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- Cristiano Ronaldo Won't Dent Saudi Arabia's Finances But Costs Are Adding Up - Bloomberg
Cristiano Ronaldo Won't Dent Saudi Arabia's Finances But Costs Are Adding Up - Bloomberg
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Will signing expensive footballers like Cristiano Ronaldo break Saudi Arabia’s finances? No, because the total spending is still relatively small, according to Bloomberg Economics. But sports outlays and the construction of futuristic cities such as Neom increase import expenditures, thus requiring a higher oil price to pay for them.
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Bloomberg Markets: European Open : BLOOMBERG : April 17, 2019 2:30am-4:00am EDT : Free Borrow & Streaming : Internet Archive
