I wonder if the Saudi money will be there for years to come or if this is just one season of a huge cash injection. I remember when people were going to china for huge wages - which has since dried up a fair bit.
this post was submitted on 15 Jul 2023
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The Saudi money is endless oil money though, perhaps not quite the same as China.
The money seems to be endless, but I'm not so sure about the focus on sports will keep up for more than 5 years
I heard 2030 as a likely target date for this whole "own all the sports" thing on a recent Bloomberg podcast.
When China pushed into football in the 2010s, it only really lasted five years or so, but it looks to me like this will be more sustained, especially given the success of the project so far.