Scandals being exposed is hardly a problem in itself. Also for Evergrande since 2015 equity has been withdrawn from the club itself so even on that level things are problematic.
Great read, the Chinese spending spree of that era was exciting and it’s a shame how quickly it all fizzled out. One wonders if what’s happening in Saudi now will face a similar end
Thanks Chris. Already there is less spending in Saudi but perhaps that was inevitable. The investment has been more systematic, state-driven and part of a government strategy.
Scandals being exposed is hardly a problem in itself. Also for Evergrande since 2015 equity has been withdrawn from the club itself so even on that level things are problematic.
Great read, the Chinese spending spree of that era was exciting and it’s a shame how quickly it all fizzled out. One wonders if what’s happening in Saudi now will face a similar end
Thanks Chris. Already there is less spending in Saudi but perhaps that was inevitable. The investment has been more systematic, state-driven and part of a government strategy.