Money also rules the world of football. More and more investors are getting involved. That doesn’t necessarily have to be bad. Provided that club cheating, narcissism and cronyism in the industry stopped.
essay by
Uwe Ritzer
In November 2021, international professional football experienced its moral low point. A consortium from Saudi Arabia, 80 percent of which is made up of the country’s sovereign wealth fund, took over British top flight club Newcastle United, a club with a 140-year history. After all, after the brutal murder of Jamal Khashoggi, which was dismembered in the Saudi embassy in Istanbul in 2018, a little image cultivation in the West can’t hurt. The majority of Newcastle fans are celebrating the new owners – human rights or not. Elsewhere, however, there is sheer horror.