The Development of Market Values for First Saudi Football League Clubs
Study from July 2023 to October 2023
Abstract
The market value of the Saudi Football First Division League experienced a significant surge in the 2023-2024 sports season. This study seeks to analyze and compare this increase with major international leagues while exploring the underlying reasons. In addition, the market value growth of the Saudi League is analyzed, particularly focusing on its major clubs, during the period between July 2023 and October 2023. The analysis will involve a comparison with prominent international football leagues, taking into consideration the spending volume during the last summer transfer window. It is concluded that the surge in the financial value of the Saudi League is primarily attributed to the implementation of a new sports policy involving the privatization of sports clubs acquired by the Saudi Investment Fund. Additionally, the increase in the market value is influenced by the notable players contracted by the four privatized clubs.
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