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Transcripts for BBCNEWS Talking Business 20240604 23:41:00

About the impact of these saudi investments. george pyne, a real pleasure having you on the show. and george, let s start with this because, boy, you know, when you look at the huge amounts of cash that saudi arabia through its pif, which is its sovereign wealth fund, and other middle eastern countries, what they re pouring into sports. i m just wondering, george, what changes is all of this money causing? well, i think a couple of things. one, sports as an asset class is becoming more embraced by investors around the world. what it means is sports or sports businesses or teams or federations or clubs could accelerate their growth. also, teams, federations, clubs are going to have to think defensively, what does it mean to have all this capital sloshing around? where do i have a potential blind spot or weakness? i think also, depending on what the investment is in, it really, it really can change ....

Saudi Arabia , George Pyne , Let S Go , All Over The World , Asset Class , Sports Businesses , Capital Sloshing , Blind Spot ,