Saudi spending in transfer window second only to Premier League
Saudi Pro League (SPL) clubs have splurged $957 million on players in the close season transfer window, according to analysis from Deloitte published on Friday.
Saudi’s spend in the transfer window, which closed on Sept. 7, exceeded the spending of four of Europe’s ‘big five’ leagues with only the Premier League ahead of the Middle Eastern nation.
“This marks the first time since 2016 that another international league has outspent any of Europe’s ‘big five’ during a football transfer window…,” said Izzy Wray of Deloitte’s Sports Business Group.
“European football continues to be the benchmark for the game globally, and the Saudi investment in the game will divert its focus towards the infrastructure, to elevate the level of Asian football.”
Earlier this year, the Saudi Public Investment Fund (PIF) announced a Sports Clubs Investment and Privatization Project involving the league champions Al-Ittihad, Al-Ahli, Al-Nassr and Al-Hilal, with a host of top players moving to the league.
PIF own 75% of each of the four clubs, while their respective non-profit foundations own 25% of each.
This window’s biggest transfer move came from the most successful club in Saudi Arabia, Al-Hilal, who spent 90 million euros to bring in Brazil star Neymar from Paris St Germain.
In addition to Neymar, Al-Hilal also spent big money to sign Aleksandar Mitrovic, Kalidou Koulibaly, Ruben Neves and Sergej Milinkovic-Savic.
Saudi Pro League champions Al-Ittihad signed Karim Benzema, N’Golo Kante and Fabinho, while Cristiano Ronaldo’s Al-Nassr splashed out on Otavio, Sadio Mane, Aymeric Laporte, Marcelo Brozovic and Alex Telles.
Al-Ahli, who returned to the Pro League following a season in the second division, also completed a string of signings
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