-
How long can Saudi Arabia sustain their current spend in sports?
The money is adding up, fast. If they happen to get Mbappe, they will have to invest 1 billion dollars on him alone.
All the transfer fees they are paying, the player salaries, manager salaries and infrastructure. They also own Newcastle and have their fingers in the F1 pie, Golf, WWE, and Boxing.
Reminder to everyone, they have 1/3 rd of the GDP that the UK has. They don't have an infinite money glitch, they are just allocating their money into sport. I'm thinking they can sustain this for 3-5 years maximum? and then pray they get some kind of return on investment in tv deals/ tourism.
-
Re: How long can Saudi Arabia sustain their current spend in sports?
-
Re: How long can Saudi Arabia sustain their current spend in sports?
Quote:
Originally Posted by
Forgotmyoldaccount
The money is adding up, fast. If they happen to get Mbappe, they will have to invest 1 billion dollars on him alone.
All the transfer fees they are paying, the player salaries, manager salaries and infrastructure. They also own Newcastle and have their fingers in the F1 pie, Golf, WWE, and Boxing.
Reminder to everyone, they have 1/3 rd of the GDP that the UK has. They don't have an infinite money glitch, they are just allocating their money into sport. I'm thinking they can sustain this for 3-5 years maximum? and then pray they get some kind of return on investment in tv deals/ tourism.
they can sustain it for a lot longer, question is will they want to.
the UK could spend a few billion annually on top level sport by cutting expenditure elsewhere, we currently spend 300 million + on grassroots sport for example.
-
Re: How long can Saudi Arabia sustain their current spend in sports?
Quote:
Originally Posted by
Rjk
they can sustain it for a lot longer, question is will they want to.
the UK could spend a few billion annually on top level sport by cutting expenditure elsewhere, we currently spend 300 million + on grassroots sport for example.
They’ll sustain it to 2030, then they’ll have the World Cup and they won’t give a toss after that
-
Re: How long can Saudi Arabia sustain their current spend in sports?
Quote:
Originally Posted by
Pedro de la Rosa
They’ll sustain it to 2030, then they’ll have the World Cup and they won’t give a toss after that
seems plausible
-
Re: How long can Saudi Arabia sustain their current spend in sports?
Quote:
Originally Posted by
Pedro de la Rosa
They’ll sustain it to 2030, then they’ll have the World Cup and they won’t give a toss after that
You are a brave man to predict what life will be like in 7 years time but I'll bookmark it and get back to you if I'm still alive :-)
-
Re: How long can Saudi Arabia sustain their current spend in sports?
The outrage about this is a joke
The people who support the greatness of the Premier league .......plenty on here ......and the champions league etc have always got an arguement for the appalling levels of money in the game
Now it's gone up a notch the pitchforks are out again !
You can't have the penny and the bun
I think it will be great if man united and Liverpool are left floundering and unable to compete
-
Re: How long can Saudi Arabia sustain their current spend in sports?
As long as we all keep buying oil...
-
Re: How long can Saudi Arabia sustain their current spend in sports?
Quote:
Originally Posted by
SLUDGE FACTORY
The outrage about this is a joke
The people who support the greatness of the Premier league .......plenty on here ......and the champions league etc have always got an arguement for the appalling levels of money in the game
Now it's gone up a notch the pitchforks are out again !
You can't have the penny and the bun
I think it will be great if man united and Liverpool are left floundering and unable to compete
I agree with your sentiment, but you can't buy history, and that's what all the old clubs have in spades.
-
Re: How long can Saudi Arabia sustain their current spend in sports?
Quote:
Originally Posted by
Wales-Bales
I agree with your sentiment, but you can't buy history, and that's what all the old clubs have in spades.
But what does a history give you?
not a heck off a lot these days, it's all about the money and titles
-
Re: How long can Saudi Arabia sustain their current spend in sports?
Quote:
Originally Posted by
ToTaL ITK
But what does a history give you?
not a heck off a lot these days, it's all about the money and titles
When has it not been about titles?
-
Re: How long can Saudi Arabia sustain their current spend in sports?
Quote:
Originally Posted by
ToTaL ITK
But what does a history give you?
not a heck off a lot these days, it's all about the money and titles
I've lived overseas and the support for the big established clubs is massive. I can't see the same thing happening with the Saudi teams that have a few players who already past it, and the rest of the team at or below lower league level.
-
Re: How long can Saudi Arabia sustain their current spend in sports?
I can't wait to read Sludge going mental when there's gang of Bridgend youths wearing Al-Hilal tops down the local Spoons.
-
Re: How long can Saudi Arabia sustain their current spend in sports?
Quote:
Originally Posted by
Harry Paget Flashman
I can't wait to read Sludge going mental when there's gang of Bridgend youths wearing Al-Hilal tops down the local Spoons.
Sludge should be pleased about this, it's capitalism eating itself. The other capitalists are going to have to rely on intervention and regulation, and they'll be all for it, because it suits them.
-
Re: How long can Saudi Arabia sustain their current spend in sports?
I'm guessing that they don't have to pump money into their legal system, to deal with human rights appeals ,so possibly it will last a fair old time.
-
Re: How long can Saudi Arabia sustain their current spend in sports?
Quote:
Originally Posted by
Undercoverinwurzelland
As long as we all keep buying oil...
And after we stop too. The oil revenue is spent on other long-term projects and investments on a global scale.
-
Re: How long can Saudi Arabia sustain their current spend in sports?
Quote:
Originally Posted by
Majorblue
I'm guessing that they don't have to pump money into their legal system, to deal with human rights appeals, so possibly it will last a fair old time.
A bit like City's 'Visit Malaysia' deal then.
-
Re: How long can Saudi Arabia sustain their current spend in sport
Quote:
Originally Posted by
Wales-Bales
I've lived overseas
:hehe: :hehe: :hehe:
-
Re: How long can Saudi Arabia sustain their current spend in sport
Quote:
Originally Posted by
J R Hartley
:hehe: :hehe: :hehe:
Every Premier league match is televised live, also big interest in Real Madrid & Barcelona, plus a few other European giants. Football shirts everywhere and they support the teams like they are locals.
-
Re: How long can Saudi Arabia sustain their current spend in sport
Quote:
Originally Posted by
Wales-Bales
Every Premier league match is televised live, also big interest in Real Madrid & Barcelona, plus a few other European giants. Football shirts everywhere and they support the teams like they are locals.
Captain obvious is off.
You don’t need to have lived in the far east to know that, Mitty.
-
Re: How long can Saudi Arabia sustain their current spend in sport
Quote:
Originally Posted by
J R Hartley
Captain obvious is off.
You don’t need to have lived in the far east to know that, Mitty.
The far East- Chepstow?