Prior to Playing at Cristiano Ronaldo’s Al Nassr’s Home Turf, Real Madrid Partners Up With Saudi Arabian Bank

Published 10/26/2023, 6:30 AM EDT

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It’s rather widely accepted now that Cristiano Ronaldo has put Al Nassr and Saudi Arabian soccer on the world map. Ronaldo’s $500 million transfer in January 2023 to Al Nassr was followed by a huge influx of some of Europe’s top players to the Gulf nation, but the Saudi league’s promoters haven’t stopped there. As per recent reports, Ronaldo’s former club Real Madrid has announced a new deal with a Saudi Arabian entity.

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This comes shortly after news that Al Nassr will host the playoffs of the Spanish Super Cup at their home stadium, namely the Al-Awwal Park. These recent developments come on the back of Al Nassr’s 4-3 win over Al Duhail in the AFC Champions League as Ronaldo netted a brace with two sumptuous strikes with his left foot. But now, according to the latest reports, Ronaldo’s ex-club Real Madrid is set to partner with a Saudi Arabian bank.

Cristiano Ronaldo’s former club partner with Saudi Arabian bank

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Cristiano Ronaldo’s ex-employers Real Madrid have reached a partnership agreement with SAIB i.e. The Saudi Investment Bank. It is different from the PIF, the Public Investment Fund,  Saudi Arabia’s sovereign investment fund. As per the latest reports, this partnership has been made to “introduce unique customer experiences” and to increase the bank’s customer base in Saudi Arabia. This also includes the Spanish club’s fan base in the Middle East.

This strategic partnership between Real Madrid and the SAIB comes after the news that Al Nassr will host the Spanish Super Cup shortly in the coming months.

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Cristiano Ronaldo’s Al Nassr to host the Spanish Super Cup in January 2024

As per earlier reports, Cristiano Ronaldo’s current club Al Nassr will host the Spanish Super Cup in January 2024. Real Madrid will play against their cross-town rivals Atletico Madrid in their semi-final clash on 11th January, while Barcelona will go head-to-head against Osasuna in the other semi-final on 10th January. The final of the Spanish Super Cup will then take place on 14th January at the Al-Awwal Park stadium.

via Reuters

Another exciting ramification is that Ronaldo could be present in the stands to cheer for his former club Real Madrid as they aim to win the trophy in Saudi Arabia. However, at the moment, Ronaldo will be focused on Al Nassr as the SPL club aims to win some trophies as they are currently challenging on all fronts domestically and in Asia.

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Written by:

Gaurav Krishnan

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Gaurav is a soccer writer at EssentiallySports and is a seasoned sports journalist with an impressive portfolio. Before joining the EssentiallySports team, he made significant contributions to platforms such as Caught Offside (UK) and Sportskeeda (IN). His experience in soccer journalism allows him to delve deeply into the nuances of the sport, uncovering the stories that make soccer more than just a game—a culture, a passion, a way of life.
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Edited by:

Sreeda U M

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