The Saudi Al-Wasail Company agreed with the Alawwal Bank “SAB” to name the King Saud University stadium “Al-Awwal Park”, instead of Marsool, whose contract was terminated as a result of disagreements between the two parties, according to what private sources explained to Al-Riyadh.
The same sources added that the contract between the two parties extends for about 3 years, with a clause that includes adding two more years, and the deal is estimated at about $15 million, divided into 3 installments, so that the first year is for $5 million, and the second and third for $4.5 million for each. general. It is expected that the match of Al-Nasr Al-Awwal football team against Al-Wahda in the semi-finals of the Custodian of the Two Holy Mosques Cup competition will be the start of the confrontations on “Al-Awal Park” with its new name, as it is considered the official stadium for Yellow for 10 years after signing the contract in 2020. Al-Wasail Company had sent a letter To the Saudi Football Association and the Ministry of Sports on March 20, stating that King Saud University Stadium will be named “SMC PARK” temporarily after canceling its association with Marsool Company.