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Inter Milan becomes first club to get Saudi investment licence

By Pramod Kumar
Saudi Arabia government official and Inter Milan executives at the licence granting event Inter Milan
A Saudi Arabian government official and Inter Milan executives at the licence granting event

Italy’s Inter Milan has become the first international football club to receive a licence in Saudi Arabia.

The ministry of investment licence will support the club in extending its brand presence in the Middle East and growing its fanbase.

Inter Milan, or Nerazzurri, will bring its expertise and experience as a top-level football club to the country.

“Through promoting talent and sports culture, the Nerazzurri club aims to contribute positively to the country’s future ambitions,” the club said in a statement.

Inter Milan will open several academies across Saudi Arabia to help develop youth and women’s football and some of the the club’s “legends” will get involved in local events.

“Through this licence, the club is committed to creating value for Saudi Arabia by supporting the development of its sporting sector and promoting the involvement of local businesses as part of our global network,” said Inter Milan’s corporate CEO Alessandro Antonello.

Arabic-speaking fans following Inter Milan social media profiles exceed five million, making it the second-largest cluster in the club’s community.

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