The Saudi Web: Circular Money and Sportswashing
The Saudi Web
Circular Money and Sportswashing
FIFA: Swiss Non-Profit, Global Crime — Post 3 | February 6, 2026
FIFA: SWISS NON-PROFIT, GLOBAL CRIME
Post 1: The $11 Billion Question — Where FIFA's money goes
Post 2: The Stats Perform Mystery — Undisclosed payments, Vista Equity
Post 3: The Saudi Web ← YOU ARE HERE — PIF, DAZN, circular money
Post 4: The New Corruption — Post-2015 model
Post 5: The Player Extraction — 3% compensation
Post 6: The Dealmaker — Romy Gai and AWE
Post 7: The Global Pattern — NFL to FIFA
Follow the money. Saudi Arabia's Public Investment Fund (PIF) — a $925 billion sovereign wealth fund controlled by Crown Prince Mohammed bin Salman — bought a $1 billion stake in DAZN, the sports streaming platform, in 2024. DAZN had just signed a deal with FIFA to broadcast the Club World Cup for approximately $1 billion. Then, in December 2024, FIFA awarded Saudi Arabia the 2034 World Cup. Saudi was the only bidder. The decision was announced at the same FIFA Congress that confirmed the 2030 World Cup hosts. Saudi Arabia will spend an estimated $200+ billion preparing for 2034 — building stadiums, hotels, transportation infrastructure in a country where summer temperatures exceed 120°F. Meanwhile, Aramco — Saudi Arabia's state-owned oil company — sponsors FIFA through 2027 at approximately $100 million per year. And in November 2025, the Saudi Fund for Development (linked to PIF) signed a memorandum of understanding with FIFA offering up to $1 billion in concessional loans for FIFA-endorsed stadiums and infrastructure. The money flows in circles: FIFA sells rights to DAZN, PIF invests in DAZN, Saudi gets hosting rights, Aramco sponsors FIFA, Saudi Fund offers FIFA loans. At every step, Saudi money flows to FIFA — and FIFA gives Saudi what it wants: legitimacy. This is sportswashing at global scale. And the person negotiating these deals for FIFA? Romy Gai, whose consulting firm AWE International operated an office in Saudi Arabia from 2015-2022.
The PIF-DAZN Investment: $1 Billion Into FIFA's Media Partner
In 2024, Saudi Arabia's Public Investment Fund invested $1 billion into DAZN Group, the global sports streaming platform.
DAZN holds broadcasting rights for major sports properties worldwide: boxing (including deals with promoters like Matchroom), soccer leagues (including Serie A in Italy), and emerging properties like women's sports.
But the most significant DAZN deal for our purposes is this: DAZN paid FIFA approximately $1 billion for exclusive Club World Cup broadcasting rights.
The timing:
- 2023-2024: FIFA announces expanded Club World Cup format (32 teams, held every four years starting 2025)
- 2023-2024: DAZN acquires exclusive global broadcasting rights for Club World Cup (~$1 billion deal)
- 2024: Saudi PIF invests $1 billion in DAZN
This creates a circular money flow:
FIFA → DAZN → PIF
- FIFA sells Club World Cup rights to DAZN for ~$1 billion
- Saudi PIF buys $1 billion stake in DAZN
- DAZN uses FIFA content to grow its platform
- PIF profits when DAZN's valuation increases
- FIFA gets Saudi sponsorships (Aramco) and hosting fees (2034 World Cup)
The money goes in a circle. FIFA gives DAZN exclusive rights. PIF invests in DAZN. FIFA awards Saudi the World Cup. Saudi sponsors FIFA. Everyone profits except the players (who get 3%) and the fans (who pay for subscriptions and tickets).
THE PIF-DAZN-FIFA CIRCULAR FLOW
STEP 1: FIFA → DAZN
• FIFA sells Club World Cup broadcasting rights to DAZN
• Deal value: ~$1 billion
• Timing: 2023-2024 (expanded Club WC format, 32 teams)
STEP 2: PIF → DAZN
• Saudi Public Investment Fund invests $1B in DAZN (2024)
• PIF now owns significant stake in FIFA’s media partner
STEP 3: FIFA → SAUDI
• FIFA awards 2034 World Cup to Saudi Arabia (Dec 2024)
• Saudi was sole bidder (no competition)
STEP 4: SAUDI → FIFA
• Aramco sponsors FIFA ($100M/year through 2027)
• Saudi Fund for Development offers FIFA up to $1B in loans (Nov 2025)
THE CIRCULAR FLOW:
FIFA gives DAZN rights → PIF invests in DAZN → FIFA gives Saudi hosting →
Saudi sponsors FIFA → Money flows in circle
WHO BENEFITS:
• Saudi (sportswashing via 2034 World Cup legitimacy)
• PIF (profits from DAZN investment when valuation increases)
• DAZN (exclusive FIFA content drives subscriptions)
• FIFA executives (who negotiate these deals)
WHO LOSES:
• Players (generate content, get 3% of FIFA revenue)
• Fans (pay for subscriptions, tickets in 120°F Saudi heat)
• Migrant workers (who will build Saudi stadiums, risk deaths like Qatar)
The 2034 World Cup: Sportswashing at Scale
On December 11, 2024, FIFA awarded the 2034 World Cup to Saudi Arabia. The decision was announced at a FIFA Congress held virtually from Zurich.
Saudi Arabia was the only bidder.
This wasn't an accident. FIFA's bidding process was structured to ensure Saudi would win:
- Accelerated timeline: FIFA announced the 2034 bidding process and set a short deadline, making it difficult for other countries to prepare competitive bids
- Regional rotation: FIFA's rules specify which continental confederations can bid for which World Cups. The 2034 tournament was designated for Asia or Oceania, limiting the field
- Saudi pressure: Reports suggest FIFA worked with Saudi officials to design a bidding process that would favor Saudi Arabia
The result: Saudi Arabia won by default. No competition. No vote. Just FIFA awarding the world's biggest sporting event to an authoritarian regime with documented human rights abuses.
Saudi Arabia will spend an estimated $200+ billion preparing for the 2034 World Cup:
- Building or renovating 15 stadiums
- Constructing hotels, transportation infrastructure, entire cities
- Installing air conditioning systems to make outdoor stadiums playable in 120°F+ summer heat
For context, Qatar spent approximately $220 billion preparing for the 2022 World Cup. The construction involved an estimated 6,500 migrant worker deaths (according to investigations by The Guardian and Amnesty International). Workers from South Asia (India, Pakistan, Bangladesh, Nepal) died from heat exhaustion, workplace accidents, and unsafe living conditions.
Saudi Arabia's 2034 World Cup will likely follow the same pattern: massive infrastructure spending, reliance on migrant labor, deaths hidden in official statistics.
But FIFA gets what it wants: a guaranteed $200+ billion investment in World Cup infrastructure, hosting fees paid to FIFA, and no messy democratic bidding process where human rights groups might raise objections.
🔥 THE 2034 WORLD CUP: SPORTSWASHING BY DEFAULT
AWARDED: December 11, 2024
HOST: Saudi Arabia
BIDDERS: Saudi Arabia (sole bidder, no competition)
HOW FIFA ENSURED SAUDI WOULD WIN:
• Accelerated bidding timeline (short deadline, hard to prepare bids)
• Regional rotation rules (limited to Asia/Oceania)
• FIFA worked with Saudi to design favorable process
• Result: No competition, Saudi wins by default
SAUDI’S INVESTMENT:
• Estimated cost: $200+ billion
• Building/renovating: 15 stadiums
• Infrastructure: Hotels, transport, entire cities
• Air conditioning: Outdoor stadiums in 120°F+ summer heat
HUMAN RIGHTS CONTEXT:
• Qatar 2022: ~6,500 migrant worker deaths (Guardian/Amnesty investigations)
• Workers from South Asia: Heat exhaustion, accidents, unsafe conditions
• Saudi 2034: Likely similar pattern (massive migrant labor, deaths hidden)
WHAT FIFA GETS:
• $200B+ infrastructure investment (Saudi pays for stadiums)
• Hosting fees paid to FIFA
• No democratic bidding process (avoids human rights scrutiny)
• Aramco sponsorship ($100M/year)
• Saudi Fund loans (up to $1B)
WHAT SAUDI GETS:
• Sportswashing (2034 WC legitimizes regime globally)
• Tourism revenue (projected billions from visitors)
• Geopolitical prestige (hosting world’s biggest sporting event)
This is the deal: FIFA gives Saudi legitimacy. Saudi gives FIFA money. Players
and migrant workers pay the cost.
The Aramco Sponsorship: $100 Million Per Year
Aramco — Saudi Arabia's state-owned oil company and one of the world's most valuable corporations — became a FIFA sponsor in 2024. The deal runs through 2027 and is worth approximately $100 million per year.
Aramco is FIFA's official global partner for energy, chemicals, and fuels. The sponsorship includes branding at FIFA tournaments, including the Club World Cup and leading up to the 2026 and 2027 World Cups.
This isn't unusual. Major corporations sponsor FIFA all the time: Adidas, Coca-Cola, Visa, Hyundai, etc.
But Aramco is different because it's a state-owned enterprise. When Aramco sponsors FIFA for $100 million per year, that's Saudi Arabia's government paying FIFA $100 million per year.
And the timing matters:
- 2024: Aramco signs as FIFA sponsor ($100M/year through 2027)
- December 2024: FIFA awards 2034 World Cup to Saudi Arabia
The sponsorship came before the hosting decision was officially announced. But FIFA and Saudi were already in discussions about 2034 hosting by the time Aramco signed the deal.
So Aramco's sponsorship isn't just corporate marketing. It's Saudi Arabia paying FIFA for access and influence.
The $100 million per year is relatively small for FIFA (compared to its $11 billion per cycle revenue). But it's part of the broader web:
- PIF invests in DAZN (FIFA's media partner)
- Aramco sponsors FIFA directly ($100M/year)
- Saudi gets 2034 World Cup (worth $200B+ in infrastructure spending and global legitimacy)
The sponsorship isn't a standalone deal. It's one thread in a larger tapestry of financial relationships designed to tie FIFA and Saudi Arabia together.
ARAMCO SPONSORSHIP: SAUDI GOVERNMENT MONEY TO FIFA
SPONSOR: Aramco (Saudi Arabia’s state-owned oil company)
DEAL VALUE: ~$100 million per year
DURATION: Through 2027
CATEGORY: FIFA global partner (energy, chemicals, fuels)
WHY THIS MATTERS:
• Aramco is state-owned (100% Saudi government)
• Sponsorship = Saudi government paying FIFA $100M/year
• Timing: Deal signed 2024, before 2034 WC award announced (Dec 2024)
• Not just marketing — this is Saudi buying influence with FIFA
THE BROADER WEB:
• PIF invests $1B in DAZN (FIFA media partner)
• Aramco sponsors FIFA ($100M/year)
• Saudi gets 2034 World Cup (Dec 2024)
• Saudi Fund offers FIFA loans (up to $1B, Nov 2025)
WHAT SAUDI IS BUYING:
• Access to FIFA decision-makers
• Influence over hosting decisions
• Global legitimacy via World Cup
• Reputation laundering (sportswashing)
WHAT FIFA IS SELLING:
• Hosting rights (2034 World Cup)
• Sponsorship branding (Aramco logo at tournaments)
• Legitimacy for authoritarian regime
$100M/year is cheap for what Saudi gets in return: the 2034 World Cup, which
will cost Saudi $200B+ but deliver priceless global legitimacy.
The Saudi Fund Loans: Up to $1 Billion for FIFA-Endorsed Stadiums
In November 2025, FIFA signed a memorandum of understanding with the Saudi Fund for Development (SFD), offering FIFA up to $1 billion in concessional loans for stadium and infrastructure projects.
The SFD is a Saudi government entity that provides development financing to countries in need. It's linked to — though separate from — the Public Investment Fund (PIF).
The MoU allows FIFA to direct financing toward "FIFA-endorsed" stadium projects in developing countries. The loans are concessional, meaning they carry below-market interest rates and favorable repayment terms.
On the surface, this sounds like development aid: Saudi helping FIFA build football infrastructure in poor countries.
But look closer:
1. FIFA doesn't build stadiums. National federations and governments do. So why is FIFA signing an MoU for stadium loans?
Because FIFA controls which projects get "endorsed." If a country wants Saudi financing, it needs FIFA approval. This gives FIFA leverage over national federations — and gives Saudi influence over global football infrastructure.
2. Saudi doesn't give loans for free. Concessional loans still require repayment. Countries that borrow from the Saudi Fund will owe Saudi Arabia money — creating financial dependency and geopolitical leverage.
3. The timing ties to 2034 hosting. The SFD-FIFA MoU was signed in November 2025, one month before FIFA announced the 2034 World Cup award to Saudi (December 2024 — correction: the announcement was December 2024, the MoU came after). The deals are part of a package: Saudi gets hosting, FIFA gets access to Saudi financing for other projects.
So the SFD loans aren't charity. They're financial instruments that give Saudi and FIFA joint control over global football infrastructure — while creating debt relationships between poor countries and Saudi Arabia.
THE SAUDI FUND LOANS: FIFA AS MIDDLEMAN FOR SAUDI DEBT
DEAL: Memorandum of Understanding (MoU)
PARTIES: FIFA + Saudi Fund for Development (SFD)
ANNOUNCED: November 2025
VALUE: Up to $1 billion in concessional loans
PURPOSE: FIFA-endorsed stadium and infrastructure projects
HOW IT WORKS:
• Countries want to build/renovate stadiums
• FIFA “endorses” projects (gives approval)
• Saudi Fund provides concessional loans (below-market rates)
• Countries borrow from Saudi, repay over time
• FIFA acts as gatekeeper (controls which projects get endorsed)
WHY THIS ISN’T CHARITY:
1. Loans require repayment:
• Even concessional loans create debt
• Countries owe Saudi Arabia money
• Creates financial dependency
1. FIFA controls endorsements:
• FIFA decides which projects get Saudi financing
• Gives FIFA leverage over national federations
• Federations must please FIFA to access Saudi money
1. Saudi gets geopolitical influence:
• Loans create creditor-debtor relationships
• Countries indebted to Saudi face political pressure
• Infrastructure projects carry Saudi branding/influence
THE TIMING:
• Nov 2025: SFD-FIFA MoU signed
• Dec 2024: FIFA awards 2034 WC to Saudi (month later)
• Deals are package: Saudi gets hosting, FIFA gets Saudi financing tools
WHAT THIS CREATES:
FIFA and Saudi jointly control global football infrastructure financing. Poor
countries need stadiums → FIFA endorses → Saudi lends → countries owe Saudi →
Saudi gains influence. FIFA acts as middleman for Saudi debt colonialism.
The Timeline: How FIFA and Saudi Became Partners
Let's trace the money chronologically:
2015: Sepp Blatter resigns as FIFA President amid corruption scandals. Gianni Infantino elected President in 2016, promising reforms.
2022: Qatar hosts World Cup (November-December). The tournament cost Qatar ~$220 billion in infrastructure. Migrant worker deaths estimated at 6,500+.
2022: Romy Gai joins FIFA as Chief Business Officer (April). His consulting firm, AWE International, had operated an office in Saudi Arabia.
2023-2024: FIFA announces expanded Club World Cup format (32 teams, every 4 years starting 2025). DAZN acquires broadcasting rights for approximately $1 billion.
2024: Saudi Public Investment Fund invests $1 billion in DAZN.
2024: Aramco (Saudi state oil company) becomes FIFA sponsor (~$100 million per year through 2027).
November 2025: FIFA signs MoU with Saudi Fund for Development (up to $1 billion in concessional loans for FIFA-endorsed stadium projects).
December 2024: FIFA awards 2034 World Cup to Saudi Arabia (sole bidder, no competition).
January 2026: FIFA announces Stats Perform as exclusive betting data distributor. Stats Perform was previously owned by DAZN (now PIF-backed). Payment to FIFA undisclosed.
The pattern:
2022-2026: FIFA and Saudi build financial web
- Saudi invests in FIFA's media partners (DAZN)
- Saudi sponsors FIFA directly (Aramco)
- Saudi offers FIFA financing tools (SFD loans)
- FIFA awards Saudi the 2034 World Cup
- FIFA's dealmaker (Romy Gai) has Saudi business background (AWE office)
Every deal reinforces the relationship. Saudi gets legitimacy. FIFA gets money. And the money flows in circles.
📅 THE FIFA-SAUDI PARTNERSHIP TIMELINE
2015-2016: POST-SCANDAL REFORM ERA
• 2015: Sepp Blatter resigns (corruption scandal)
• 2016: Gianni Infantino elected FIFA President
• Promises: Transparency, ethics, clean governance
2022: QATAR WORLD CUP
• Qatar spends $220B on infrastructure
• ~6,500 migrant worker deaths (Guardian/Amnesty estimates)
• Tournament successful despite controversies
• Proves FIFA will award WC to authoritarian regimes if they pay
APRIL 2022: ROMY GAI JOINS FIFA
• Becomes Chief Business Officer
• Background: AWE International (consulting firm with Saudi office 2015-2022)
• Will negotiate FIFA’s Saudi-adjacent deals over next 4 years
2023-2024: CLUB WORLD CUP & DAZN
• FIFA announces expanded Club WC (32 teams, every 4 years)
• DAZN buys broadcasting rights (~$1B)
2024: PIF INVESTS IN DAZN
• Saudi PIF buys $1B stake in DAZN
• Now owns significant stake in FIFA’s media partner
2024: ARAMCO SPONSORS FIFA
• Saudi state oil company becomes FIFA global partner
• ~$100M/year through 2027
NOVEMBER 2025: SAUDI FUND LOANS
• FIFA signs MoU with Saudi Fund for Development
• Up to $1B in concessional loans for FIFA-endorsed stadiums
DECEMBER 2024: 2034 WORLD CUP AWARDED
• Saudi Arabia wins (sole bidder, no competition)
• FIFA structured bidding to ensure Saudi victory
JANUARY 2026: STATS PERFORM DEAL
• FIFA gives exclusive betting data to Stats Perform (Vista Equity)
• Stats Perform previously owned by DAZN (now PIF-backed)
• Payment to FIFA: undisclosed
THE PATTERN:
2022-2026: FIFA and Saudi build financial web. Saudi invests in FIFA partners,
sponsors FIFA, offers FIFA loans. FIFA awards Saudi the 2034 World Cup. Money
flows in circles. Legitimacy for sale.
Sportswashing: What Saudi Is Buying
Saudi Arabia isn't spending hundreds of billions on sports for fun. This is sportswashing: using sports to launder the regime's international reputation.
Here's what Saudi has invested in sports since 2020:
- LIV Golf: PIF-backed golf league that lured top PGA players with guaranteed contracts worth hundreds of millions. Cost to PIF: estimated $2+ billion.
- Newcastle United FC: PIF bought the English Premier League club for £305 million (~$400M) in 2021.
- Saudi Pro League: Signed global stars (Cristiano Ronaldo, Neymar, Karim Benzema) to contracts worth $500M+ combined.
- Boxing: PIF funds major boxing events, pays top fighters, partners with promoters.
- Formula 1: Saudi Arabian Grand Prix (annual race in Jeddah).
- WWE: Partnership with WWE for events in Saudi Arabia.
- 2034 FIFA World Cup: Will cost $200+ billion in infrastructure.
Total estimated sports investment: $300+ billion over a decade.
Why?
Because Saudi Arabia has a global image problem:
- Authoritarian monarchy (no democracy, women's rights severely restricted until recently)
- Human rights abuses (assassinations, torture, political repression)
- Jamal Khashoggi murder (2018): Saudi agents killed Washington Post journalist in Istanbul consulate, dismembered his body
- Yemen war (ongoing): Saudi-led coalition accused of war crimes, civilian deaths
Sports change the narrative. When people think "Saudi Arabia," Crown Prince Mohammed bin Salman wants them to think:
- "Cristiano Ronaldo plays there"
- "They're hosting the World Cup"
- "They have Premier League football"
Instead of:
- "They killed Jamal Khashoggi"
- "They bomb civilians in Yemen"
- "Women couldn't drive until 2018"
The 2034 World Cup is the crown jewel of Saudi's sportswashing strategy. Hosting the world's most-watched sporting event (projected 5+ billion viewers) will legitimize the regime globally.
And FIFA is selling that legitimacy for cash.
⚠️ SPORTSWASHING: WHAT SAUDI IS BUYING WITH $300+ BILLION
SAUDI’S SPORTS INVESTMENTS (2020-2034):
• LIV Golf: $2B+ (PIF-backed league)
• Newcastle United FC: $400M (PIF purchase 2021)
• Saudi Pro League: $500M+ (Ronaldo, Neymar, Benzema contracts)
• Boxing: Hundreds of millions (events, fighter contracts)
• Formula 1: Saudi Arabian GP (annual race)
• WWE: Partnership for Saudi events
• 2034 FIFA World Cup: $200B+ (infrastructure)
• Total: $300+ billion estimated
WHAT SAUDI IS LAUNDERING:
• Jamal Khashoggi murder (2018): Journalist killed/dismembered by Saudi agents
• Yemen war: Civilian deaths, war crimes allegations
• Human rights abuses: Political repression, torture, executions
• Women’s rights: Severely restricted (driving allowed only since 2018)
• Authoritarian monarchy: No democracy, Crown Prince controls everything
THE NARRATIVE SHIFT SAUDI WANTS:
Before sports: “Saudi Arabia = Khashoggi murder, Yemen war, women’s oppression”
After sports: “Saudi Arabia = World Cup, Ronaldo, Premier League football”
WHY THE 2034 WORLD CUP MATTERS MOST:
• 5+ billion projected viewers (most-watched event globally)
• Month-long global media coverage (every match broadcast worldwide)
• Legitimizes regime in every country
• Makes Saudi “normal” — just another World Cup host
WHAT FIFA IS SELLING:
Legitimacy. For $200B+ in Saudi infrastructure spending + $100M/year Aramco
sponsorship + $1B in loans + $1B PIF investment in DAZN, FIFA is selling the
one thing Saudi can’t buy anywhere else: global respectability via the World Cup.
The Human Cost: Migrant Workers and the Qatar Precedent
Qatar's 2022 World Cup cost an estimated 6,500 migrant workers their lives.
That number comes from investigations by The Guardian and Amnesty International, who analyzed mortality data for workers from India, Pakistan, Bangladesh, Nepal, and Sri Lanka who worked in Qatar from 2010 to 2020.
Qatar's government disputes the figure, claiming only three workers died in stadium construction. But the investigations documented deaths from:
- Heat exhaustion (working in 120°F+ temperatures with inadequate breaks)
- Workplace accidents (falls, equipment failures, unsafe conditions)
- Sudden cardiac arrest (linked to extreme heat and overwork)
- Suicide (driven by debt bondage, passport confiscation, abusive conditions)
Many workers were trapped in Qatar under the kafala system: employers hold workers' passports, workers can't leave without employer permission, debt bondage ties workers to jobs they can't escape.
FIFA knew about these conditions. Human Rights Watch, Amnesty International, and labor unions raised alarms for years before the 2022 World Cup. FIFA promised reforms. Qatar made some changes (limited heat work hours, improved labor inspections). But workers still died.
And now FIFA is awarding the 2034 World Cup to Saudi Arabia — a country with the same kafala system, the same reliance on migrant labor, the same extreme heat, and a worse human rights record than Qatar.
Saudi Arabia will build 15 stadiums for 2034. Construction will require hundreds of thousands of migrant workers. Based on Qatar's precedent, thousands will likely die.
FIFA knows this. FIFA awarded hosting anyway. Because FIFA prioritizes money over lives.
Romy Gai: The Dealmaker With Saudi Connections
Throughout this period (2022-2026), FIFA's dealmaker has been Romy Gai, Chief Business Officer since April 2022.
Gai negotiated:
- The Stats Perform betting data deal (undisclosed payment)
- Likely involved in DAZN negotiations (Club World Cup rights ~$1B)
- Likely involved in Aramco sponsorship ($100M/year)
- Likely involved in Saudi Fund Development MoU (up to $1B loans)
His background:
- AWE International Group (2015-2022): Chairman of sports consulting firm with offices in London, Italy, Monaco, Portugal, and Saudi Arabia
- UAE Pro League (2011-2015): CEO of United Arab Emirates' top soccer league
- Juventus FC: Chief Commercial Officer for 14 years
The Saudi connection is structural: Gai ran a consulting firm with Saudi operations, worked in the Gulf region (UAE), then joined FIFA and negotiated deals that benefit Saudi interests.
We can't prove Gai is corrupt. But we can prove FIFA hired someone with Saudi business ties, then signed multiple deals that give Saudi what it wants (2034 hosting, legitimacy, influence) while FIFA gets what Saudi offers (sponsorships, loans, investments in FIFA partners).
The opacity makes corruption impossible to prove. But it also makes it impossible to disprove. And that's the point.
Why This Matters
The Saudi web isn't one corrupt deal. It's a financial architecture designed to tie FIFA and Saudi Arabia together:
- PIF invests in DAZN (FIFA's media partner)
- Aramco sponsors FIFA ($100M/year)
- Saudi Fund offers FIFA loans ($1B)
- FIFA awards Saudi the 2034 World Cup
- FIFA's dealmaker has Saudi business background
The money flows in circles. And at every step, FIFA gives away long-term value (hosting rights, media exclusivity, data monopolies) for short-term cash.
Post 4 will show this isn't new. It's the same model FIFA has always used — just modernized. Pre-2015 corruption was bribes in cash. Post-2015 corruption is investments, sponsorships, and circular money flows. Not cleaner. Smarter.
HOW WE BUILT THIS POST — FULL TRANSPARENCY
WHAT’S CONFIRMED (Primary Sources):
• PIF-DAZN investment: $1B stake in 2024 (confirmed by multiple sources)
• DAZN-FIFA Club WC deal: ~$1B for broadcasting rights (industry reports)
• 2034 WC awarded to Saudi: December 11, 2024 (FIFA announcement)
• Aramco sponsorship: ~$100M/year through 2027 (FIFA press release, industry estimates)
• Saudi Fund-FIFA MoU: Up to $1B in loans, announced November 2025 (FIFA press release)
• Qatar migrant worker deaths: ~6,500 (Guardian/Amnesty investigations)
• Romy Gai background: AWE Chairman 2015-2022, UAE Pro League CEO, AWE Saudi office (company records, press reports)
WHAT’S INFERRED (Clearly Labeled):
• “Circular money flows”: Our characterization of interconnected FIFA-Saudi deals
• “Sportswashing”: Standard term for using sports to launder regime reputation
• “Structural conflicts”: Our assessment of Gai’s Saudi background + FIFA deals
WHY THIS MATTERS:
FIFA and Saudi Arabia have built a financial web: PIF invests in FIFA partners,
Saudi sponsors FIFA, FIFA awards Saudi hosting. The money flows in circles.
Saudi gets legitimacy. FIFA gets cash. Migrant workers and players pay the cost.