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Saudi Arabia and Public Investment Fund Reveal Innovative Stadium Design for 2034 World Cup
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Saudi Arabia Unveils Plans for a High-Tech Stadium on a 200-Meter Cliff Near Riyadh for the 2034 World Cup, Reports Graham Dunbar of AP.
The 45,000-seat venue will be named Prince Mohammed bin Salman Stadium for the crown prince of the "oil rich kingdom that wants to become the major player in world sports over the next decade.”
The (Qiddiya) Investment Company in a statement said that the design has a retractable roof and field, plus an LED wall with hundreds of meters (yards) of screens to create an immersive experience for fans.
The stadium is a centerpiece of the (Qiddiya City project) that aims to create an - entertainment, gaming and sports hub 45 kilometers (30 miles) from downtown Riyadh, the Saudi capital.
Dunbar noted the QIC is wholly owned by the Public Investment Fund, which is chaired by the crown prince.
It manages about $700B in Saudi sovereign wealth and includes investments in the LIV Golf project and English Premier League club Newcastle.
The QIC said that the new stadium is “intended to become the home venue of Al-Nassr and Al-Hilal,” the Riyadh clubs who last year signed Cristiano Ronaldo and Neymar, respectively.
Saudi Arabia is the “only bidder to host the men’s World Cup in 2034,” with FIFA set to confirm its pick late this year in a confirmation vote by more than 200 national soccer federations
Source: sportsbusinessjournal
