Australian Open tournament director Xingua**, Saudi Arabia may invest $100 million to host a tennis tournament.
Saudi Arabia is an oil giant in the Middle East and has long been considered a wealthy country, but in recent years, the traditional oil producer of the Middle East has not only retained the advantages of local resources, but also vigorously developed the sports industry, with its "trench" general financial resources, opened a new path for the Saudi sports market, and now, such a big deal may also be used in tennis.
Nadal became the face of the Saudi International Tennis Federation.
Recently, according to a tennis journalist, Luigi Gato, Saudi Arabia will hold an Australian Open tournament in January 2025, which is common news, but due to its $100 million prize money and 32 places, it looks very rich.
What does this mean? The total prize money of the ATP is 15 million US dollars, and the top 30 players in the finals, that is, 20 million US dollars, the top five in the first 500 matches, received 1.3 million US dollars, and in the first five games, they received 1.3 million US dollars, and at the Paris Masters, they took out 1.78 million in prize money, which is definitely a new record for Saudi Arabia.
Saudi Open.
As early as 2022, there were rumors that Saudi Arabia spent $200 million to buy the WTA annual finals, but many well-known stars expressed their disagreement with Saudi Arabia to host, and Evert in the United States was no exception.
Previously, there was news from the UK that Saudi Arabia could start the ATP Open in 2025, and now it seems that this rumor has been confirmed, and if this rumor is true, then the Australian Open will be hit hard, and Saudi Arabia is likely to have a new season.
The most important thing is that Saudi Arabia's movements in tennis do not end there, as early as the well-known American tennis journalist Wittem has said that Saudi Arabia is building a Super Open tennis tournament with four Grand Slam tournaments, this tournament includes 10 competitions, and Saudi Arabia is among them, but it is unknown whether this news is true or not.