2min chapter

Odd Lots cover image

Why Saudi Arabia Is Spending Millions on Soccer Stars

Odd Lots

CHAPTER

Saudi Arabia's Ambitions and Chances of Success

Both the US and China tried to build leagues based around star players of some sort. The key difference with what Saudi Arabia seems to be doing right now is there is this government involvement. So the big sovereign wealth fund, the PIF now owns quite a few football teams there. Even the Ronaldo transfer, I think initially was done by the club itself, but then became a government contract.

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