Saudi Arabia World Cup part of global power shift in football, says finance expert

Saudi Arabia’s emergence as the sole bidder to host the 2034 FIFA World Cup is no surprise and could be part of a major power shift to affect football in the next few years.

That is the view of sports finance expert Dan Plumley, who also says FIFA will find it difficult to avoid political questions when Saudi oil company Aramco becomes the governing body’s highest-paying sponsor.

FIFA confirmed in October that Saudi Arabia was the only country to submit a bid to host the 2034 World Cup before the deadline, making a second tournament in the Gulf a mere formality.

The announcement came less than a year after the 2022 tournament was held in Qatar, a decision which was roundly criticised due to the country’s poor human rights record and criminalisation of same-sex relationships.

Saudi Arabia’s bid to host football’s most iconic tournament comes after the state’s Public Investment Fund took direct control of four Saudi Pro League clubs, attracting big names including Karim Benzema, Neymar and Sadio Mane to a league which already contained Cristiano Ronaldo.

Plumley foresees the country emerging as a football powerhouse over the next decade, with the World Cup playing a major role in that vision.

“I don’t think it’s a surprise, I think that you can see the power shift, the dynamics changing in world football,” he told Stats Perform of the 2034 bid.

“We’ve obviously seen it off the back of the recent Qatar World Cup, and you could see the narrative of Saudi Arabia’s direction of travel with what they’re doing with the Saudi Pro League.

All seven of the 2023 #ClubWC participants are confirmed

Between 12-22 December, the top teams from all six confederations – as well as representatives of the host country, Al Ittihad FC – will meet in Saudi Arabia for the final FIFA tournament of 2023.

— FIFA (@FIFAcom) November 6, 2023

“[It’s] linked to their Vision 2030 project as a country and how they’re trying to pivot away from oil and look at other ways to generate revenue in the future, on top of the World Cup being – alongside the Olympics – the biggest sporting event on the planet.

“It’s quite clear that was always going to be in their sights. I don’t see that as any real surprise.

“I think there’s a long waiting time now: when you look at the plans they’ve got for the Saudi Pro League, and couple that with hosting a World Cup, there’s a lot of ifs.

“But we could be looking at a significant power shift in world football in six to 10 years’ time.”

Just a few weeks after Saudi Arabia emerged as the sole 2034 bidder, it was reported that the nation’s state-owned petroleum company Aramco was set to become FIFA’s largest single sponsor, which critics have suggested amounts to a conflict of interest.

Asked about the prospective deal, Plumley said: “This is a much wider question around the governance of the sport, and I think you can draw some parallels to the situation in English football with the independent regulator.

“Part of the reason for the independent regulator is because people have not been happy with the Premier League being self-governing, being judge, jury and executioner.

“But that same kind of conversation is happening at UEFA levels, and it’s been happening at FIFA levels for a number of years.

“They are the ultimate governing body of world football. In that regard, it’s very difficult to do anything else within the governance framework, because that’s where we stop.

“People will always draw parallels to the companies connected with that, and the way in which event hosting is done, where the World Cups are going and who the sponsors are.

“There’s been numerous conversations about that throughout history, it’s now just positioned in a slightly different way because we’re in slightly different territory.

“You can’t avoid the politics of it, whether we like to or not. It’s much bigger now than football and I think that’s what you keep coming back to, [the fact that] there’s a lot going on in the market that transcends the game on the pitch.”

What a ridiculous goal from @Cristiano…

How far out is he? #yallaRSL pic.twitter.com/AdA2zTNgkw

— Roshn Saudi League (@SPL_EN) November 24, 2023