True, as this quote re. NUFC demonstrates:
“The club has a long-standing relationship with Saudi Arabia and has over five million passionate fans in the region. Our partnership with Saudi Telecom is the longest running of all our commercial partners. Having the chance to help shape the football industry in the Kingdom is a great honour and it is something where we believe we can make a big difference."
Oh hold on, I made a mistake. That was from here in 2017. https://www.manutd.com/en/News/Detail/manchester-united-agree-strategic-partnership-in-Saudi-Arabia