Saudi Arabia is making significant investments in world football by signing high-profile players such as Cristiano Ronaldo and Karim Benzema.
The nation is looking to diversify its economy, which is heavily reliant on oil, by expanding into other industries.
Sports, including football, are a key area of focus to build the country’s leisure and entertainment industry and attract tourism.
Saudi Arabia aims to make its football league one of the best in the world and generate revenue by capitalizing on the immense interest in football among its population, particularly the younger demographic.
The country also intends to strengthen its global network by investing in football clubs, develop local players through academies, and enhance its international influence.
Hosting a World Cup in the future, potentially in a joint bid with Greece and Egypt, is another goal. The Saudi Arabian clubs’ influx of money has created a significant impact on the transfer market, as they can afford to sign top players.
The long-term vision of Saudi Arabia’s football project suggests that this trend will continue and grow in the coming years, with ambitions to have 100 of the best foreign players in its league.
Some speculate that Chelsea’s player sales to Saudi Arabian clubs could be a strategy to address financial fair play regulations, but the involvement of Saudi Arabian sovereign wealth funds in various global investments, including a private equity fund linked to Chelsea, is seen as unrelated to the transfers.
I’m Kanyi Muturi and am from Tabuga, a small village in Nakuru. I have been following all sports since I was a kid and have been interested in the gambling side of sports since I was in high school. It took me a little while to get a grasp on all of the different gambling terminology and understand how confusing and complicated it can all seem when you first start.
Are you a professional gambler?
I am a successful gambler. But make no mistake about it: I’m a long-time recreational sports bettor. I’m not a professional gambler. I’m not claiming to be a professional gambler. I’ve never, to my recollection, even been acquainted with a professional gambler. And far be it from me to make the preposterous claim that following my advice will turn you into a professional gambler. It ain’t about that. Not here it ain’t. I just want to teach you a new form of recreation, a fun new pastime in what can sometimes be an unfun life.
