With his transfer to Al-Hilal on August 15, valued at 90 million euros, Neymar joins the now long list of football stars playing in the Saudi league. And if the clubs of Saudi Arabia are able to spend so much money, it is because the four main ones were bought in June by the Saudi sovereign wealth fund (Public Investment Fund, PIF), financed by oil exploitation in the country. This acquisition and these investments respond to the Vision 2030 plan, a policy decided by Mohammed Ben Salman, Prime Minister and de facto leader of the kingdom.
In this video, we explain that if one of the objectives is to make Saudi Arabia a strong and influential place in sport, it also responds to several political issues: the economy and the modernization of society. After the important spotlight on its Qatari neighbor, organizer of the 2022 World Cup, Saudi Arabia also wants its own.
If you want to know more about the subject, we refer you to the survey below.
Contribute
The contribution area is reserved for subscribers.
Subscribe to access this discussion space and contribute to the discussion.