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Pro League

All articles tagged with #pro league

sports2 years ago

Saudi Arabia's Billion-Dollar Soccer Spending Spree: Neymar, Messi, Mbappe, Salah, Ronaldo, Benzema, and More

Saudi Arabian football has made a billion-dollar splash in the transfer market, attracting big-name players like Cristiano Ronaldo, Lionel Messi, Neymar, and Mohamed Salah to the Pro League. The top four clubs in the league, owned by the Public Investment Fund (PIF), have been able to secure these signings with the financial backing and support of the Saudi state. The influx of talent has drawn interest from broadcasters worldwide, but the spending spree has also raised concerns about sportswashing and the human rights situation in Saudi Arabia. While some of the biggest names like Messi and Salah were not acquired, the Pro League's ambition to become a top destination for football is evident.

via CBS Sports|
#pro-league#saudi-arabian-football#sports
sports2 years ago

PWHPA Ownership Acquires PHF, Uniting Women's Hockey for New Pro League in 2024

The Professional Women's Hockey Players Association (PWHPA)-affiliated Billie Jean King Enterprises and Mark Walter Group have acquired the Premier Hockey Federation (PHF) and will launch a new professional women's hockey league in January 2024. The acquisition effectively ends the PHF as it currently exists, and players from both the PHF and PWHPA will play together under the new ownership. The new league will consist of six teams, potentially leading to the end of at least one existing PHF franchise. Existing PHF contracts have been voided, leaving many players without financial security or a place to play. The introduction of PWHPA players may leave talented players on the outside, and there are concerns about the league's policies towards transgender athletes. The merger has caused uncertainty and shock within the women's hockey community.

via Russian Machine Never Breaks|
#acquisition#phf#pro-league
sports2 years ago

Saudi Arabia's PIF leads major shake-up in sports clubs privatization and funding.

The Saudi Arabia ministry of sport has announced that the country's Public Investment Fund (PIF) will take control of four teams in the Saudi Pro League, including Al Ahli, Al Ittihad, Al Hilal, and Al Nassr. PIF will control 75% of the four SPL teams, with the other 25% controlled by a non-profit organization. The move is part of the country's 'Vision 2030' project, which aims to foster investment opportunities and an attractive investment environment in the sports sector, promote professionalism, governance, and financial sustainability in sports clubs, and enhance clubs' competitiveness and infrastructure.

via The Athletic|
#al-ahli#al-hilal#pro-league