We will do whatever is necessary to protect Israel, IDF says    Saudi, Chinese FMs discuss over phone Gaza situation    GCC-Central Asia strategic dialogue: Comprehensive cooperation and future commitments outlined in Tashkent meeting    Uzbekistan's president, Saudi Foreign Minister discuss bilateral relations and regional issues    Saudization of all insurance product sales jobs takes effect on Monday    GASTAT: Saudi annual inflation slowed to 1.6% in March    Diriyah Biennale Foundation announces shortlist for AlMusalla Prize, set to revolutionize musalla architecture    Fourth Gulf Film Festival kicks off in Riyadh, scaling up Saudi movie industry Event extends over 5 days with the screening of 29 diverse films    Bondi Junction mall killer may have targeted women, Sydney police say    Oil prices lower after Iran attack on Israel    Ukraine's power plants at the mercy of Russian missiles    Crown Prince, Iraqi PM discuss over phone military escalation in the region    Riyadh Season's 'Rumble' earns Sports Emmy nomination    NEOM's workforce projected to surpass 200,000 by next year amid rapid development Over 100 leading global construction companies briefed on current progress    China and USA shine at junior and cadet fencing world championships in Riyadh    TGA cracks down on unlicensed transport, seizes 1,217 vehicles at Saudi airports    Al Hilal secures Diriyah Saudi Super Cup title with a dominant win over Al Ittihad    Saudi film 'Norah' selected for Cannes Festival    Japanese sumo legend Taro Akebono dies    JK Rowling reignites row with Harry Potter stars    JK Rowling in 'arrest me' challenge over hate crime law    Trump's Bible endorsement raises concern in Christian religious circles    Hollywood icon Will Smith shares his profound admiration for Holy Qur'an    We have celebrated Founding Day for three years - but it has been with us for 300    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Saudi takeover boosts Spanish Club Almería back into La Liga
Published in The Saudi Gazette on 30 - 05 - 2022

It took seven years for Almería to return to the first division, a move many in the league credit to team's new owner, Saudi Arabian Turki Bin Abdul Mohsen Al Al-Sheikh, the former minister of sport and current chairman of the General Authority of Entertainment of Saudi Arabia.
Al-Sheikh bought the Spanish club two years ago for approximately $20 million. Since then, he's spent another $30 million to improve the squad, including $19 million on Nigerian forward Umar Sadiq, and $4 million each on Samú Costa, a Portuguese midfielder, Alejandro Pozo, a Spanish right-wing, Lucas Robertone, an Argentine midfielder, and Sergio Akiame, a left-back.
The Al-Sheikh used his sway to get seven-time Ballon d'Or winner Lionel Messi and others to come watch a match with him last November, prompting a viral video that delivered Almeria's social media presence. Flair for publicity extended to the streets: In 2020, the club raffled a dozen Audi A1s to season ticket buyers in order to drive crowds to Almeria's stadium.
Almería is not the Saudi investor's first foray into soccer. In 2018 Al-Sheikh bought an Egyptian club called Alassiouty Sport. He spent millions of dollars to revamp the squad, rebranded the club as Pyramid FC and sold it after two seasons when the club finished third.
In Spain, however, Al-Sheikh's financial contributions have been limited by La Liga's tight spending controls. Last season, Al-Sheikh wanted to bring new sponsors from Saudi Arabia, but LaLiga did not allow the move, claiming the amounts of the contracts did not correspond to the value of a second division team.
Almería's promotion will put pressure on mid- to lower-level first division teams. Almería is in a position of financial strength and will now be allowed to spend 65% (up to $35.8 million) of its income on player salaries next season.
According to Transfermarkt.com, Almeria has the most expensive team in the second division, with the value of its 23 players totaling $63 million.
"Following Newcastle United's late season success in the English Premier League and now UD Almeria's promotion to Spain's LaLiga, there will be two Saudi Arabian owned clubs in European soccer's two biggest leagues," Simon Chadwick director of the Centre for Eurasian Sport of EMLyon Business School told Sportico in a phone interview.
"Some will assess this as being immediate evidence of a return on Saudi Arabia's investments in football, others will see it as an insidious example of sport washing. However, it remains to be established what links there are between Almeria and United."
While happy Almeria supporters took to the streets of town to celebrate their long-awaited promotion, Al-Sheikh has three months to renovate the 15,000-seat municipal stadium and bring it up to LaLiga's first division standards.
While he has to respect LaLiga's salary cap, Al-Sheikh is expected to pursue star transfers. In 2019, he jokingly asked Messi to play for Almería; perhaps the Argentine is the card the Sheikh has been hiding up his sleeve. — Sportico.com


Clic here to read the story from its source.