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Saudi Arabia soccer spending ranks second in the world as it bids to become global powerhouse
The Saudi Arabian soccer transfer window has slammed shut, marking the end of a historic summer of spending from clubs based in the Gulf state. Saudi Arabia’s Pro League was second only to the English Premier League in spending on soccer transfer fees, with 954 million euros ($1 billion) spent to bring players in on fees alone, according to data from transfer data website Transfermarkt. Saudi clubs outspent four of the “big five” soccer leagues, the first time another league has outspent any members of the dominant European grouping since 2016. The big spending figures come despite some high-profile deals ... (full story)