Saudi Arabia £5BN Investment In Global Sports - Money Matrix with Sebuh Mesfin & Micky Tesfaye by@blocks2bags

Dive into the realm of sports and investments with Money Matrix by  @blocks2bags   Join hosts Sebuh Mesfin and Micky Tesfaye as they unveil Saudi Arabia's mega investment in sports that's propelling them toward financial dominance! Discover the strategic game plan as Saudi Arabia leverages sports to supercharge growth and revolutionise its economic terrain. Plus, we spill the beans on power plays, snagging major players, and how this impacts the future of sports content in the media landscape. Don't miss out on this high-stakes episode!

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Money Matrix is a Blocks2Bags show where we dive into the world of finance, economics and money. The aim? Financial education and empowerment by breaking down the Money Matrix. Tune in, hit that like button, and subscribe for the inside scoop!

✅ Say Hi to Sebuh on LinkedIn here: https://www.linkedin.com/in/sebuh-mesfin/

✅ Say Hi to Micky on LinkedIn here: https://www.linkedin.com/in/micky-tesfaye-687659138/

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⏳ Timestamps:

00:00 The Current State of Football
00:56 Saudi Arabia’s Impactful Investment in Sports
03:51 China’s Influence on the Economy
06:14 Saudi’s Geographical Strength
08:53 Acquisition of Dominant Players
10:29 America, MLS, and David Beckham
15:40 Tech Companies & Streaming Wars
17:20 The Future of MLS

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💼 Breakdown of Key Points:

1. Saudi Arabian Public Investment Fund (PIF) taking over domestic and international sport.

2. Saudi Arabia strategically utilising sports as a center for growth and development for political and economic reasons, aiming to diversify the economy.

3. Following China's successful model of producing goods and services to keep the money circulating.

4. The unique dynamics of different governments and how the geographical location of Saudi Arabia gives it a strategic advantage.

5. Attracting dominant players like Messi, Ronaldo, and Koulibaly!

6: The streaming war and its impact on the sports industry, emphasising the role of live sports as prime content for media organisations.

7. Saudi leagues are creating pressure in the sports industry, leading to wage inflation, despite challenges in their foundational model.