Huge Saudi sponsorship revives Real Madrid’s coffers!

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Real Madrid is preparing to receive huge sums from a new Saudi sponsorship contract.

English press reports revealed negotiations between Real Madrid and the Saudi Qiddiya Company in order for the latter to obtain sponsorship rights for the royal club.

This came according to what was reported by “The Times”, which confirmed that the sponsorship contract being negotiated will be worth 150 million euros over ten years.

The newspaper indicated that Qiddiya will be the main sponsor of the women’s soccer team at Real Madrid during those ten years.

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The contract will guarantee the company obtaining the services of four from the first men’s team to promote it and its current project in the Kingdom of Saudi Arabia.

The club’s ambassadors will also promote the company and the Qiddiya entertainment project, which will open the first phase in 2022 and will be built in three phases.

A special building for Real Madrid may be built in the entertainment complex of Qiddiya in the Kingdom of Saudi Arabia as one of the terms of the contract, which is expected to be announced in the future.

It is worth noting that Real Madrid’s women’s team is currently ranked third in the women’s league table with 38 points, while Barcelona leads the standings with 48 points, and the last has two fewer meetings.





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