The Saudi league is a fascinating development, which could indeed turn out to be a short-term fad like the US in the 70s, but I really don't think it will be – it's more the next step towards societal change using industries like sport, video games, media, etc as a driver.
I've been travelling and working in the region for a few years and it's clear that there is sizeable change happening. Many of the Middle Eastern states are on a fast-track to modernise their entire society – away from reliance on fossil fuels (which does have a window that's closing) and also away from state-led industry/structure (in which everyone gets an allowance and most get work somehow from the government) and away from strict religious doctrine to more relaxed (to a point) 'western' values of individual freedom, expression and entrepreneurialism.
Dubai is obviously the leader on the latter point, the emirate is incredibly diverse in terms of the population and feels like many western cities – it's a top global holiday destination and a thriving international business hub. Dubai doesn't have meaningful oil resources like its neighbours, so it's a showcase of a different economy and this has not gone unnoticed to the likes of Qatar, Abu Dhabi, Oman, and most of all Saudi (who do not like to be upstaged by their noisy neighbours!).
I went to a concert in Riyadh called 'Soundstorm' – which was populated by international acts, insanely huge, had the biggest stage ever, and was filled with young people having fun which (booze aside – Saudi is still 'currently' a zero alcohol) zone. They are investing $38B into video games and esports (buying the world's biggest esports companies so far and investing in the likes of Activision, Embracer and Scopely) and also launched an 'open' international film festival (when only years ago you could barely watch a movie here) – heck they even have (well have bought) 'Winter Wonderland'!
On the sports front, as others have mentioned, there's already been sizeable moves into golf, tennis and football is of course the biggest game on earth. To be fair, football interest in the region is hardly new - the World Cup hosting, sponsorship, investment and acquisition of clubs in the Premier League and elsewhere (Man City and PSG but also Emirates Airlines at Arsenal, etc).
The money being spent seems madness to us, but in the scheme of things (compared to oil revenues – which only increased with the Ukraine war) this is still small change. If you want a sense of the sort of scale of investments being made right now, look at Neom and the Line – a whole new city/region being built out of nothing with its own laws and futuristic design (the build cost alone will surely be trillions). They want to be world-leaders and they need to attract talent to the region; having 'familiar' sports leagues is just one part of that project.
And the project is working, obviously – they've basically taken over golf, have credible ATP tour Tennis events (that I would not be surprised to see appear as a 'slam' at some point) and football will go the same way. The attraction for older players is obvious, if you're coming to your last contract, then you're looking in part for a payday and the pay is not going to get better than this (also largely tax free!). As more players move, then any stigma is also removed and the league becomes genuinely competitive.
It's not like we can even blame the Saudis, they are just playing western leagues at our own game. European football leagues have played silly buggers raising player salaries to essentially unsustainable levels for successive decades (what other business has a payroll and 'talent' cost that represents 70-120% of their income?).
First it was the Italians in the '90s pulling all the talent (including Gazza) in with inflated prices, then Barcelona and Real Madrid in La Liga with mysteriously bottomless funds, and then of course the all-conquering Premier League itself, which blew everyone else out of the water in terms of available salaries to attract the best talent in what I believe is (and will remain for some time) the most exciting, competitive league in the world.
Then the combined European competition, the Champions League (and its sister trophies) arrived on the scene showering even more money on the elite clubs and players.
Clearly money has always talked loudest, the European Super League showed that in spades with many leading clubs (including Premier League ones) seemingly prepared to ditch their domestic leagues (and Uefa) for the promise of more moolah.
So it's hard to be too sanctimonious when someone with even deeper pockets arrives on the scene and is hoovering up genuine experienced talent that will draw the eye (Mendy, Mane, Mahrez and of course Ronaldo and Benzema), along with some younger players too.
Looking ahead, I think this is only going to continue and grow. The Saudis won't hoover up all the players (they do also want homegrown talent to come through) but they are well and truly here as a part of world football and more players will go there.
In the short-term it may be helpful to Premier League and European clubs, a place to sell on talent in order to bring in revenue to reinvest in the next wave of talent . For the time being, the younger stars will still prefer more familiar European destinations closer to home – but there will also be competition, especially when (and I think this is inevitable) the Saudi league winners get into the Champions League 2-3 years down the road.
Either that or at least some Asia-based abstraction created by Fifa or Uefa – don't think those organisations aren't also watching this progress through dollar-tinted glasses! And that's before we consider whether Dubai, Qatar etc also try the same idea!
What does this mean for Everton? Absolutely no idea!
Maybe we'll get to offload the likes of Gomes and Gray for more than we could've hoped. Ultimately it'll mean another wave of 'superclubs' competing in the football world (and thus pushing us down), but it also means the growth of football as a whole and spread into new markets which should create new opportunities.
As for world football organisations? Well, the Premier League will be fine I think, and will remain at the top of the pyramid for quality, excitement and viewing rights for many years to come. They will also find some smart crossover opportunities, it's a smart, well-run business organisation (despite some dysfunctional clubs in the mix) with a very passionate international fanbase – no doubt we'll see a 'Summer Series' (or Winter Series?) in the Middle East soon, as in the US this pre-season.
The Bundesliga will also be fine, their setup is all about domestic appeal and tight fan integration. However, I do feel Serie A and La Liga may feel the pressure a little more, they aren't quite so well marshalled as organisations (it's about a few top clubs rather than the league) and finances are even more strained already than in UK – if global TV companies and sponsors start thinking the wealthy Saudi market is more interesting than Spain, that could hit incomes.
Anyway, sorry that one got away from me a bit and ended up a bit rambling! TLDR version – for my money, the Saudi league means business and it will be an increasing factor in world football over the next decade.
1 Posted 02/08/2023 at 22:20:34
The influence of Middle Eastern sponsorship is already rife at the top of the game, they'll want more than a monetary return on that investment.