BREAKING! Saudi Arabia To Host Barcelona, Real Madrid And Others In Spanish Super Cup

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The four-team event features Barcelona, Real Madrid, Atletico Madrid and Valencia at the 62,000-capacity King Abdullah Sports City stadium in Jeddah.

Spanish newspaper ABC said the federation would earn between £29-£34m a year from the three-year deal.

Barcelona will face Atletico Madrid and Valencia will take on Real Madrid in the revamped tournament between 8-12 January, with the two winners meeting in a final.