FIFA Corruption and the effect of oil money by E

What is oil money?

generalnick3344_ — 2023-11-14 23:59:48 UTC

The term oil money refers to "wealth that has been acquired through the petroleum industry"

How does it negatively affect the sport?

generalnick3344_ — 2023-11-15 00:05:59 UTC

Sports have now been used as a tactic to draw negative attention from these countries that buy these teams.

Coverup?

generalnick3344_ — 2023-11-15 00:07:00 UTC

Saudi Arabia’s acquirement of Newcastle United Football Club was quickly recognized "as another instance of “sportswashing”—using sporting events to distract from negative international narratives."

FIFA corruption

generalnick3344_ — 2023-11-15 00:10:35 UTC

In the same way rich Saudi companies have bought clubs, Qatar has bought its way into the world stage by bribing FIFA executives for the rights to host the World Cup in 2022.

Treatment of migrant workers in Qatar

generalnick3344_ — 2023-11-15 00:12:43 UTC

More than 6,500 migrants have died during the process of building multiple stadiums for the 2022 World Cup.

Execution of a Saudi journalist, condemning Saudi Arabia's involvement in the Yemen Civil War

generalnick3344_ — 2023-11-15 00:18:06 UTC

Jamal Khashoggi was assassinated by agents of the Saudi government at the command of Crown Prince Mohammad bin Salman in the Saudi consulate in Istanbul.

Later at a Newcastle United game vs Crystal Palace, an opposing fan waved this banner:

Helps a club financially.

generalnick3344_ — 2023-11-15 00:25:25 UTC

Competitive Advantage:

Oil money contributes to creating competitive teams capable of winning domestic and international tournaments.
Top talent acquisition, successful player retention, and improved training facilities.

Some positives...

generalnick3344_ — 2023-11-15 00:25:44 UTC

But...

generalnick3344_ — 2023-11-15 00:26:58 UTC

An insider who worked at Manchester City FC, owned by a holding company led by Sheikh Mansour bin Zayed Al Nahyan of Abu Dahbi spoke about City's manager, Pep Guardiola. He's claimed, "my friend Pep told me what happens when he signs a player costing €100million. He puts some videos together and goes to see the sheikh [Mansour]. There is an opulent feast put on, during which he teaches the video to him and the money is transferred. The next day, the sheikh raises the price of oil to recoup the money.”

generalnick3344_ — 2023-11-15 14:41:44 UTC

Globalization of the Sport:

Oil money attracts top players and managers to leagues funded by wealthy owners.
Increased global viewership, diversified talent pools, and elevated league prestige.