Saudi Arabia closes in on deal to create new cycling league

Reuters exclusively reported that Saudi Arabia-backed sports fund SRJ was in exclusive talks to back a new cycling league, which […] The post Saudi Arabia closes in on deal to create new cycling league appeared first on Reuters News Agency.

Saudi Arabia closes in on deal to create new cycling league
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Reuters exclusively reported that Saudi Arabia-backed sports fund SRJ was in exclusive talks to back a new cycling league, which Reuters also exclusively reported was in the works back in October.  The country is targeting yet another sport to upend in the wake of previous investments in golf, football and Formula One. The story was also picked up by ESPN. 

The post Saudi Arabia closes in on deal to create new cycling league appeared first on Reuters News Agency.