Talentlockr Sports’ Post

Investing in the #sports_industry in #KSA is not only aligned with #Vision2030 but also offers a strategic pathway to #economic_growth, youth development, global recognition, and improved public health. #Saudi_Arabia has been making significant strides in positioning itself as a global sports hub, with the potential to become a leading player in the industry. Here's why such investments are crucial: - **Economic Diversification (Vision 2030 Goals): ** The sports industry is a crucial component of Vision 2030, offering a growing sector that can drive revenue through tourism, infrastructure development, events, and merchandise. - **Tourism and Global Engagement: ** Sports tourism plays a vital role in attracting millions of tourists annually, with high-profile events bringing international visitors and media attention that enhances the Kingdom's image abroad. - **Youth Engagement and Employment:** Investing in sports creates opportunities for youth engagement, both as participants and professionals, offering avenues for employment and skill development in coaching, sports medicine, event management, and sports media. - **Health and Well-being:** Encouraging sports participation improves public health, combatting lifestyle-related diseases prevalent in the region like obesity and diabetes. - **Infrastructure Development:** Sports industry investments drive infrastructure growth, boosting the local construction industry and creating long-term assets through state-of-the-art stadiums, training facilities, and sports complexes. - **Cultural and Social Unity:** Sports unite people across social and cultural divides, fostering national pride and unity. - **Sports as a Global Soft Power Tool:** By engaging in international sports bodies and hosting prestigious events, Saudi Arabia gains soft power leverage on the global stage, strengthening diplomatic and business ties with other nations positively shaping its global narrative. - **Development of Local Talent:** Long-term investments in sports academies, grassroots programs, and youth leagues are essential for nurturing local talent. - **Sustainability and Future Growth: ** The sports sector offers sustainable growth opportunities that can provide consistent returns if managed effectively. #SportsIndustry #SaudiArabia #F45 #Investing #functional_training #franchise_opportunity #health #fitness #growth #mena

25 Companies Compete in Saudi Sports Privatization Drive. Saudi Arabia’s sports privatization drive is gaining momentum, with 25 companies—both local and international—competing to invest in six of the 14 sports clubs up for privatization in the first phase. This initiative, part of the Kingdom's Vision 2030 reforms, is projected to attract investments of up to SR500 million ($133 million). 🔹 Highlights from the Sports Privatization Initiative: Increased Interest: Foreign companies are eyeing Saudi clubs, with announcements expected soon. Global Reach: The Saudi Pro League now broadcasts to over 160 countries, driving a 33% increase in revenue this year. Streamlined Investment: A new platform simplifies licensing for clubs and academies, fostering easier sector entry for businesses and individuals. 🔹 Economic Impact of Saudi Sports: Sports tourism has seen remarkable growth, hosting 80 events in four years and attracting 2.5 million visitors. Events like Formula 1 in Jeddah have generated 20,000+ jobs and significant economic activity. Administrative improvements in the sports sector have cut contract termination penalties from SR616 million to SR30 million, and the workforce has expanded to 5,000 full-time employees, with a target of 130,000 jobs by 2030. 🔹 Broader Vision 2030 Success Stories: Tourism now contributes 5% to GDP, up from 3% in 2018, and is on track to reach 10% by 2030. Domestic travel has surged, with the average number of flights per resident rising to 2.5 per year. Saudi Arabia leads global tourism growth, with a 70% increase in visitor numbers in the first seven months of 2023 compared to 2019. 🔹 Investment Ecosystem Transformation: Saudi Arabia is introducing a new investment system in early 2025, replacing the existing foreign investment framework. This will create a more transparent and inclusive environment, giving equal support to domestic and international investors. 💡 Let’s connect to explore how Saudi Arabia's sports and investment transformation can shape your business opportunities in the Kingdom! #SaudiSports #Privatization #Vision2030 #EconomicDiversification #InvestmentOpportunities #SaudiProLeague #SportsTourism

Let's celebrate you... At mentl, we believe everyone should thrive, and we're excited to announce that our annual inspiring annual awards are back and bigger than ever 🌍✨ Open to the public sector, private companies, and inspiring individuals across the GCC, including the #UAE, #SaudiArabia, #Qatar, #Kuwait, #Oman, and #Bahrain, these awards shine a spotlight on those making significant strides in mental health. Join us in celebrating outstanding achievements in numerous industries, from finance and healthcare to education and logistics, and many more... Our independent, respected jury will select winners based purely on merit, recognizing those who truly make a difference. 🔹 Categories include: 🏆 Best Mental Health Initiative for each GCC country 🏆 Outstanding Contributions in diverse private sector industries, academic institutions and the public sector 🏆 Special awards for leadership, diversity and ESG And who will be our Mental Health Heroes, joining the likes of Adel AlFalasi, the inspiring emirati crowned Mental Health Hero 2023 🏆 🌟 Become a sponsor and amplify your impact 🌟 Together, let's elevate the conversation around mental health and celebrate those who are making a difference. Let's celebrate you 🏆 Enter 'the mentl awards 2024' today. Click the links in the comments to learn more about the awards, how to enter, and how to become a sponsor #MentlAwards2024 #MentalHealth #Wellbeing #GCC #CorporateResponsibility #MentalHealthHeroes

We're excited to present an insightful session on "Exploring New ROI Models for Sports in the Region" at the Emirates Stadium, London on the 5th of June. This is a must-attend event for anyone involved in sports investment, marketing, and management. 📅 Date: 5th June 2024 📍 Location: Emirates Stadium, London 🎤 Main Stage Session Moderator: Mansoor Ahmed (Economist l Strategist), Executive Director - Middle East & Africa, Colliers Speakers: Bader Al Jeraisy, Privatization Director, Ministry of Sport – وزارة الرياضة Amir Tawfik, CEO, AL AHLY Football Company Steve Beharall, CEO, Newcastle United Foundation Faisal Abusaq, Board Member, نادي النصر السعودي - AlNassr Saudi Club This session will delve into innovative return on investment (ROI) models tailored for the sports sector in the Middle East, highlighting successful strategies and future opportunities. Topics to be covered: 💡 New trends and models in sports investment. 💡 Strategies for maximizing ROI in sports projects. 💡 Success stories and case studies from leading sports organizations. 💡 Social impact of sports investments. Don't miss the chance to gain valuable insights from industry leaders and network with professionals who are shaping the future of sports in the region. 🔗 Register Now to secure your spot and be part of this transformative event! https://lnkd.in/d8GVkEBF #MESIF2024 #SportsInvestment #ROI #MiddleEastSports #EmiratesStadium #Colliers #AlAhlyFC #NewcastleUnitedFoundation #AlNassr #SportsBusiness #Networking

𝗕𝗿𝗶𝘁𝗶𝘀𝗵 𝗜𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁𝘀 𝗪𝗼𝗿𝘁𝗵 𝟱𝟬𝟬 𝗠𝗶𝗹𝗹𝗶𝗼𝗻 𝗦𝗔𝗥 𝗶𝗻 𝗦𝗮𝘂𝗱𝗶 𝗦𝗽𝗼𝗿𝘁𝘀: 𝗔 𝗚𝗼𝗹𝗱𝗲𝗻 𝗢𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝘆 𝗳𝗼𝗿 𝗚𝗿𝗼𝘄𝘁𝗵 As part of Vision 2030, #SaudiArabia is set to welcome British investments worth 500 million SAR in the #sports sector. A workshop attended by a delegation of 25 British companies at the Saudi Ministry of Investment headquarters saw the signing of cooperation agreements with the Ministries of Investment and Sports, aiming to expand investments in #SportsEvents and develop consultancy and #marketing sectors in sports. 💡 Why Invest in Saudi Sports? ✔️ #Vision2030 opening wide horizons for investments in various sectors, including sports to boost #EconomicGrowth, create jobs, and increase the private sector's contribution to the economy. ✔️ Saudi Arabia has invested significantly in developing sports #infrastructure, including modern #stadiums and facilities, making it an ideal destination for hosting major sports events. Additionally, several major projects are under #construction, with many in the pipeline for #tender or investment. ✔️ Large Youth Population: 60% of the population under the age of 30, Saudi Arabia focuses on encouraging youth participation in sports, promoting public health, and enhancing social integration. ✔️ The Saudi government provides strong support for investment in the sports sector through incentivizing policies and #tax exemptions. This includes collaboration with global companies to organize and host major sports events like #Formula1 races and international golf tournaments. ✔️ Increasing Global Appeal: By attracting world-renowned athletes and international events, Saudi Arabia aims to enhance its global sports presence and attract foreign investments. ✔️ Increased Viewership and Market Value of Saudi Clubs ▪️ The Saudi Pro League (SPL) has signed international broadcasting deals covering over 130 regions, including key countries such as the #UK, #France, #Italy, #Spain, and #Germany. These deals help increase the global reach of the league and make matches available to a wide global audience through multiple platforms. ▪️ With substantial investments from the #PIF, the market value of clubs has significantly increased. The goal is to raise the league's annual revenue to 1.8 billion SAR ($480 million) by 2030, increasing the market value from 3 billion to 8 billion SAR ($2.13 billion). ✔️ The value of the Saudi Super Cup has risen from $9.33 million last year to $16 million this year, representing a 71.4% increase. 💡These combined factors make Saudi Arabia an attractive investment destination in the sports sector, reflecting the Kingdom's commitment to achieving Vision 2030 goals and building a diverse and sustainable economy. Now is the perfect time to invest in Saudi sports and contribute to this rapid growth. #Investment #InvestmentOpportunities #investmenttips #sport #football #sportscar #sportswear #sportscars

𝗕𝗿𝗶𝘁𝗶𝘀𝗵 𝗜𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁𝘀 𝗪𝗼𝗿𝘁𝗵 𝟱𝟬𝟬 𝗠𝗶𝗹𝗹𝗶𝗼𝗻 𝗦𝗔𝗥 𝗶𝗻 𝗦𝗮𝘂𝗱𝗶 𝗦𝗽𝗼𝗿𝘁𝘀: 𝗔 𝗚𝗼𝗹𝗱𝗲𝗻 𝗢𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝘆 𝗳𝗼𝗿 𝗚𝗿𝗼𝘄𝘁𝗵 As part of Vision 2030, #SaudiArabia is set to welcome British investments worth 500 million SAR in the #sports sector. A workshop attended by a delegation of 25 British companies at the Saudi Ministry of Investment headquarters saw the signing of cooperation agreements with the Ministries of Investment and Sports, aiming to expand investments in #SportsEvents and develop consultancy and #marketing sectors in sports. 💡 Why Invest in Saudi Sports? ✔️ #Vision2030 opening wide horizons for investments in various sectors, including sports to boost #EconomicGrowth, create jobs, and increase the private sector's contribution to the economy. ✔️ Saudi Arabia has invested significantly in developing sports #infrastructure, including modern #stadiums and facilities, making it an ideal destination for hosting major sports events. Additionally, several major projects are under #construction, with many in the pipeline for #tender or investment. ✔️ Large Youth Population: 60% of the population under the age of 30, Saudi Arabia focuses on encouraging youth participation in sports, promoting public health, and enhancing social integration. ✔️ The Saudi government provides strong support for investment in the sports sector through incentivizing policies and #tax exemptions. This includes collaboration with global companies to organize and host major sports events like #Formula1 races and international golf tournaments. ✔️ Increasing Global Appeal: By attracting world-renowned athletes and international events, Saudi Arabia aims to enhance its global sports presence and attract foreign investments. ✔️ Increased Viewership and Market Value of Saudi Clubs ▪️ The Saudi Pro League (SPL) has signed international broadcasting deals covering over 130 regions, including key countries such as the #UK, #France, #Italy, #Spain, and #Germany. These deals help increase the global reach of the league and make matches available to a wide global audience through multiple platforms. ▪️ With substantial investments from the #PIF, the market value of clubs has significantly increased. The goal is to raise the league's annual revenue to 1.8 billion SAR ($480 million) by 2030, increasing the market value from 3 billion to 8 billion SAR ($2.13 billion). ✔️ The value of the Saudi Super Cup has risen from $9.33 million last year to $16 million this year, representing a 71.4% increase. 💡These combined factors make Saudi Arabia an attractive investment destination in the sports sector, reflecting the Kingdom's commitment to achieving Vision 2030 goals and building a diverse and sustainable economy. Now is the perfect time to invest in Saudi sports and contribute to this rapid growth. #Investment #InvestmentOpportunities #investmenttips #sport #football #sportscar #sportswear #sportscars

Saudi Arabia’s ambitious journey to become the global sports powerhouse is an extremely interesting case study in strategic investment and vision. Since 2017, the kingdom has poured an astounding $51 billion into sports across three key verticals: event hosting, asset ownership, and sponsorship. Can a country achieve rapid inorganic growth which other countries have taken centuries to establish? Can an extremely conservative society make those rapid cultural changes to accommodate global sports fans? Can they sustain the investment and make it grow at an equally rapid pace? Crown Prince Mohammed Bin Salman (MBS) aims to transform sports into a major economic contributor, targeting a 1.5% addition to Saudi Arabia’s GDP. This vision is part of the broader Vision 2030 initiative, which seeks to diversify the economy beyond oil and position Saudi Arabia as a hub for tourism, entertainment, and global sports. What sets Saudi Arabia apart is its strategy of achieving rapid, inorganic growth. By deploying financial muscle and aligning it with a clear vision, the country is bypassing traditional, time-consuming growth trajectories. However, this aggressive approach raises critical questions: Can the kingdom sustain this level of investment? Will these efforts translate into a lasting sports culture, both domestically and globally? To truly establish itself as a global sports powerhouse, Saudi Arabia will need to embrace a more open and inclusive society that allows fans the freedom to express themselves and enjoy sports in their own unique ways. This marks a significant departure from its traditionally conservative norms, making the cultural transition just as pivotal as the economic investments. The ability to balance this societal evolution while maintaining its identity will be a fascinating challenge. Will the country adapt to the lively, unfiltered fan culture synonymous with global sports, or will it redefine what being a sports capital means on its own terms? This cultural shift is an equally critical aspect to watch as Saudi Arabia transforms itself on the world stage. Saudi Arabia’s playbook is reshaping the global sports landscape and challenging established hubs like the U.S. and Europe. Love it or criticize it, one thing is clear: the kingdom is rewriting the rules of the sports business with strategy, scale, and sheer audacity. #sports #sportsbiz #india

Saudi Arabia: A New Frontier for Sports Investment Saudi Arabia's ambitious Vision 2030 has ignited a sports revolution, positioning the Kingdom as a global sports hub. With significant investments in infrastructure, talent acquisition, and major sporting events, the opportunities for sports investment are vast. Key areas for investment: - Sports Infrastructure: State-of-the-art stadiums, training facilities, and sports cities. - Sports Clubs and Teams: Acquiring stakes in football, basketball, and other sports clubs. - Sports Technology: Investing in sports tech startups and innovative solutions. - Sports Media and Broadcasting: Partnering with media companies to broadcast major sporting events. - Sports Tourism: Developing sports tourism packages and infrastructure. Are you ready to capitalize on the future of sports? Let's connect and explore the exciting possibilities together. #SaudiArabia #SportsInvestment #Vision2030 #SportsBusiness #SportsTech