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VIDEO INTRODUCTION:

On the 1st of January 2023, Christiano Ronaldo officially moved from Manchester United to a Saudi football team named AlNassr. In this deal, Ronaldo is said to be paid 200 Million dollars per season which is 1600 crores per year which comes to 4.3 cr every single day!! and you will be stunned to know that in the past 2 years, Saudi Arabia has literally sucked out the most valuable players in European football. This includes Karim Benzema from Real Madrid and N’Golo Kante from Chelsea. Cristiano Ronaldo, Sadio Mané, and even Liverpool’s captain, Jordan Henderson. and suddenly the Saudi league has become the biggest football spender in the world with an expenditure $6.3bn in sports deals alone. Now while most people might think this to be yet another set of big money transfers, I have to tell you that Ronaldo’s transfer was a defining moment in the economic revolution that Saudi Arabia is pursuing!! because you know what guys Saudi Arabia is in some deep trouble!!! This is the reason why they not just buying players but also bidding for the World Cup and they are also holding some of the biggest sports events in the world!!
So the question is,
What are the critical problems that Saudi Arabia’s economy is facing?
Why are they investing so heavily in football?
What is their economic strategy to survive in the 21st century?
and lastly, what are the study materials to help you understand Saudi Arabia’s strategy better?


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#thinkschool #businesscasestudy #geopolitics Credits: CNNNews 18, WION, NBC News, Money control pro, Business standard, TV18,Business Today, ABC news, CNBC, ET now ,Bloomberg originals, Financial Times, DW documentary, AL Jazeera English, BBC news, Firstpost. Fair use This video is for educational purposes only. All materials used in this video, including images, audio, and video clips, are the property of their respective owners and are used here under the doctrine of fair use. This video is intended to provide commentary, criticism, research, and education on the subject matter. We believe this constitutes a fair use of any such copyrighted material as provided for in Section 107 of the US Copyright Law.