US EditionGulf's decades-long strategy of sporting investment rocked by Mideast war
Repeated Iranian drone and missile attacks since February forced the cancellation of dozens of Gulf sporting events, affecting major tournaments and economic diversification plans.
- Since February, repeated strikes from Iran have forced cancellation or postponement of dozens of Gulf sporting events, including the Finalissima, Formula One, Qatar MotoGP, and Asian Champions League matches, affecting around 80,000 fans in Doha.
- Iran's strikes, launched in retaliation, have prompted cancellations of Gulf sporting events despite the region's investments to diversify hydrocarbon-dependent economies.
- Organisers had completed major preparations with only days left, and sponsors face a confidence shortfall after last-minute cancellations.
- Planned tournaments and bids, including the 2027 Asian Cup, now depend on how the war ends, as hosts risk losing returns on billions spent on infrastructure, according to statements.
- Experts say the region's sports strategy rests on three pillars—sponsoring events, buying clubs and hosting—and only hosting is affected by the war, while analysts expect international sporting federations will return once stability is restored.
28 Articles
28 Articles
Gulf's decades-long strategy of sporting investment rocked by Mideast war - Soccer America
Around 80,000 fans were hoping to see Lionel Messi take on Lamine Yamal in Doha, while thousands more were gearing up for the F1 grands prix in Bahrain and Saudi Arabia, but the war in the Middle East had other plans. The Gulf countries have invested vast sums of money in bringing global sporting events […] The post Gulf’s decades-long strategy of sporting investment rocked by Mideast war appeared first on Soccer America.
Almost 80,000 fans were expected to witness an attractive pulse in Doha between Lionel Messi's Argentina and Lamine Yamal's Spain. Hundreds of thousands of people were also expected for the Bahrain F1 Grand Prix and Saudi Arabia. But the war in the Middle East will not allow it.For years, the Gulf countries have been betting on organizing events, a strategy seen from the outset as a form of diplomacy through sport and even as an attempt to impro…
Nicosia, Cyprus Almost 80,000 fans were going to witness in Doha an attractive pulse between Lionel Messi's Argentina and Lamine Yamal's Spain. Hundreds of thousands of people were also expected for the Bahrain F1 Grand Prix and Saudi Arabia. But the war in the Middle East will not allow it. For years, the Gulf countries have been betting on organizing events, a strategy seen from the start as a form of diplomacy through sport and even as an att…
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