Inter Milan
·16 October 2024
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Yahoo sportsInter Milan
·16 October 2024
Inter is formalising its commitment to strategic expansion in Saudi Arabia with the acquisition of the MISA licence, which is essential for any foreign company wishing to operate commercially in the country.
The club will benefit from the support of the Saudi Arabian Ministry of Investment (MISA) to further extend its brand presence in the Middle East and grow its fanbase. At the same time, Inter will bring its expertise, values and experience as a top-level football club to the country, supporting Saudi Arabia's national plan for 2030 (Vision 2030). Through promoting talent and sports culture, the Nerazzurri club aims to contribute positively to the country's future ambitions.
Inter will not only export its history and tradition as a globally renowned football club, but also the very best of Made in Italy, which the Nerazzurri represent. Through strategic partnerships, the Nerazzurri will champion Italian values, tradition and style beyond sport, bringing to Saudi Arabia the entire Inter ecosystem with a project that will highlight the fusion of design, entertainment, wellness, and Inter’s historical legacy.
Inter's entry into the Saudi market will also enable the club to expand its fanbase, engaging with the country’s young and rapidly growing population. The opening of several Inter Academies across the country, support for the development of youth and women’s football, the organisation of unique experiences and the involvement of the club’s Legends at local events will further strengthen the bond with the Saudi community, promoting football values beyond borders.
The official acquisition of the commercial license was announced on Wednesday during a ceremony held in Riyadh at the MISA headquarters, attended by Vice President Javier Zanetti, CEO Corporate Alessandro Antonello and Chief Revenue Officer Luca Danovaro, followed by an exclusive gala dinner with local stakeholders.
Inter is therefore strengthening its presence in a market that has already shown high levels of enthusiasm for the Nerazzurri thanks to its participation and victories in the Italian Super Cup in Saudi Arabia over the past two years, the club’s fan base and brand visibility in the region have seen a significant increase. Arabic-speaking fans following the club’s social media profiles now exceed 5 million, making it the second-largest cluster in the entire Nerazzurri community.