PwC Middle East warns the Gulf risks “one-off” event fatigue as it races to capture a share of the $2 trillion global sports tourism market
sports investment
Latest in sports investment
eSports
Middle East sports market to grow 8.7%, outpacing global average: PwC report
The sports sector in the Middle East is undergoing rapid transformation, fueled by strategic investments, innovation, sustainability, and inclusivity, establishing the region as a continued global leader in sports
alternative assets
New Zealand’s Evolution Stables teams up with Tokinvest for tokenised racehorse leases ahead of Dubai World Cup
Digital syndication enables racehorse owners to lease out stakes while retaining full control and ownership
alternative assets
EXCLUSIVE: Dubai’s once-elite racehorse market now open for fractional ownership with digital tokens
The tokenised ‘syndicated ownership’ model for the sector will Simplify asset management and enhance liquidity by making fractional shares of racehorses transferable
Saudi Arabia
Saudi Arabia is shaping future of global sport: Report
The market value of the sports industry is projected to grow from $8 billion to $22.4 billion by 2030, according to the report
sports investment
From oil to Olympics: Growing economies through sports investments
Gulf countries are channelling billions of dollars into developing world-class sports infrastructure – but what’s the expected return
F1
Formula One owners Liberty Media announce $4.5bn deal to acquire MotoGP
The acquisition is expected to be completed by the end of the year subject to clearances and approvals by law authorities
PIF
Saudi Arabia’s PIF sets up massive sports investment company
The PIF has established SRJ Sports Investments, a dedicated sports investment company with aims to propel the growth of the sports sector in the region
Dubai
Dubai’s Emirates announces massive deal with King Salman Club Cup 2023
The sponsorship agreement grants Emirates extensive brand visibility within the stadiums, with in-stadium advertising and promotional opportunities throughout the tournament
acquisitions
Accolades continue to pile for Michael Rubin…the hottest name in sports industry
The Fanatics founder, named Businessperson of the Year by The Athletic, has been on a roll as company valuation grows to $31 billion from $4.5 billion in just three years
Egypt
EXCLUSIVE: Egypt made $7 billion from sports investment says Minister
The Egypt Minister of Sports revealed investment plans that achieved returns of billions of dollars in four years
Dubai
Liverpool FC fans go wild over Dubai’s potential bid for the club
The US owners of Liverpool FC have put England’s most successful football club up for sale, fans have taken to Twitter to express their take on the announcement
Dubai
Liverpool FC for sale: Dubai eyes $5 billion second bid
The US owners of Liverpool FC have put England’s most successful football club up for sale
Dubai
Sports sector’s contribution to Dubai’s economy reaches AED9 billion in 2021, says DSC
The DSC meeting also reviewed plans to develop football stadiums in Dubai and directed the concerned authorities to work on implementing them according to the approved schedule
English Premier League
Why Saudi Arabia’s $413m Newcastle purchase can be considered a ‘bargain’
Simon Chadwick, global professor of the Eurasian Sport Industry and director, Centre for the Eurasian Sport Industry, explains how the deal is about more than simply buying a football club
