Arab princes have lots of money from enslaving their people like cattle and selling oil to Europe, so they can afford to waste vast sums of wealth participating in superior European culture.

>>225045160
professional soccer has always been either a money laundering scheme or an aspirational thing for new money, arabs are both new money with no taste at all and also desperate to diversify and launder their money

>>225045160
It’s partly backed by the Saudi and Emirate governments as part of their sportswashing their economy and an attempt to diversify it by investing in entertainment and tourism.

Countries like the UK in particular made investments in industries like sports regulation free for foreign corporations. The amount of third world oligarchs and Arab sheiks who bought teams since has made the practice very controversial.

Their type of wealth is very fitting for sports team management. They’re low in assets and high in liquid cash. Their western equivalents are entirely assets.