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Transcripts for BBCNEWS Asia Business Report 20240604 00:40:00

Continue spending big to sign more international players. we have commitment to support this for however long it takes. however, the responsibility that we have against that commitment is to also take that commercialisation element of the strategy and start increasing that so that we can be responsible for our own financial growth in the future and not to be wholly dependent on the government. saudi arabia s target is to elevate spl in the world stopped in in terms of revenues by 2030. it s still early to judge whether these bold investments would pay off in the long run. but the strategy has demonstrated the gulf nations ambition of becoming a major international football hub. sameer hashmi, bbc news, riyadh. it is invested in other sports like golf as well. it has been accused of sports washing its image after a number of human rights

Players
Commitment
Spending-big
It
Government
World
Growth
Saudi
Strategy
Commercialisation-element
Saudi-league
Target

Transcripts for BBCNEWS Asia Business Report 20240604 01:40:00

To continue spending big. - have a commitment to support this for herfor long have a commitment to support this for her for long it takes however, the responsibility that we have against that commitment is still also to attract their commercialisation element of the strategy so that we can increase that so that we can be responsible for our own financial growth in the future not be wholly dependent on the government. government. saudi arabia s tar: et is government. saudi arabia s target is to government. saudi arabia s target is to elevate - government. saudi arabia s target is to elevate sbl - government. saudi arabia s target is to elevate sbl in l government. saudi arabia s l target is to elevate sbl in the top ten in terms of revenues by 2030. it is still early to judge whether these investments would pay off in the long run but the strategy has demonstrated the gulf nation s ambition of becoming a major international football hub. let s quickly show your live pictures from tha

Commitment
Strategy
Spending-big
Herfor
Commercialisation-element
Responsibility
Government
Target
Growth
Isbl
Saudi
Revenues

Transcripts for BBCNEWS World Business Report 20240604 04:50:00

There has been an influx of foreign players. a couple of months ago, the top four saudi clubs were bought over by the pif, which is the country s cash rich sovereign wealth fund. now, what it s done is that it has enabled clubs like al hilal to offer eye watering salaries to attract some of the biggest names in global football. sports is one of the main pillars of the country s vision 2030 economic diversification programme which aims to reduce saudi arabia s reliance on oil revenues by building new industries and attracting foreign companies. in line with that objective, the saudi proleague plans to continue spending big to sign more international players. we have a more international players. - have a commitment to support this for however long it takes. however, the responsibility that we have against that commitment is still also to take that commercialisation element of the strategy and start increasing that so that we can be responsible for our

Saudi-arabia
Country
Clubs
Players
Influx
Sovereign-wealth-fund
Pif
Four
Some
Football
Al-hilal
Sports

Transcripts for BBCNEWS BBC News Now 20240604 11:54:00

Of the country s vision 2030 economic diversification programme, which aims to reduce saudi arabia s reliance on oil revenues by building new industries and attracting foreign companies. in line with that objective, the saudi pro league plans to continue spending big to sign more international players. we have a commitment to support this for however long it takes. however, the responsibility that we have is that that commitment is to also take that commercialisation element of the strategy and start increasing that so that we can be responsible for our own financial growth in the future and not to be wholly dependent on the government. saudi arabia s aim is to elevate the spl in the world s top ten in terms of revenues by 2030. it s still early to judge whether these bold investments will pay off in the long run, but the strategy has demonstrated the gulf state s ambition of becoming a major international football hub.

Country
Saudi
Line
Pro-league
Companies
Diversification-programme
Industries
Oil-revenues
Plans
Reliance
Objective
2030

Transcripts for BBCNEWS Asia Business Report 20240604 23:40:00

We have commitment to support this for however long it takes. however, the responsibility that we have against that commitment is to also take that commercialisation element of the strategy and start increasing that so that we can be responsible for our own financial growth in the future and not to be wholly dependent on the government. saudi arabia s target is to elevate spill is to elevate spl in the world stopped in in terms of revenues by 2030. it s still early to judge whether these bold investments would pay off in the long run. but the strategy has demonstrated the gulf nations ambition of becoming a major international football hub. sameer hashmi, bbc news, riyadh. it is invested in other sports like golf as well. and that s it for this edition of asia business report.

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Commitment
Strategy
Commercialisation-element
Responsibility
Government
Growth
Saudi
Saudi-league
Spill
Target
World

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