Saudi’s PIF undergoing ‘value realization’ of plan
‘The [Iran] war would add more pressure to priorities’
Saudi Arabia has abandoned its aspirations to host the 2035 Rugby World Cup as a result of the Public Investment Fund’s new financial strategy.
The sports minister, Prince Abdulaziz bin Turki al-Faisal, confirmed Saudi Arabia’s interest in bidding for the tournament last year, but the Guardian has learned that the kingdom has not submitted an expression of interest to World Rugby and has no plans to do so before the bidding process closes in October. The president of Asia Rugby, Qais al-Dhalai, also talked up a joint Middle East bid from Saudi Arabia, Qatar and the United Arab Emirates last year, but that has not materialised either.
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