More than a soccer game, which defined among Manchester City and the Saudis of Al-Hilal which of the two teams would advance to duel with Fluminense, for the quarterfinals of the Club World Cup, the confrontation in Orlando Valia Power. Banking for a lot of money from Investment funds linked to the real families of the United Arab Emirates and Saudi Arabiaboth teams are used by the bosses as a prestigious tool for their respective countries.
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According to estimates from the Football Observatory of the Center for International Sport Studies, known by the acronym CIES, in the last decade, under the management of the Check Mansour Bin Zayed Al-Nahyan, Member of the royal family of Abu Dhabio Manchester City spent 1.7 billion euros in the cast as an advertising tool for the emirate.
The Saudi project of the Al-Hilal is more recentbut it is also millionaire and ambitious. Investments to turn the club into one of Asia’s powers are part of the plan ‘Vision 2030’which aims to diversify the economy of the Arab country beyond oil production.
2034 Cup will be in Saudi Arabia
Not by chance the Saudis went to the fight – and gained the right to organize the FIFA World Cup in 2034. This is already defined. They are also investing heavily to turn the first division championship of their country In one of the alloys that invest the most in the purchase of renowned stars, such as Portuguese Cristiano Ronaldo, Brazilian Neymar (no longer in the country) and French Karim Benzema. There are many others.
Their arrival in Saudi football, from 2023, was part of a plan of the heir prince Mohammed Bin Salman Bin Abdulaziz Al Saud to put the Arab country prominently on the sports map. Football is not the only sport taken to the country. A series of sporting events are part of Saudi Arabia’s agenda.
The executive arm of the Saudi plan is a public investment fund (PIF). It is administered by Yasir bin Othman Al RumayyanPresident of Newcastle and CEO of the largest oil company in Saudi Arabia. In that country, the PIF is the owner of the four great football clubs: Al-Hilal, Al-Nassr, Al-Ittihad and Al-Ahly, who are largely responsible for investing more than $ 1 billion In transfers from Saudi Pro League in the last two years.
Messi, Neymar e Mbappé
A third vertex of this billionaire and emerging world football market is Qatar. The country organized the 2022 World Cupinvesting at least US $ 220 billion To make the event happen, according to a study by the University of Michigan. It is a sum about fifteen times larger than it was disbursed by Russia in 2018, according to the study’s authors.
In search of overcoming Saudi Arabia and the United Arab Emirates, from 2011, the country, the country’s main sovereign background, became PSG investor. Since then, it has injected about US $ 5.5 billion To buy and keep one of the most expensive casts in Europe. So that it even had three of the most renowned and expensive players on the planet: the Argentine Lionel Messi, Brazilian Neymar and French Kylian Mbappé.
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Curiously, PSG reached the peak when the trio was sold. A few weeks ago, in July, PSG became champion of the Champions League, the main football championship on the planet. And it’s a favorite to win the Club World Cup in the United States. Therefore, if for many fans, football is an exciting fun for the leaders of the three Arab countries, it rhymes with good business. By Fernando Valeika de Barros, from Orlando
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