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- Over the summer of 2023, the Saudi investment fund (PIF) acquired 4 Saudi football teams (Al-Ahli, Al-Hilal, Al-Ittihad, & Al-Nasser) and a football revolution has taken place in Saudi Arabia. The Saudi teams made the headlines acquiring top players from various teams across the world. Use whatever online sources you want to answer the below set of questions (make sure to provide the links to the sources used).How much did all Saudi league teams collectively spend on acquiring players during the summer transfer window? How does this amount compare to the top leagues in football?How much is the league expected to generate in revenues this season? (consider income from TV & broadcasting deals, league & team sponsorships (e.g., jersey sponsors), matchday tickets, and others.By comparing the answers of the previous two questions, is the league generating a profit or not in the first year? How about the first three years (assuming no extra money is spent on acquiring players)?How can the country in general benefit from this spending?What are some of the criticisms and backlash over this lavish spending?How can decision-makers mitigate and minimize this backlash?
