudi Press Agency said.
Most professional football clubs in Saudi Arabia are reportedly government-owned.
Princes Reema, named three months ago as Vice President for Women’s Affairs at the General Authority for Sports, said privatization of football would provide “the seed capital of our future.”
Her agency is trying to boost the kingdom’s international competitiveness and to get more Saudis exercising.
She said her own focus is on promoting healthy lifestyles, which would also have economic benefits in the conservative kingdom where sport opportunities, particularly for women, are limited.
“Today, the value of sports as a sector could equal, unbelievably, 250,000 jobs for women over the next two years,” she told the forum which linked business leaders with young Saudis in a bid to inspire them to help diversify the oil-dependent economy.
She said she wants to encourage young people to walk more and to ride bicycles, but in the Saudi capital there are only about two shops selling bikes for serious adult riders.
She urged young entrepreneurs to take advantage of such market potential.
Princess Reema sees sport fund at more than $600 million
Princess Reema sees sport fund at more than $600 million
Own goal enough for Al-Ahli as Matchday 24 win keeps pressure on Al-Nassr
- Al-Ahli eke out 1-0 win over Al-Riyadh to keep pressure on Al-Nassr
- Milan Borjan own goal separated the sides at Prince Faisal bin Fahd Stadium
RIYADH: Matchday 24 of the Saudi Pro League kicked off on Thursday, less than 24 hours after the conclusion of the delayed Matchday 10. With the FIFA Arab Cup, World Cup Qualifiers and FIFA World Cup sandwiching the 2025/26 campaign, resting periods have been few and far between outside the international breaks.
With fixtures coming thick and fast, Al-Ahli opted to rest Riyad Mahrez and Enzo Millot for their clash with Al-Riyadh in the capital. Ramadan has further challenged the league schedule, with Matthias Jaissle’s side only arriving in Riyadh at 5:30pm — just hours before kick-off.
With their previous outing against Damac still dominating conversation, Jaissle was keen to ensure his players did not fall into the same trap — namely, being caught off guard by an opponent’s unexpectedly proactive style.
To his relief, Al-Ahli were largely in control this time. Yet the absence of Mahrez limited their creative spark. Relying heavily on Wenderson Galeno down the left, Al-Riyadh did well to crowd the Brazilian and deny him space to operate.
The bane of any expansive side is a compact 5-4-1, and that is precisely how Al-Riyadh’s recently appointed Brazilian manager Mauricio Dulac set his team up. A long-time assistant to former Al-Riyadh coach Odair Hellmann, this marks Dulac’s first managerial role.
Al-Ahli’s attacking routes were severely restricted throughout the first half. Al-Riyadh denied them the opportunity to press high, Mahrez’s trademark diagonals were absent, and finding Ivan Toney in the six-yard box proved a difficult task.
On the rare occasions the visitors broke the defensive line, Milan Borjan stood firm in goal — there was no getting past the Canadian.
That was until first-half stoppage time. Al-Ahli had one more weapon in their arsenal: set-pieces. A lofted delivery from Galeno’s free-kick met the head of Roger Ibañez, who nodded the ball towards goal. Borjan pushed it away, but it was too late — the ball crossed the line.
VAR intervened within seconds. Ibañez was a shoulder offside, and the opener was chalked off. It was a notable twist, particulary as the simultaneous fixture between Al-Fateh and Damac in Al-Ahsa featured a celebration aimed squarely at Al-Ahli and VAR.
Earlier in the week, Damac equalised late against Al-Ahli via Yakou Méïté, only for the goal to be overturned. Méïté reacted angrily and lashed out at referees, but Al-Ahli escaped with the three points. Méïté followed up with a goal against Al-Fateh, and celebrated by mimicking the referee’s VAR signal.
Back in Riyadh, Al-Ahli returned for the second half with renewed intensity. Zakaria Hawsawi grew more adventurous from left-back, threading lofted balls over the Al-Riyadh defence.
In the 53rd minute, he found Toney behind the last defender, but the Englishman’s volley was adeptly saved by Borjan. Five minutes later, Galeno latched onto Hawsawi’s cross and thought he had broken the deadlock — only for the linesman’s flag to rise once again.
Al-Ahli pushed, but as time ticked away, it seemed the coveted winner would elude them. However, once again, set pieces proved decisive.
In the 75th minute, a corner from Saleh Abu Al-Shamat was parried by Borjan, only for his effort to be bundled into his own net, sending the travelling supporters into a frenzy.
After last week’s scare, Al-Ahli knew they had to finish the job. Cue Ibañez, who surged forward from deep before slipping the ball through to Toney to seal the game with what would have been his 24th goal of the season. The run itself deserved a goal, but Toney was flagged inches offside.
Despite another difficult outing, Al-Ahli did enough to secure a clean sheet and grind out a 1-0 victory to move top on 59 points — one ahead of Al-Nassr, who are yet to play this weekend.
Elsewhere, Méïté’s equaliser was later cancelled out by a 77th-minute Mourad Batna penalty, in a match that saw fans commemorate him for surpassing 100 goal contributions with Al-Fateh.
Batna had earlier missed from the spot to the frustation of the home fans, but Al-Fateh’s undefeated streak against Damac at home remains intact as the encounter ended 1-1.
Saudi Pro League action resumes on Friday, with Al-Hazem hosting Al-Ettifaq, Al-Ittihad welcoming Al-Khaleej, and one of Riyadh’s top derbies in Al-Shabab and Al-Hilal. All games kick-off at 10:00pm, in the league’s unified Ramadan schedule.
