Saudi Arabia Plans New Investment in Cricket After Previous Sports Investments
Saudi Arabia, after investing in Grand Prix and Liv Golf sports, appears ready to diversify further by investing in cricket. Not satisfied with previous sporting investments like Grand Prix and Liv Golf, Saudi Arabia has begun talks with authorities and cricket boards regarding creating its T20 league; no doubt this investment would become one of the richest cricket leagues globally if implemented.
Saudi Arabia T20 League Could Be World’s Richest Cricket League
Since Saudi Arabia announced they are in talks with IPL officials to make substantial changes to the shorter form of cricket, fans of cricket have been left in suspense as they wait to know whether Indian cricketers are permitted to take part in Saudi Arabia T20 League or not.
Insider claims Saudi Arabia Is Set to Launch World’s Richest T20 League
According to an insider, Saudi Arabia is dissatisfied with their previous investments in Formula 1 Grand Prix and LIV Golf and plans on creating the world’s richest T20 league as a response. Furthermore, an official has confirmed this project.
Indian Players Are Set to Participate in Saudi Arabia T20 League
Talking of Indian players, speculation is rampant that Indian cricketers will compete in Saudi Arabia’s richest T20 league organized by IPL management as per request by Saudi government.
BCCI May Permit Indian Players to Compete in Saudi Arabia T20 League
Indian players are currently prohibited from competing in any league other than IPL, according to reports, BCCI may allow Indian players to join Saudi Arabia T20 league if KSA proposes relaxing its rules in this regard.
KSA Confirms Interest in T20 League with International Cricket Council
Greg Barclay, Chairman of the International Cricket Council confirmed KSA’s interest in investing in T20 league. Greg commented, “From what I understand about their involvement with other sports, cricket should appeal to them as an investment opportunity.
Cricket as an Investment Strategy in Saudi Arabia
Greg Barclay noted, “Given their recent advances into cricket more generally, cricket could work quite well for Saudi Arabia. As they’re already investing heavily in sport with regional presence and cricket being such an obvious target to pursue” So if all goes according to plan and negotiations go smoothly then chances for a Saudi T20 League are good and stay tuned to this site for updates on more details and developments.