In addition to the large investments in football, the investment fund of Saudi Arabia (PIF) also wants to enter world tennis, and it already has a good plan for that.
In addition to investing one billion dollars, Saudi Arabia wants to organize a Masters tournament that would be held in the first week of the year. Gaudenzi accepts the offer, but against it is the executive director of the Tennis Association of Australia, Craig Tiley, who believes that it would affect the United Cup, but also the status of the Grand Slam in Melbourne.
There is currently a conflict between the two influential factors in world tennis, but considering the financial power of the Saudis, the day when all differences are ironed out is probably not far off. Last month, an agreement was signed with PIF, according to which he became a sponsor of the ATP list, and many see this as just the beginning of cooperation and opening the doors for billionaires from the Middle East. The Saudis have already organized several exhibition matches with rich cash prizes, in which some of the world’s best tennis players and legends of this sport participated.
