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Karim Benzema Joins Al-Ittihad, Becoming Latest Saudi Sports Prize

Karim Benzema, one of soccer’s best players and a fixture at the Spanish giant Real Madrid for more than a decade, has agreed to join the Saudi champion Al-Ittihad on a three-year contract that will make him the latest prize acquisition for a kingdom rapidly expanding its ambitions and influence in sports.

The decision by Benzema, a 35-year-old French striker, to move to Saudi Arabia was confirmed by Al-Ittihad on Tuesday after days of rumors. While it is an unusual choice for a player still perceived as an elite talent in one of Europe’s best leagues, his acquisition might not be the last high-profile signing by the Saudi league, which is embarking on a billion-dollar project, backed by the seemingly bottomless wealth of the state-controlled Public Investment Fund, to turn the kingdom into a major player in world soccer.