As of today, there is no formal offer from an Arab club for Vinícius. So far, there have only been moves in the Saudi Pro League, which has the power to negotiate. Also to place the player in one of its clubs.
The Saudi Pro League has been willing to spare no expense for Vinícius for a year now. This was recently confirmed by its CEO, Omar Mugharbel, to the newspaper As:
"What would his arrival mean? There is the sporting aspect, to improve the quality of the teams, the structures, and the dynamics. Also the commercial visibility."

Arabs Don't Maintain Their Offer
For Mugharbel, "key players have global visibility and great commercial value that make the league grow. It is very important in sports, but also in terms of visibility and commercially," he said, referring to the possible arrival of Vinícius.
In Arabia, there are four major clubs, which are 75% state-funded. These are Al Nassr of Cristiano Ronaldo, Al Hilal, where Neymar played, Al Ittihad of Karim Benzema, and Al Ahli.
Then comes Al Qadisiyah, coached by Míchel and where Nacho Fernández and Aubameyang play. This club is supported by the oil company Aramco. These are the five teams where Vinícius could land.
But there have been developments in the last few hours. Vinícius's bubble is deflating, and Arab interest in him has decreased. At least the interest for 1 billion net for him in 5 years and 300 for Real Madrid as a transfer.
Vinícius Brought Down from the Pedestal
Vinícius's performance in the last year is generating doubts in Arabia. The offer was for the undisputed number one worldwide in the next decade. As of today, there are doubts that the sought-after footballer is Vinícius.
Real Madrid and its Brazilian star, Vinícius Jr., have made it clear that money isn't everything. The player rejected an unprecedented offer from Saudi Arabia, which included a five-year contract for 1 billion euros and a transfer to the club for 300 million. This refusal has cooled Saudi interest, which sought to make Vinícius the face of the 2034 World Cup.
The Arabs were even willing to raise their offer. But the issue has cooled due to the doubts caused by Vinícius's performance over the last few months at Real Madrid.
The Arabs have brought Vinícius down from the pedestal and now he is just one of the great stars who could play there. But he is no longer number one.
Vinícius Has Only Scored 12 Goals Since Missing Out on the Ballon d'Or

Since he didn't win the Ballon d'Or on October 28, his game has lost a lot of ground. Almost six months have passed, and in that time he has barely scored 12 goals.
Since then, Dembélé has scored 28 goals, Mbappé 25, Salah and El Nesyri 24. Lewandowski and Isak 23, Schick 22, Kane and Julián Álvarez 20.
Raphinha 17, Haaland 15, Ferran 15... up to 20 footballers have scored more goals than him.
His game, overshadowed by the presence of Mbappé, has suffered a setback that Real Madrid feels in its LaLiga standings and its European difficulties.
Arabia is still interested in Vinícius, but not under the conditions proposed a few months ago.