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Real Madrid ‘lines up €150m deal’ with Saudi tourism project

(Photo by Oscar J. Barroso / Europa Press Sports via Getty Images)

Spanish LaLiga club Real Madrid is reportedly in advanced talks with Saudi Arabia’s Qiddiya sports and entertainment project concerning a €150m ($182m) partnership that would include main sponsorship rights to the women’s team.

According to The Times newspaper, which claims to have seen two separate documents detailing a proposed partnership, the club and the €6.5bn Saudi state-owned tourism project have reached a memorandum of understanding on a deal.

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