pills

Sport DECODED

Previous edition: 09 May 2024
Share article

Get the full version straight to your inbox.
Exclusive access to our best-in-class data & intelligence
Subscribe now

ICC in major Aramco extension through 2027

The oil giant will continue to hold premier partner rights across the ICC's major events during that time period.

The International Cricket Council (ICC) governing body has today unveiled a multi-year extension to one of its major commercial deals, with Saudi Arabian oil giant Aramco.

Following an initial tie-up between the pair which began in October 2022 and ran through until early 2024, the brand has now signed up as a global sponsor through 2027 and will continue to have premier partner rights at the various men’s, women’s, and under-19 ICC events scheduled to take place over the next three and a half years.

This includes, in the immediate future, the 2024 Men’s Twenty20 World Cup, set to take place in June across the US and Caribbean, as well as the women’s iteration of that tournament, which will be held in Bangladesh in September and October.

Aramco has become a major commercial partner across cricket in recent years, with a deal covering the prestigious Indian Premier League domestic tournament having run across 2022 and 2023.

Outside of cricket, late last month Aramco was brought in as a major sponsor of top-tier events organised by soccer’s global governing body FIFA.

Under a four-year agreement, the company has become FIFA’s major worldwide partner exclusive in the energy category, with sponsorship rights for multiple events including the 2026 World Cup and 2027 Women’s World Cup.

Aramco will continue to hold naming rights to various player awards at ICC events through the new deal - the Aramco Player of the Match, Aramco Player of the Tournament, and the Aramco Power Performance.

The firm will also receive assets through the ICC’s hospitality platform.

GlobalData (Sportcal) assessed the total value of the original ICC-Aramco agreement as $2.25 million.

Other major ICC commercial partners include Emirates, DP World, and Coca-Cola.

The Dubai-based body earlier this week completed its line-up of major broadcast partners for the next media rights cycle across key cricketing territories, through a deal with Sky New Zealand.

Latest news

FIA's first chief executive Robyn to leave post after 18 months

Natalie Robyn had only been appointed to the key leadership role at motorsport's governing body in September 2022.

Genius Q1 raises 2024 outlook as 23% revenue jump exceeds expectations

The group generated revenue of $120 million for the first quarter of the year.

Wigan Warriors, Wigan Athletic agree stadium naming rights deal with The Brick

The deal will run until the end of 2025 with a long-term partner to be sought for 2026 and beyond.

Another blow for Panini as Fanatics takes over EPL licensing rights

Fanatics replaces its long-time rival as an EPL partner in the trading card and sticker categories.

Pitch International acquires minority stake in Matchroom Sport

The founding Hearn family will retain majority control in the event promotions company as part of the deal.

Brazil's WWC bid given boost by FIFA's evaluation report

Brazil's submission has been ranked higher than a joint bid from the Netherlands, Germany, and Belgium.

Sky unveils new Sky Sports+ content offering

The linear channel and streaming option will help the broadcaster to expand its rights coverage.

Geopolitics 2024

Hear our experts discuss rising geopolitical tensions, new structural realities in the global economy, and more.

Watch Now

Newsletters in other sectors

Aerospace, Defence & Security

UAE enhances defence arsenal with HARM missile upgrade
09 May 2024

Explore our market-leading Intelligence Centers

Still looking?

Search companies, themes, reports, as well as actionable data & insights spanning 22 global industries

Explorer

Access more premium companies when you subscribe to Explorer