sports

Saudi Arabia Sets Course for 2034 World Cup Amid PIF Shift

Saudi Arabia, designated host of the 2034 FIFA World Cup, says it is ready to handle the challenge of 64 teams. The Public Investment Fund is refocusing on sports, emphasizing sustainability and infrastructure after ending support for LIV golf and a planned winter games complex.

Saudi Arabia, named host of the 2034 FIFA World Cup 18 months ago, claims readiness to accommodate 64 national teams. The shift in PIF strategy toward sports includes discarding support for LIV golf and halting a planned artificial ski slope and luxury complex for the 2034 Winter Asian Games.

While the PIF will not divest from football, its new language highlights sustainability, control and infrastructure as growth drivers. The move comes as Saudi football sees new foreign investment, with American Ben Harburg owning top-tier club Al-Kholood. mchezo.co.za