Aramco, FIFA Announce Global Partnership https://ift.tt/jRsV4Jn Aramco, one of the world’s leading integrated energy and chemicals companies, has signed a four-year global partnership with FIFA. The company becomes FIFA’s Major Worldwide Partner exclusive in the energy category, with sponsorship rights for multiple events including the highly anticipated FIFA World Cup 26 and FIFA Women’s World Cup 2027. The agreement, which runs until the end of 2027, builds on a shared commitment to innovation and development, and will combine football’s unique global reach with Aramco’s history of championing innovation and community engagement. Through the partnership Aramco and FIFA intend to leverage the power of football to create impactful social initiatives around the world. Gianni Infantino, FIFA President, said: “We are delighted to welcome Aramco to FIFA’s family of global partners. This partnership will assist FIFA to successfully deliver its flagship tournaments over the next four years and, as is the case with all our commercial agreements, enable us to provide enhanced support to our 211 FIFA member associations across the globe. Aramco has a strong track record of supporting world class events, but also a focus on developing grassroots sport initiatives. We look forward to collaborating with them on a variety of initiatives over the coming years.” Amin H. Nasser, Aramco President & CEO, said: “Through this partnership with FIFA we aim to contribute to football development and harness the power of sport to make an impact around the globe. It reflects our ambition to enable vibrant communities and extends our backing of sport as a platform for growth. “Our existing relationship with the Saudi football team Al-Qadsiah, our support for women’s golf through the Aramco Team Series, and our backing of F1 in Schools each demonstrate the possibilities of such partnerships to create pathways for opportunity, positively impact society and promote development at the grassroots level.” Aramco also intends to work with FIFA to drive innovation, identifying opportunities to deploy the company’s expertise and technologies in the delivery of football events globally. This includes initiatives that aim to provide new and innovative ways for football fans to engage with FIFA’s events. Source link via POTPOURRINEWS https://ift.tt/FRG7DI2 April 25, 2024 at 10:56PM
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Saudi Arabia’s ambition to host the 2034 FIFA World Cup aligns closely with its Vision 2030 objectives, highlighting a transformative investment in the sports sector. Lessons from other nations, such as China’s journey through challenges with match-fixing and doping, underscore the need for a comprehensive approach to sports integrity. By developing robust sports infrastructure paired with proactive anti-corruption measures, Saudi Arabia can ensure transparent and fair practices. Adopting a sports integrity framework, similar to Australia’s, would reinforce governance while prioritizing athlete rights and fostering a culture of ethical excellence. This commitment will not only strengthen Saudi Arabia’s standing in the global sports arena but also mitigate risks, positioning the nation as a leader in sports integrity. #SaudiArabia #sportsintegrity #globalsports
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In a bold move that underscores its growing influence on the global stage, FIFA has inked a landmark sponsorship deal with Bank of America for the highly anticipated FIFA World Cup 26™. This partnership not only marks the first time a global banking institution has secured such a prominent role in the world’s most-watched sporting event, but it also sets a new precedent in the world of sports sponsorships. The agreement, which extends through 2026, positions Bank of America as FIFA's first-ever global sponsor in the banking category. Although the precise financial details remain undisclosed, sources indicate that this is the largest sports investment in the bank's history, reflecting the immense value and global reach of the FIFA World Cup™. This partnership is particularly significant as it represents a turning point for FIFA. Following the 2015 corruption scandal that shook the organisation and led to the departure of former president Sepp Blatter, FIFA has been striving to rebuild its reputation and regain the trust of major corporations. The collaboration with Bank of America, coupled with recent high-profile partnerships like the one with Saudi Arabia’s Aramco, signals a renewed confidence in FIFA’s governance and vision. At the heart of this partnership is a shared commitment between FIFA and Bank of America to leverage the power of football for broader social impact. Key goals include: Supporting the Global Growth of Football: Both entities are dedicated to expanding the sport’s reach and influence worldwide. Community Engagement: The partnership will focus on using football as a tool to engage and uplift communities. Promoting Wellness and Human Connection: With initiatives aimed at improving physical and mental well-being, the collaboration seeks to foster a sense of global unity and connection. Financial Education Initiatives: Bank of America plans to introduce programmes that promote financial literacy, aligning with its broader mission to empower individuals and communities through education. FIFA President Gianni Infantino expressed his enthusiasm for the partnership, highlighting Bank of America’s commitment to global community engagement and the pivotal role it will play in the upcoming tournament. He stated, “This partnership reflects our shared vision of using football as a force for good, uniting people across continents.” Bank of America Chair and CEO Brian Moynihan echoed these sentiments, saying, “Football connects the world like no other sport. The FIFA World Cup 26™ is a tremendous opportunity to celebrate excellence and demonstrate our commitment to our clients, teammates, and the communities we serve both in the U.S. and globally.” The partnership between FIFA and Bank of America is more than just a business deal; it is a testament to the growing recognition of football’s power to inspire, connect, and create positive change. #FIFA #Sponsorship #FootballFinance https://lnkd.in/ezVwka6u
FIFA and Bank of America Forge Historic Partnership for FIFA World Cup 26™ #footballfinance #fifa
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Saudi Arabia's bid for the 2034 FIFA World Cup represents a pivotal moment in its Vision 2030 strategy, aiming to position itself as a global sports hub. However, the Kingdom must heed China's cautionary tale regarding sports integrity, grappling with potential issues like match-fixing and doping. Establishing robust frameworks for transparency and safeguarding athletes' rights is crucial. By learning from past missteps and adopting best practices, Saudi Arabia can enhance its reputation and ensure the success of its ambitious sporting endeavors. #SaudiArabia #sportsintegrity #globalsports
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Brazil to Host 2027 FIFA Women’s World Cup: Brazil has been awarded the honor of hosting the FIFA Women’s World Cup 2027, marking the first time this event will take place in South America. Brazil won the hosting rights with 119 votes, outpacing the joint bid from Belgium, Netherlands, and Germany, which garnered 78 votes. “This is a win for women’s football in South America, and for women’s football everywhere which FIFA works every day to improve and strengthen,” said Ednaldo Rodrigues, President of the Brazilian Football Association (CBF). He expressed confidence in Brazil’s ability to stage an extraordinary tournament, inviting the world to experience the country’s famed hospitality. The 2027 tournament will build on the success of previous editions, including the record-breaking 2023 FIFA Women’s World Cup held in Australia and Aotearoa New Zealand. This event will further elevate the profile of women’s football, contributing to its growth and popularity worldwide. For the first time, a FIFA Congress has voted on the hosts of the FIFA Women’s World Cup, highlighting the growing significance of the women’s game. The Congress saw participation from all 211 FIFA Member Associations. The Congress opened with a warm welcome from Thailand’s Deputy Prime Minister, Suriya Juangroongruangkit, and an address by Nualphan Lamsam (Madame Pang), the first female president of an Asian member association. Their speeches set a tone of progress and inclusivity, resonating with the themes of the Congress. FIFA President Gianni Infantino emphasized FIFA’s commitment to expanding football’s reach and providing more opportunities for competitive play worldwide. He announced new initiatives, including expanded youth tournaments and the proposal of an U-15 football festival to be open to teams from all member associations. “Our duty is to offer more opportunities everywhere in the world, the opportunity to play, dream, be involved and, sometimes, change life,” he stated, highlighting FIFA’s broader mission to foster human development through football. The Congress culminated with the announcement of a comprehensive anti-racism plan. This initiative, to be implemented across all member associations, is structured around five pillars: rules and sanctions, action on the pitch, criminal charges, education, and players’ voices. A poignant video featuring high-profile players making the cross-arm gesture—proposed as a universal signal against racism during games—was shown, emphasizing the global fight against racism in f ootball. Infantino revealed that the anti-racism strategy had been developed in consultation with players worldwide, ensuring that it is informed by their experiences and insights. “Our duty is to offer more opportunities everywhere in the world, the opportunity to play, dream, be involved and, sometimes, change life,” he concluded, reinforcing FIFA’s commitment to both the sport and…
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𝐒𝐚𝐮𝐝𝐢 𝐀𝐫𝐚𝐛𝐢𝐚 𝐚𝐧𝐝 𝐭𝐡𝐞 𝟐𝟎𝟑𝟒 𝐖𝐨𝐫𝐥𝐝 𝐂𝐮𝐩: 𝐀 𝐁𝐨𝐥𝐝 𝐍𝐞𝐰 𝐄𝐫𝐚 🌍⚽ When Saudi Arabia first set its sights on football, many wondered how far this vision could go. Today, with the announcement that the 2034 FIFA #WorldCup will take place in #SaudiArabia, the answer is clear: they’re not just participating—they’re #revolutionizing. (Here’s why this matters to global football and business alike 👇) 1️⃣ 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐜 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭𝐬: Saudi Arabia has reshaped football through transformative investments—world-class players, state-of-the-art infrastructure, and initiatives like the Saudi Pro League. 2️⃣ 𝐀 𝐆𝐥𝐨𝐛𝐚𝐥 𝐒𝐭𝐚𝐠𝐞: This milestone represents a moment for Saudi Arabia to enhance tourism, culture, and international partnerships through the universal language of football. 3️⃣𝐀 𝐧𝐞𝐰 𝐦𝐚𝐫𝐤𝐞𝐭 𝐟𝐨𝐫 𝐠𝐥𝐨𝐛𝐚𝐥 𝐛𝐫𝐚𝐧𝐝𝐬: For brand partnerships, there are opportunities to broaden your company's market, but the potential backlash regarding the human rights breach in Saudi Arabia will also be an impactful variable to take into account... ❓ What do you think will be the long-term impact of this announcement on football and global sports? Share your thoughts! Read more here: https://lnkd.in/dBUnYH-N
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𝗥𝗲- 𝗡𝗮𝘃𝗶𝗴𝗮𝘁𝗶𝗻𝗴 𝘁𝗵𝗲 𝗖𝗵𝗮𝗹𝗹𝗲𝗻𝗴𝗲𝘀 𝗼𝗳 𝗠𝘂𝗹𝘁𝗶-𝗢𝘄𝗻𝗲𝗿𝘀𝗵𝗶𝗽 𝗶𝗻 𝗟𝗶𝗴𝗵𝘁 𝗼𝗳 𝘁𝗵𝗲 𝗡𝗲𝘄 𝗖𝗹𝘂𝗯 𝗪𝗼𝗿𝗹𝗱 𝗖𝘂𝗽 𝗥𝗲𝗴𝘂𝗹𝗮𝘁𝗶𝗼𝗻𝘀 𝟮𝟬𝟮𝟱 The increasing prevalence of multi-ownership structures in global football is reshaping the dynamics of club management, competition, and governance. As investors and groups acquire stakes in multiple clubs across different leagues, the sport faces new challenges regarding conflict of interest and maintaining competitive integrity. A critical development in this regard is the recent Club World Cup regulations 2025, specifically Article 10, which imposes stricter guidelines on clubs with overlapping ownership. The framework includes the following key points: - 𝙉𝙤 𝘿𝙪𝙖𝙡 𝙊𝙬𝙣𝙚𝙧𝙨𝙝𝙞𝙥 𝙤𝙧 𝘾𝙤𝙣𝙩𝙧𝙤𝙡: No club may hold shares, have control, or exert influence over another participating club. - 𝙈𝙖𝙣𝙖𝙜𝙚𝙢𝙚𝙣𝙩 𝙖𝙣𝙙 𝘼𝙙𝙢𝙞𝙣𝙞𝙨𝙩𝙧𝙖𝙩𝙞𝙤𝙣 𝙍𝙚𝙨𝙩𝙧𝙞𝙘𝙩𝙞𝙤𝙣𝙨: No individual or entity may simultaneously be involved in the management, administration, or sporting performance of more than one club. - 𝙁𝙄𝙁𝘼 𝘾𝙤𝙢𝙥𝙡𝙞𝙖𝙣𝙘𝙚 𝘼𝙨𝙨𝙚𝙨𝙨𝙢𝙚𝙣𝙩: FIFA will assess compliance, and in cases of non-compliance, only one of the affected clubs may be admitted to the competition. - 𝘿𝙞𝙨𝙘𝙞𝙥𝙡𝙞𝙣𝙖𝙧𝙮 𝙊𝙫𝙚𝙧𝙨𝙞𝙜𝙝𝙩: The FIFA Disciplinary Committee has the authority to review and decide on eligibility issues based on these criteria. These regulations underscore the need for careful management of multi-ownership structures within football. Clubs must adapt to these rules to ensure compliance, as failure to do so could jeopardize their participation in prestigious competitions like the Club World Cup. https://lnkd.in/dpJhFZ6J #MuñozAriasSportsLawyers #sportslawyers #FIFA #FIFAClubWorldCup2025
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Congratulations to Saudi Arabia for securing the 2034 FIFA World Cup hosting rights! This historic achievement showcases the Kingdom's growing global influence and commitment to #Vision_2030. Yet while this should be celebrated as a milestone for global football, the headlines tell a different story. The 2034 World Cup promises to be extraordinary - a celebration where cutting-edge infrastructure meets rich cultural heritage. Saudi Arabia, a nation that has embraced football with unmatched passion for decades, is ready to deliver an experience that will rewrite the playbook of what a World Cup can be. But let's address the elephant in the room: the wave of criticism feels not just unfair, but hypocritical. We've witnessed recent major sporting events plagued by severe logistical failures, ethical concerns, and organizational chaos – from delayed infrastructure to security issues – yet these received fraction of the scrutiny Saudi Arabia faces. This selective outrage reveals more about the critics than the criticized. The reality? Saudi Arabia has already proven its capability through flawlessly executed world-class sporting events. From Formula 1 to major football tournaments, the Kingdom has consistently delivered excellence. The transformation we're seeing isn't just about sports – it's about creating bridges between cultures, generating opportunities, and showcasing what's possible when vision meets determination. This World Cup represents more than just 90-minute matches – it's a testament to how sport can break down barriers, challenge preconceptions, and unite people across cultures. Saudi Arabia isn't just preparing to host a tournament; it's ready to show the world what authentic progress and innovation look like. Here's to 2034 - when the beautiful game will write its next historic chapter in Saudi Arabia! 🏆 #WelcomeToSaudi34 #Saudi34 #أهلاً_بالعالم #السعودية34
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WORLD CUP: Today, FIFA announced #Charlotte-based Bank of America as the Official Bank Sponsor for FIFA World Cup 2026™ - Canada, Mexico and the United States. This partnership highlights the global financial institution's dedication to fostering wellness, supporting excellence, and making a positive community impact through sports. The collaboration between FIFA and Bank of America aims to promote the growth of football worldwide and enhance the tournament's influence on fans of all ages, abilities, and backgrounds. Bank of America, known for partnering with prominent sports brands that share its vision for progress, sees this agreement with FIFA (lasting until 2026) as a way to strengthen global community ties. The partnership aligns with the bank's global and local market strategies, engaging a worldwide audience through the unifying power of live sports. As FIFA's first global banking sponsor, Bank of America plans to use this opportunity for community engagement. Their approach to responsible growth through community outreach, youth programs, and financial education aligns with FIFA's mission to develop football and positively impact people globally. FIFA World Cup 26 is set to be the largest and most innovative tournament yet. With 104 matches and 48 national teams competing across 16 host cities in Canada, Mexico, and the USA, it will offer brands a truly global platform for engagement as players and fans take center stage. Photo: FIFA
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Saudi Arabia Hosting the 2034 World Cup: A Leap Forward for Football and a Continuation of Qatar 2022’s Legacy The announcement of Saudi Arabia as the host nation for the 2034 FIFA World Cup has ignited excitement and debate across the football world. This monumental step not only elevates Saudi Arabia as a global player in sports but also reinforces the Middle East’s growing role in the future of football. Following the incredible success of Qatar 2022, Saudi Arabia’s hosting of the tournament promises to be a continuation of a transformative journey for the beautiful game. A Platform for Football’s Expansion Saudi Arabia’s selection as host is a testament to FIFA’s commitment to expanding the global reach of football. As the sport continues to evolve beyond traditional powerhouses, the Middle East has emerged as a key region for its growth. With its vast resources, strategic location, and deep passion for football, Saudi Arabia is poised to deliver an unforgettable World Cup that unites fans across continents. Learning from Qatar’s Excellence The 2022 World Cup in Qatar set a new standard for hosting, blending state-of-the-art infrastructure with rich cultural experiences. From stunning stadiums to seamless logistics, Qatar showcased how a smaller nation could deliver an exceptional tournament. Saudi Arabia, with its larger scale and ambitious Vision 2030, is well-positioned to build on this foundation. By learning from Qatar’s successes and challenges, Saudi Arabia can offer a World Cup that blends innovation with tradition, further enhancing the Middle East’s reputation as a world-class destination for sports. A Catalyst for Regional Unity The Middle East’s growing involvement in football reflects a broader movement toward unity and shared pride. Hosting the World Cup in Saudi Arabia will undoubtedly bring the region together once more, fostering a sense of collective achievement. It also opens the door for regional collaboration on logistics, infrastructure, and fan experiences, creating a tournament that embodies the spirit of cooperation. Football’s Role in Transformation Saudi Arabia’s hosting of the 2034 World Cup aligns perfectly with its Vision 2030 goals, which aim to diversify the nation’s economy and enhance its global standing. Beyond the immediate economic and social benefits, the World Cup will inspire a new generation of football fans and athletes across the region, leaving a legacy that extends far beyond the final whistle. Looking Ahead As the football world looks forward to 2034, it’s clear that Saudi Arabia’s hosting represents more than just a tournament. It’s a celebration of the sport’s global reach, a continuation of the Middle East’s rise in football, and a reminder of the power of sports to unite people from all walks of life. With the lessons of Qatar 2022 as its guide, Saudi Arabia has the potential to deliver a World Cup that not only dazzles but also paves the way for the future of football.
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