Cristiano Ronaldo became the biggest signing of Saudi Pro League when he joined Al Nassr. EPA
Cristiano Ronaldo became the biggest signing of Saudi Pro League when he joined Al Nassr. EPA
Cristiano Ronaldo became the biggest signing of Saudi Pro League when he joined Al Nassr. EPA
Cristiano Ronaldo became the biggest signing of Saudi Pro League when he joined Al Nassr. EPA

What changes are being made in Saudi Pro League for 2024/25 season?


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For football in Saudi Arabia, change is the only constant. One of the fastest growing leagues in the world has unveiled plans to take its ambitious football operations to the next level after a stellar season that saw some of the biggest players in the world move to the kingdom.

Football experienced a tectonic shift last term when superstars like Neymar, Cristiano Ronaldo and Karim Benzema became some of the many big names signed by Saudi Arabian clubs following a complete transformation of their domestic setup, which was triggered by Saudi Arabia’s sovereign wealth fund PIF taking control of four of the country’s most prominent clubs.

World governing body Fifa said that clubs from the kingdom were among the five biggest spenders in the international transfer market, splashing out $970 million in 2023 compared to $50.4 million in the previous year.

Now, the league has decided to focus on consolidating its position.

What changes are being made to Saudi football?

One of the main areas of focus this season will be acquiring young talent. According to the guidelines, Saudi clubs are being encouraged to develop homegrown talent and also target promising young internationals.

"By focusing on attracting younger international talent, we aim to provide our youth with the opportunity to learn from the best globally," a Saudi Pro League (SPL) spokesperson was quoted as saying by Reuters.

"This strategic focus on youth players allows us to build long-term success, competitiveness, and sustainability for both the league and the clubs."

The SPL announced that the impetus this season will be mainly on young talent. In a statement, the Saudi league said their player acquisition plan helped reduce "contract termination costs and lower the average age of signed players from 29 to 27.5 years. The SPL aims to further reduce this average in the upcoming season, with a focus on signing players under the age of 21".

Also, the league plans to cut match squads from 30 to 25 players to "minimise the unwanted effect of overly deep benches, giving more opportunities to new players".

Will there still be big signings?

Fans can expect more big names being pursued by Saudi clubs this season. However, the new guidelines mean the SPL is looking to become a lot more competitive and not just a high profile destination for big names in the sport.

Are there any other changes?

Earlier, Saudi football announced a new plan for clubs. The kingdom's ministry of sport launched the latest phase of the 'sports clubs investment and privatisation project' to bring in fresh investment at 14 more clubs.

Six clubs will now be available for investments starting in August - Al Zulfi, Al Nahda, Al Okhdood, Al Ansar, Al Orouba, and Al Kholoud.

After that, eight more clubs - Al Shoalah, Hajar, Al Najmah, Al Riyadh, Al Rawdhah, Jeddah, Al Taraji, and Al Sahel - will be up for privatisation at a later stage.

Up until now, the Saudi PIF has been the main investor in football. However, reports from the kingdom state that the clubs will be available for privatisation to foreign investors as well.

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What is a robo-adviser?

Robo-advisers use an online sign-up process to gauge an investor’s risk tolerance by feeding information such as their age, income, saving goals and investment history into an algorithm, which then assigns them an investment portfolio, ranging from more conservative to higher risk ones.

These portfolios are made up of exchange traded funds (ETFs) with exposure to indices such as US and global equities, fixed-income products like bonds, though exposure to real estate, commodity ETFs or gold is also possible.

Investing in ETFs allows robo-advisers to offer fees far lower than traditional investments, such as actively managed mutual funds bought through a bank or broker. Investors can buy ETFs directly via a brokerage, but with robo-advisers they benefit from investment portfolios matched to their risk tolerance as well as being user friendly.

Many robo-advisers charge what are called wrap fees, meaning there are no additional fees such as subscription or withdrawal fees, success fees or fees for rebalancing.

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COMPANY PROFILE
Name: HyperSpace
 
Started: 2020
 
Founders: Alexander Heller, Rama Allen and Desi Gonzalez
 
Based: Dubai, UAE
 
Sector: Entertainment 
 
Number of staff: 210 
 
Investment raised: $75 million from investors including Galaxy Interactive, Riyadh Season, Sega Ventures and Apis Venture Partners
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Starring: Walton Goggins, Jason Isaacs, Natasha Rothwell

Rating: 4.5/5

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Midfielders: Toshihiro Aoyama, Genki Haraguchi, Gaku Shibasaki, Wataru Endo, Junya Ito, Shoya Nakajima, Takumi Minamino, Hidemasa Morita, Ritsu Doan
Forwards: Yuya Osako, Takuma Asano, Koya Kitagawa

Emergency phone numbers in the UAE

Estijaba – 8001717 –  number to call to request coronavirus testing

Ministry of Health and Prevention – 80011111

Dubai Health Authority – 800342 – The number to book a free video or voice consultation with a doctor or connect to a local health centre

Emirates airline – 600555555

Etihad Airways – 600555666

Ambulance – 998

Knowledge and Human Development Authority – 8005432 ext. 4 for Covid-19 queries

 


 

Ads on social media can 'normalise' drugs

A UK report on youth social media habits commissioned by advocacy group Volteface found a quarter of young people were exposed to illegal drug dealers on social media.

The poll of 2,006 people aged 16-24 assessed their exposure to drug dealers online in a nationally representative survey.

Of those admitting to seeing drugs for sale online, 56 per cent saw them advertised on Snapchat, 55 per cent on Instagram and 47 per cent on Facebook.

Cannabis was the drug most pushed by online dealers, with 63 per cent of survey respondents claiming to have seen adverts on social media for the drug, followed by cocaine (26 per cent) and MDMA/ecstasy, with 24 per cent of people.

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Ingredients
1 tbsp Spirulina powder
1 banana
1 cup unsweetened coconut milk (full fat preferable)
1 tbsp fresh turmeric or turmeric powder
½ cup fresh spinach leaves
½ cup vegan broth
2 crushed ice cubes (optional)

Method
Blend all the ingredients together on high in a high-speed blender until smooth and creamy. 

RESULTS
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THE DETAILS

Director: Milan Jhaveri
Producer: Emmay Entertainment and T-Series
Cast: John Abraham, Manoj Bajpayee
Rating: 2/5

Updated: July 12, 2024, 6:32 AM