Quote Originally Posted by PhoneymcRingRing View Post
My gut has always told me that the Saudis are not here for the very long term. They are very restricted in what they can do under FFP and now the profit and sustainability rules.

Another thing the got me thinking this is the training facilities, under FFP they can spend as much as they like in the training facilities and other things in the background, now they did invest and are doing them up a bit however I was expecting a state of the art upgrade to commence.

With all the other Saudi projects they’re always out to show their will be no expense spared, feels very different with us and it’s not all down to FFP.
I think PIF are here long term, and the diversification of Saudi wealth is probably the biggest indicator that fossil fuel is on the decline (relatively speaking) and they are establishing themselves with brand new markets and a brand new image well in advance so their economy and country doesn’t go from super important and super influential to not being relevant to the rest of the world… hence the investment into g
Football/Golf/Boxing which has a massive global footprint.