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Saudi Arabia is gearing up to make waves in global cricket with a $500 million investment in a new international T20 league, aiming to rival the Indian Premier League (IPL).
The initiative, led by Australian cricket figure Neil Maxwell, has been in development for over a year, according to The Sydney Morning Herald.
The league will feature eight teams and draws inspiration from tennis’ Grand Slams, with matches hosted at four global locations annually. Saudi Arabia’s $500 million commitment cements its position as the primary financial backer, while discussions with the International Cricket Council (ICC) are ongoing.
Neil Maxwell, a former all-rounder for New South Wales and Victoria and current manager of Australian captain Pat Cummins, has been instrumental in shaping the league.
He has worked alongside the Australian Cricketers’ Association (ACA) to create this platform, which could provide new funding avenues for sustaining Test cricket beyond traditional strongholds like India, Australia, and England.
This development is part of Saudi Arabia’s broader ambitions to expand its influence in international sports. The country has already invested heavily in ventures like LIV Golf, Formula 1, and the hosting rights for the 2034 FIFA World Cup. The proposed T20 league would further enrich its growing portfolio.
