Saudi Arabia Set to Cancel Five Stadiums for 2034 World Cup
Saudi Arabia is moving to cancel five planned stadiums for the 2034 World Cup, including NEOM, Qiddiya Coast, and Roshn, leaving 10 stadiums, according to a report uncommented on by the Public Investment Fund or the Ministry of Sport.
Saudi Arabia intends to cancel five stadiums planned to host the 2034 World Cup, including NEOM Stadium, Qiddiya Coast Stadium, Roshn, New Murabba, and King Abdullah Economic City, according to a report by "Sports Business Journal" citing "Semafor".
Ten stadiums will remain in the hosting plan after these cuts, according to the report, which received no comment from the Public Investment Fund or the Ministry of Sport.
This move comes following a Reuters report stating that the 46,000-seat NEOM Stadium has been postponed indefinitely.
Saudi Arabia was relying on stadium projects as part of its infrastructure development plans and preparation for the global event, and any reduction in their number raises questions regarding the schedule and costs.
What do these terms mean?
Public Investment Fund: Saudi Arabia's sovereign wealth fund, which invests in domestic and global projects and funds sectors including sports, tourism, and infrastructure.
Hosting Plan: The list of stadiums and facilities relied upon by the country to host a major tournament, subject to updates based on schedule and costs.
Infrastructure: The fundamental facilities needed to organize a major event, including stadiums, roads, transportation, accommodation, and services.
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