Saudi Football Clubs Privatization Business Model
Abstract
This research is an attempt to explore possible solutions to the privatization of Saudi football clubs. It examines the business models of legendary internationally renowned football clubs i.e. Barcelona, Arsenal, Manchester City, and Juventus in order to select the best fit business model to implement in the Kingdom of Saudi Arabia. The strategic vision of KSA’s 2030 is to privatize Saudi football clubs and detach them from any government involvement and make them financially independent like other successful international clubs. The purpose of this research is to provide a pathway to facilitate the Saudi Government’s 2030 vision to diversify the Saudi economy, generate income and to establish multiple revenue streams for Saudi football clubs, so they can be fully independent and not rely on any support from the government.
In this research, we chose four successful international clubs; and analyze their business model. From there we chose the best fit business model that can be implemented into Saudi football clubs to start confidently when they privatize.
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PDFDOI: https://doi.org/10.5296/ijafr.v9i3.14929
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Copyright (c) 2019 Issam Tlemsani, Saleh Al Sarraf, Bader Alshowaier, Mosaed Alotaibi, Ahmad Al Semari
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International Journal of Accounting and Financial Reporting ISSN 2162-3082
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