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Saudi Arabia money has turned transfers into ‘chaos’ — will it last?
Saudi Arabia money has turned transfers into ‘chaos’ — will it last?
In the days after winning the treble, Manchester City had a meeting to discuss recruitment this summer, but they have not acted with the decisiveness usually expected. The club have long known their list of potential targets but any moves are dependent on who leaves. As many as six players could go, and two of them - Riyad Mahrez and Bernardo Silva - have had offers from Saudi Arabia. Even City, who have become the most assertive force in the game through their Abu Dhabi ownership, have had all their plans affected by this summer window’s most disruptive force. The key figures in Saudi Arabia might say this is the natural order, since they are the main power in the region. It has had an immense influence on this summer’s market, maybe the biggest since Paris Saint-Germain bought Neymar for what remains a record fee. Many involved insist it surpasses the effect of the Chinese Super League in the winter of 2016-17. While the headline element in all this has been the staggering money offered for so many prime players, the main effect has been how it has abruptly changed the plans of every major club. It is difficult to remember anything like it. It’s all the more pronounced since this was expected to be a frenetic summer anyway. All of Manchester United, Chelsea, Tottenham Hotspur and Newcastle United planned significant comings and goings while Arsenal and Liverpool have been aiming for at least two major signings each. The competition for strikers was meanwhile set to be the driving force, from Eintracht Frankfurt’s Randal Kolo Muani through Harry Kane to Atalanta’s Rasmus Hojlund. Even that has been overtaken. Many of those plans have been almost totally put off, because the market has been completely transformed. A number of Premier League clubs have had new meetings this week, as they attempt to untangle so many connected issues. There is first of all the fact that the nature of every negotiation has changed. Saudi Arabian interest weighs over everything, even with players that wouldn’t yet dream of going there. It points to the biggest issue of all. Saudi Pro League money has completely inflated the market. Many within the industry are complaining that it has introduced an instability. Fees have gone up and wages have gone up. As an example, United had been looking at Hojlund for a potential price of £45m but in the last week Atalanta have almost doubled the price. Players that would have been £40m two years ago are now available at £70m. This is one other reason plans have been put off. Some clubs are waiting to see if all this settles down. Right now, though, various sources are describing a situation of “chaos”. It makes it worse that so many intermediaries are trying to get involved. It’s almost a new gold rush. Some officials have complained they have had figures come to them making promises about certain players or signings only for that to go nowhere. It may ironically mean few players go anywhere for a while. This is seen as a huge week for the Saudi Pro League itself as it attempts to convince a number of big names to join. Losing Lionel Messi was a blow and checked momentum. Ruben Neves is a fine player but he doesn’t quite match up to the megastars they want. Ilkay Gundogan, who also received an offer from Saudi Arabia, is set to rebuff them for Barcelona. As one figure who has been involved in negotiations with the Saudi league says, the next few days will determine how big this wave of signings is. It has still caused huge ripples in the wider game, though. While some deals like Kai Havertz to Arsenal and Mason Mount to Manchester United should get done, an increasing feeling is that most of the main business won’t start getting done until mid July. It could be a fractious window. It is certainly one unlike any other, but may be a sign of things to come. Read More Saudi Arabia can help Chelsea solve headache — but talks raise more questions than answers First golf, now football? Saudi Arabia’s grand plan and the 72 hours that changed everything Sportswashing is about to change football beyond anything you can imagine Human rights must be key consideration in selecting World Cup 2030 host – survey Leading figures summoned to Senate hearing over shock PGA Tour-LIV Golf merger Saudi Arabia can help Chelsea solve headache — but talks raise issues
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Football rumours: Manchester United make last-gasp attempt to sign Harry Kane
Football rumours: Manchester United make last-gasp attempt to sign Harry Kane
What the papers say Manchester United have reportedly made a last-ditch attempt to sign England captain Harry Kane. According to The Sun, the Red Devils have reached out to the Tottenham striker to encourage him to put in a transfer request as club bosses grow increasingly frustrated with Spurs’ unwillingness to negotiate over Kane’s position. Staying at Old Trafford, The Telegraph reports the club have joined Arsenal in pursuit of West Ham midfielder Declan Rice. United are said to be interested in a player-plus-cash deal involving England defender Harry Maguire or Scotland midfielder Scott McTominay. West Brom defender Dara O’Shea could be set for a return to the Premier League next season. The Irish Independent reports the 24-year-old Republic of Ireland international has all-but confirmed a move to Burnley, with a medical at Turf Moor on Thursday the last hurdle to clear. And the Evening Standard claims Chelsea midfielder Hakim Ziyech is nearing a move to Saudi Arabian club Al-Nassr. Social media round-up Players to watch Sandro Tonali: The Athletic says Newcastle are circling a £60million deal for the AC Milan midfielder. Bernardo Silva: The Manchester City midfielder is nearing a move to Saudi Arabia, according to Spanish outlet Marca. Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live
1970-01-01 08:00
As West Battles China, a Trade Ally Tries to Keep Both Doors Open
As West Battles China, a Trade Ally Tries to Keep Both Doors Open
The drive south from the ancient city of Tangier spans decades of economic development in half an hour,
1970-01-01 08:00
Manipur: Fears grow over Indian state on brink of civil war
Manipur: Fears grow over Indian state on brink of civil war
Manipur faces the darkest chapter in its modern history and could be engulfed by ethnic violence.
1970-01-01 08:00
Decision on Who Will Be Next RBA Governor Is Likely in July, Treasurer Chalmers Says
Decision on Who Will Be Next RBA Governor Is Likely in July, Treasurer Chalmers Says
Australian Treasurer Jim Chalmers expects to decide in July on the governor of the Reserve Bank, with incumbent
1970-01-01 08:00
NFL Rumors: Dalvin Cook drops social media hint on free agency destination
NFL Rumors: Dalvin Cook drops social media hint on free agency destination
Former Pro Bowl running back and current free agent Dalvin Cook may have provided a clue as to where he would like to play football next. HINT: It's very green.When the Minnesota Vikings opted to release former Pro Bowl running back Dalvin Cook, where the former Florida State Seminole would...
1970-01-01 08:00
Brazil Central Bank Keeps Interest Rate Unchanged at a Six-Year High
Brazil Central Bank Keeps Interest Rate Unchanged at a Six-Year High
Brazil’s central bank kept its key interest rate unchanged at a six-year high and stopped short of endorsing
1970-01-01 08:00
Finance Chief Says Colombia Could Cut Key Rate by September
Finance Chief Says Colombia Could Cut Key Rate by September
Colombia could potentially start to ease monetary policy within three months as inflation cools and the peso stabilizes
1970-01-01 08:00
Activist investor Elliott seeks ouster of NRG CEO - WSJ
Activist investor Elliott seeks ouster of NRG CEO - WSJ
(Reuters) -Activist investor Elliott Investment Management is increasing pressure on NRG Energy and seeking to oust its CEO Mauricio Gutierrez,
1970-01-01 08:00
Islamic State: Woman jailed in Germany for keeping Yazidi woman as slave
Islamic State: Woman jailed in Germany for keeping Yazidi woman as slave
A court says the ex-IS member encouraged her husband to rape and beat the young woman.
1970-01-01 08:00
EU Banks Expand Risk Scenarios They Face Due to Climate Change
EU Banks Expand Risk Scenarios They Face Due to Climate Change
European banks are building out their risk models to better prepare for the fallout from climate change, with
1970-01-01 08:00
Human rights must be key consideration in selecting World Cup 2030 host – survey
Human rights must be key consideration in selecting World Cup 2030 host – survey
Human rights must be a key consideration in selecting the hosts of the 2030 World Cup, according to a new survey. Fifty-three per cent of the 17,477 people from 15 countries who took part in a YouGov poll commissioned by Amnesty International said human rights considerations were vital in choosing the host of the World Cup and other major sporting events, rising to 60 per cent among UK respondents. Saudi Arabia has been linked with a joint bid alongside Greece and Egypt to host the 2030 or 2034 World Cup, while the Middle East state has already been selected to host the Club World Cup in December. Representatives of more than 200 national associations will vote on who should host the 2030 finals at a FIFA Congress next year. FIFA made human rights criteria part of the bidding process for the 2026 finals, which were awarded to the United States, Canada and Mexico, following the decision by the governing body’s now-defunct executive committee to award the 2018 and 2022 finals to Russia and Qatar respectively back in 2010. However, organisations such as Amnesty and Kick It Out remain concerned that not enough importance is being attached to human rights in future decision-making processes. The poll showed that, after safety and security (57 per cent), human rights was the most commonly-chosen consideration for determining tournament hosts. This was the top consideration in seven of the countries surveyed and highest in Switzerland (68 per cent), where FIFA is based. More than four times as many people chose human rights as a key factor over “commercial revenues for sports bodies” – just 13 per cent. Amnesty’s head of economic and social justice Steve Cockburn said: “It is clear that the public wants human rights to be a high priority so that the World Cup is a celebration of the game they love and never provides a platform for exploitation, repression or discrimination. “FIFA must rigorously apply the highest human rights standards in evaluating all bids to host its flagship tournament, demand clear human rights action plans and reject any bid that fails to credibly show how serious human rights risks would be prevented, independently monitored and remedied if abuses occur.” It is critical that FIFA puts human rights front and centre when choosing the host for the 2030 men's World Cup Director of the Sports and Rights Alliance Andrea Florence Andrea Florence, the director of the Sports and Rights Alliance, added: “Since 2017, FIFA has made important progress in recognising its human rights responsibilities. But human rights assessments and considerations have not been applied systematically when awarding FIFA tournaments. “To demonstrate they are serious about their own policies and statutes, it is critical that FIFA puts human rights front and centre when choosing the host for the 2030 men’s World Cup.” FIFA has been approached for comment. Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live Ben Johnson believes Ashley Cole can help England U21s to Euro 2023 glory Leading figures summoned to Senate hearing over shock PGA Tour-LIV Golf merger Southampton choose Russell Martin as their new manager
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