Saudi Arabia wants to continue its investment in tennis by buying the prestigious Miami or Madrid events.
Saudi Arabia is pushing to purchase two of the most prestigious tournaments in professional tennis, with representatives of the country’s investment funds making recent pitches to take over events in Miami or Madrid, according to four people with knowledge of the discussions. The tournaments are owned by IMG, the sports and entertainment conglomerate that is part of Endeavor, the sprawling representation and live event business.
Also, only in recent years has the ruling royal family granted rights to women — such as driving a car — that are basic in Western countries. Advertisement Nevertheless, during the summer, Saudi Arabia was a leading candidate to become the long-term host of the season-ending WTA Tour Finals. In September, The WTA Tour signed a one-year agreement with Cancun, Mexico, which is currently hosting the event, to put off the decision on a long-term destination until later this year.
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