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Saudi Arabia is increasing its investments in tennis: the ATP Tour and the Saudi sovereign wealth fund (PIF) have signed a multi-year strategic partnership, as the ATP announced.
The sovereign wealth fund will be the official name sponsor of the ATP rankings and will also be a partner of the ATP tournaments in Indian Wells, Miami, Madrid, Beijing, the ATP Finals in Turin and the Next Gen ATP Finals, taking place in the Saudi region. metropolis Jeddah. “Our strategic partnership with PIF represents a big moment for tennis,” ATP CEO Massimo Calvelli said in the statement.
Practice tournament with Djokovic and Nadal
Saudi Arabia will also host a new exhibition tournament in October featuring Novak Djokovic, Rafael Nadal and three other Grand Slam winners. Nadal was appointed ambassador to the Saudi Tennis Association last month.
Speculation about organizing the WTA Finals in Saudi Arabia has also been a topic of discussion for months during the WTA women’s tour. The WTA says negotiations are also taking place with other possible organizers. (SDA)
Source : Blick
I’m Emma Jack, a news website author at 24 News Reporters. I have been in the industry for over five years and it has been an incredible journey so far. I specialize in sports reporting and am highly knowledgeable about the latest trends and developments in this field.
