Yahoo Sports· 1h ago· 1 min read
The Scene Saudi Arabia’s push to become a global soccer power is evolving on and off the pitch after the country spent huge sums signing up international stars. Saudi clubs have paid roughly $2 billion in transfer fees since summer 2023, comparable to the Spanish league in the same period — despite generating a fraction of the revenue. That financial reality is starting to bite.
Reigning league champions Al-Nassr have yet to make a single signing this window — and will only be allowed to if they can fund a deal from their own sponsorship and commercial revenue, according to reporting from Saudi sports broadcaster Arriyadiyah. The transfer freeze comes as the club’s owner, Saudi’s Public Investment Fund (PIF), moves to address a financial crisis at the club, whose debts now exceed 800 million riyals ($213 million), according to Arriyadiyah. This follows years of high spending on stars…
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