Middle East

Saudi Professional League club revenue reaches 455 million riyals

Saudi Gazette report

RIYADH — Saudi Professional League (SPL) or MBS League clubs last season’s revenue reached SR455.2 million from sponsorship and advertising deals, with Al Hilal topping the list with 46% of total revenue I’m here.

Al-Eqtisadiah newspaper revealed the earnings of 15 Saudi clubs in a report. Al Ahly, who left the professional league (for the first time in SPL history) to join the first division, did not release financial results for the season that ended June 30, according to the report.

Saudi Arabia’s top three clubs account for 86.4% of total revenue, according to Al-Eqtisadiah. The first club is Al-Hilal, with 208.6 million riyals, or 46% of the total sponsorship and advertising deals.

Al-Nassr Club ranked second with 97.85 million riyals (21.5% of the total) and Al-Ittihad Club ranked 3rd with revenue of 86.8 million riyals (19%).

Al-Shabab Club in fourth place recorded revenue of 24.7 million riyals, accounting for 5.4% of total contracts.

Other Saudi clubs’ revenues did not exceed 1.5% of total sponsorship and advertising deals, according to the report. Al-Faisalya Club’s revenue reached 6.7 million riyals, or 1.5%. Al Fateh and Al Ta’ee Club he recorded revenue of 4.5 million riyals, or a narrow margin of 1.0%.

Ettifaq and Al-Taawoun also recorded returns by a small margin. Ettifaq got his SR4.2 million and Al-Taawoun his SR4.1 million.

Al-Raed Club earned SR3.4 million, or 0.8%, while Damac Club received SR3 million, or 0.7%. Al Hazem Club 2.6 million riyals, or 0.6%. Al-Fayha Club SR 1.7 million, or 0.4%. Al-Batin Club SR1.3 million, or 0.3%. Abha Club is 1.2 million riyals or 0.3%.

The Saudi Pro League (SPL) previously announced the signing of a new sponsorship deal with local property developer Roshn, a wholly owned public investment fund company.

The league has been renamed ‘Roshun Saudi League’ with a title sponsorship deal worth SR478 million over five years. Roshun Saudi League Patron numbers for his club this season have reached 106 sponsors, partners and advertisers.

In terms of the number of club sponsors and partners in the current league, Al-Ittihad Club topped the list with 12 partners and advertisers, Ettifaq Club with 10 and Al-Shabab Club with 9.

The number of Al-Raed Club sponsors and partners has reached 8. Meanwhile, Al-Nasr, Al-Tawoon, Al-Wedah and Al-Faiha each have seven. Al-Hilal, Abha, Al-Fateh 6 each. 5 each of Damac, Al-Batin, and Al-Tai. Al-Adalah and Khaleej have three each.

https://saudigazette.com.sa/article/625212/Sports/Revenue-of-Saudi-Professional-League-clubs-hits-SR455-million?ref=rss&format=simple&link=link Saudi Professional League club revenue reaches 455 million riyals

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