3 days ago

Is the nearly $500m for Ronaldo to return worth it?

Happy 4th of July! In Episode 57, the hosts catch up after a break and discuss some feedback, including one listener/viewer who asks the hosts to share something that listeners might not know about themselves. Then Lucien leads a Deep Dive into the return of Ronaldo to Saudi Arabia. He's back! While the price tag is massive, it is very likely worth every penny for Saudi Arabia.

Saudi Arabia is experiencing an extraordinary phase of growth, with undertakings that reinforce its global presence and soft power. The landmark decision for Cristiano Ronaldo to continue his career at Al Nasser - with a staggering price tag - is not merely about football; it's a strategic investment in soft power, one that so far has paid off in measurable and immeasurable ways for the Kingdom. Ronaldo, a global icon with unparalleled influence, enhances the Saudi Pro League's reputation and draws international attention to the kingdom's transformation. He’s also added a real-world dollar value boost to the Kingdom’s diversification goals - one that Lucien attempts to calculate in the Deep Dive. 

Ronaldo’s original move to Saudi Arabia catalyzed an influx of other renowned players like Benzema, Neymar, and many more into the Saudi Pro League, significantly boosting its global profile. Broadcast reach has expanded dramatically, and sponsorship inflows have surged, underscoring football's capacity to act as a uniting force.

Beyond economic impacts, Ronaldo serves as an aspirational figure for Saudi Arabia’s youth. The kingdom can leverage his global visibility to promote fitness, discipline, and healthy living—cornerstones of a vibrant society envisioned in Vision 2030.

The hosts then get to the news including:

•Selfridges, now a PIF company, launches insider member’s only club

•Michelin Stars are coming to the Kingdom

•99 future culinary leaders graduate from the ZADK Culinary Arts Academy

•Expo 2030: A New Horizon in Riyadh, with PIF now on board

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