I just got this information now from my news feed.
Atletico Madrid stadium has been renamed
" Riyadh Air Metropolitano”. The club has signed a contract with the Saudi airline that could bring in between €250M-€300M in total.
Source:
https://www.sportsbusinessjournal.com/Articles/2024/10/09/atletico-madrid-riyadh-air-naming-rights
This is going to be a new chapter for the club as they will have more money to get good players for the club and manage the team properly. Funny enough the Riyadh Air Metropolitano has been sponsoring Atletico since last season but it was just revealed suddenly admist the new contract signing on Wednesday. The contract is said to last until 2033