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Transcripts For BBCNEWS Talking 20240705

to talking business weekly with me aaron heslehurst. let s go and to talking business weekly with me aaron heslehurst. let s go and take a look at what was on show. the show. the saudis are splashing out on sport. golf, football and boxing a role being pumped with cash but what does this middle eastern moneymen for the business of sport? qatar, bahrain and the uae of also bending the sporting establishment, but is it s about the speech, profit or trying to take the focus away from human rights concerns. upending the sporting establishment. i will discuss all of this with these two. there they are. leading expert on the links between sport and politics and top your spot investor he thinks there s millions to be made for a plane for profit. also on the show, i m going to catch up also on the show, i m going to catch up with the man he puts the big deals together for boxes such as anthonyjoshua and jesus rodriguez and asking how saudi arabia s vast oil wealth in shaping the p

Transcripts For BBCNEWS Talking 20240705

wherever you rejoining me from around the world, once again, a big hello and a warm welcome to the show. you know, eye watering sums of money are being thrown at sports all over the world, but it s the middle east that seems to be doing most of the buying. and saudi arabia in particular. whether it s in football, golf, formula 1, boxing or cricket, billions of dollars are flowing in. so what impact is it having on the business model that has allowed these sports to become, well, some of the world s most popular forms of entertainment? just a few weeks ago, saudi arabia s sovereign wealth fund known as pif, agreed a deal to merge its live golf series with the us and european tours. the saudis, they re thought to be pumping in $3 billion. it ll bring their acrimonious rivalry, including lawsuits, to an end. football, it s also seen an influx of saudi cash. back in december, cristiano ronaldo signed for al nasr for around $220 million a year. it does include commercial activitie

Transcripts For BBCNEWS Talking 20240705

to talking business weekly with me, aaron heslehurst. let s go and take a look at what s on the show. the saudis are splashing out on sport. golf, football and boxing are all being punched with cash. but what does this middle eastern money mean for the business of sport? qatar, bahrain and the uae are also upending the sporting establishment. but is it all about prestige, profit, or trying to take the focus away from human rights concerns? i m going to be discussing all of that with these two. there they are. a leading expert on the links between sport and politics, and a top us sports investor who thinks there s millions to be made from playing for profit. also on the show, i m going to catch up with the man who puts the big deals together for boxers such as anthonyjoshua and jesse rodriguez. i m going to ask him how saudi arabia s vast oil wealth is reshaping the prizes on offer in his big money sport. wherever you rejoining me from around the world, once again, a big hello

Transcripts for BBCNEWS Talking Business 20240604 16:41:00

talk about saudi arabia, they don t talk about some of the more unsavoury issues, some of the human rights issues, some of the issues around sport washing. instead, they re saying great sport, great athletes, fantastic country to hold events in. well, on that point, professor simon chadwick, a real pleasure having you on the show. we appreciate your time and i ll check in with you soon. thank you. thank you for inviting me. you know, the business of sport is one that makes us money from activities including broadcasting deals, sponsorship and selling merchandise to fans. but it also goes beyond that. in fact, one european union study found that sport made up more than 2% of the entire economy. so i ve been speaking to the founder of the top sports investment firm, its us based bruin capital, which works with everyone from fifa to the nba and golf s pga and european tours about the impact of these saudi investments. george pyne, a real pleasure having you on the show. and george, let s

Transcripts for BBCNEWS Talking Business 20240604 10:41:00

is looking for is the point at which, when people talk about saudi arabia, they don t talk about some of the more unsavoury issues, some of the human rights issues, some of the issues around sport washing. instead, they re saying great sport, great athletes, fantastic country to hold events in. well, on that point, professor simon chadwick, a real pleasure having you on the show. we appreciate your time and i ll check in with you soon. thank you. thank you for inviting me. you know, the business of sport is one that makes us money from activities including broadcasting deals, sponsorship and selling merchandise to fans. but it also goes beyond that. in fact, one european union study found that sport made up more than 2% of the entire economy. so i ve been speaking to the founder of the top sports investment firm, its us based bruin capital, which works with everyone from fifa to the nba and golf s pga and european tours about the impact of these saudi investments. george pyne, a real p

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