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Saudi Arabia's football spending spree is just the start of a long game plan

By Christina Philippou, Principal Lecturer, Accounting, Economics and Finance, University of Portsmouth

Football in Saudi Arabia has had a busy and expensive summer. When the transfer window of its top tier closed in early September, it had spent a record £767 million recruiting squad members from the world’s top football clubs.

This was more than each of the top leagues in France (£687m), Germany (£609m), Italy (£568m)…

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