학술논문
Fire Sale.
Document Type
Article
Author
Source
Subject
*PUBLIC investments
*PROFESSIONAL sports
*PUBLIC spending
*GEOPOLITICS
*NATIONAL security
*
*
*
*
Language
ISSN
0028-6583
Abstract
The article reports on the spending of the government of Saudi Arabia, through the Public Investment Fund, in professional sports as part of a strategy aimed at maintaining geopolitical economic relevance. It informs about the merger of LIV Golf with the Professional Golfers' Association, increased investments in Formula 1 racing, boxing and cycling, and a deal with the Association of Tennis Professionals. It discusses the national security element in Saudi Arabia's spending in sports.