And according to the Spanish newspaper “Marca”, the president of the Spanish Football Association, Luis Rubiales, renewed the current contract with Saudi Arabia for a period of three years, with the possibility of renewing for the next 4 copies of the tournament, so that the Kingdom would receive the hosting rights until at least 2029.
If this contract is adhered to, the Spanish Federation will receive an amount between 240 and 380 million euros.
The newspaper pointed out that Saudi Arabia was the economic savior of Spanish football during the crisis, due to the outbreak of the “Corona” virus, explaining that Saudi Arabia maintained its contracts with the Spanish Federation to host the tournament, by paying 30 million euros annually.
And the Saudi Minister of Sports, Prince Abdulaziz bin Turki Al-Faisal, announced yesterday that Saudi Arabia will continue to host the Spanish and Italian Super Cups, the Super Globe Handball Championship, the 3×3 Basketball World Tour, the 2022 Formula E race and the 2022 Dakar Rally.
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