Saudi Arabia Has Spent at Least $1.5bn on ‘Sportswashing’

30 March, 2021 11:42

Saudi Arabia has spent at least $1.5bn on high-profile international sporting events in a bid to bolster its reputation, a new report reveals. The oil-rich nation has invested millions across the sporting world, the report by the human rights organisation Grant Liberty says, from chess championships to golf, tennis and $60m alone on the Saudi Cup, the world’s richest horse-racing event with prize money of $20m.

The report, published next week, also details the Kingdom’s $650m ten-year deal with Formula One, whose world championships begin this Sunday and for the first time will include a race in the port city of Jeddah.

Grant Liberty’s analysis outlines the momentous scale of Saudi Arabia’s investments in what they term “sportswashing,” the practice of investing or hosting sporting events in a bid to obscure the Kingdom’s poor human rights record, and tout itself as a new leading global venue for tourism and events.

Meanwhile, the Kingdom has spent big to secure involvement in global sporting events, part of efforts to present Saudi Arabia as a newly business-friendly, forward-thinking nation. This includes $145m in a three-year deal with the Spanish Football Association, and $15m in appearance fees for a single Saudi International men’s golf tournament. It also includes $33m to host the Saudi Arabian Masters snooker tournament in the Kingdom, and $100m for the boxing match known as “Clash on the Dunes” between Andy Ruiz Jr and Anthony Joshua in 2019.

Saudi Arabia also cut a $500m 10-year deal with World Wrestling Entertainment in 2014, one where female performers were banned from appearing until two years ago.

Grant Liberty compiled reported figures of deals between entities controlled by the Saudi state, such as the organisation Visit Saudi and NEOM, the body overseeing construction of a futuristic $500bn city in the desert, but not individual members of the Saudi royal family, meaning the $1.5bn figure is likely an underestimation of the true scale of the Kingdom’s investments in sports.

Source: Guardian

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