Why It Matters: Saudi Arabia continues to expand its footprint in sports.
The comments from King and Simon were the strongest signal yet that Saudi Arabia is expanding and accelerating its efforts to become a part of not just men’s tennis but also women’s, among other sports like soccer, Formula 1 and golf. The Saudi wealth fund’s LIV Golf circuit recently agreed to a merger with golf’s PGA Tour after an acrimonious rivalry that included litigation and the loss of a handful of the tour’s biggest stars to the upstart league.
Looking to avoid that scenario and always on the hunt for new investors, tennis executives have spoken openly of their ongoing discussions with Saudi officials about holding tournaments there as soon as this year. Saudi Arabia is bidding to become the host of the Next Gen Finals, a men’s event for 21-and-under players scheduled for December. Saudi Arabia’s bid includes the option of holding a women’s Next Gen event there as well.
Simon traveled to Riyadh in February with other WTA executives and players for meetings with Saudi officials.
Background: Players have expressed concern for their safety.
The issue is especially complicated for the women’s tennis tour in part because there are a number of openly gay players, including Daria Kasatkina…