Leading football figures, investors meet in Dubai to discuss future of sport

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Business leaders and senior football officials met, on the sidelines of World Cup 2022, to discuss the future of sport investment at an event hosted by Investopia in Dubai. (Photo/Investopia)
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Updated 08 December 2022
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Leading football figures, investors meet in Dubai to discuss future of sport

  • Global platform Investopia hosts 10 sessions within context of 2022 World Cup
  • Bernard Caiazzo: Sport has the power to change the world; the World Cup demonstrates this by uniting more than 4 billion people around the globe over four weeks

DUBAI: Global business leaders in sports, football leagues’ senior officials and policymakers on Thursday met to discuss the future of investments in sports at an event hosted by Investopia, the global investment platform, in partnership with World Corporate Summit.

The sessions took place within the context of FIFA World Cup 2022 currently taking place in Qatar, in the presence of Abdulla bin Touq Al-Marri, UAE minister of economy and chairman of Investopia, and Bernard Caiazzo, president of the Global Football Alliance and of WCS.

The event’s 10 sessions covered major topics in the sports business from “Harnessing the Media Power of Sports for Business” to “Creating Global Champions in Sport,” “Achieving Sustainable Development Through Sports,” “Unique Assets: Alternative Opportunities in Sports Finance,” “The Future Now: Innovation in Sport,” “The Intersection of Technology and Health in Sports” and “Building the Smart Stadiums of the Future.”

Mohamed Naser Al-Zaabi, CEO of Investopia, said: “Investopia, the global investment platform, engages with business leaders and decision makers at the global level, in all prominent business events, in order to achieve its vision of creating and leading global dialogues to discuss economic topics, and channel investments toward sectors of the new economies.”

Caiazzo, said: “Sport has the power to change the world. The World Cup demonstrates this by uniting more than 4 billion people around the globe over four weeks.” 

“Investopia: The Future of Sport will bring together decision-makers from the most prestigious professional clubs and leagues major investors and brands to discuss the future of the sector, which has evolved more in the past 10 years than in the previous 30 years, and is on track for tremendous growth over the coming decade,” he added.

Investopia global investment platform is one of the major strategic initiatives under the ‘Projects of the 50’ announced by the UAE government in September 2021 and aims to enhance the exchange of global investment flows in support of sectors of the new economy. 


Bilbao edge Las Palmas to close on Champions League qualification

Updated 26 min 38 sec ago
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Bilbao edge Las Palmas to close on Champions League qualification

  • The Basque side sit fourth with five games to go
  • Bilbao also have a Europa League semifinal against Manchester United to come

BARCELONA: Inaki Williams fired Athletic Bilbao to a 1-0 home win over Las Palmas in La Liga on Wednesday to strengthen their chances of direct qualification for next season’s Champions League.
The Basque side sit fourth with five games to go, eight points clear of fifth-placed Villarreal who suffered a 3-0 defeat at Celta Vigo, also on Wednesday.
Bilbao also have a Europa League semifinal against Manchester United to come, and should they win that they will play the final in their home stadium.
Five La Liga sides qualify for the Champions League this season. Sixth-placed Betis are a point behind Villarreal ahead of their encounter with rock-bottom Valladolid on Thursday.
A fifth-minute goal from the elder Williams brother after he turned a defender in the box and side-footed home with the outside of his boot was enough for all three points.
Bilbao needed two sharp saves from Spain goalkeeper Unai Simon before half-time as relegation-threatened Las Palmas went down fighting.
Barcelona inched closer to the title with a 1-0 win over Mallorca on Tuesday which took them seven points clear of Real Madrid, who play Getafe away later Wednesday.


Rohit, Boult star as Mumbai surge into IPL top four

Updated 23 April 2025
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Rohit, Boult star as Mumbai surge into IPL top four

  • Trent Boult, a left-arm quick, and fellow pace bowler Deepak Chahar ripped apart the top of Hyderabad’s batting order as they collapsed to 35-5 before managing 143-8
  • Five-time champions Mumbai achieved their target with 26 balls and seven wickets to spare after Rohit registered his second successive half-century

HYDERABAD: Star batsman Rohit Sharma smashed 76 and pace bowler Trent Boult claimed 4-26 as Mumbai Indians thrashed Sunrisers Hyderabad to move up to third in the IPL table on Wednesday.
New Zealand’s Boult, a left-arm quick, and fellow pace bowler Deepak Chahar ripped apart the top of Hyderabad’s batting order as they collapsed to 35-5 before managing 143-8.
Five-time champions Mumbai achieved their target with 26 balls and seven wickets to spare after Rohit registered his second successive half-century, smacking eight fours and three sixes in his 46-ball knock to lead the chase.
But the 35-year-old Boult set up victory with his two early wickets and was named player of the match.
“I still love the feeling of competing and getting wickets,” said Boult, who retired from international cricket in 2024.
“It’s a huge tournament, there are hundreds of thousands of bowlers who’d love to do what we’re doing so it’s about not taking it for granted.”
It was Mumbai’s fourth straight win and a victory that propelled them three spots from sixth in the 10-team table led by Gujarat Titans.
Hyderabad, who are captained by Australia’s Pat Cummins, slumped to their sixth loss in eight matches.
“We have a few away games now, it will be about assessing each wicket as quickly as possible,” said Cummins. “Some days it will be all-out attack, some days it will be about weighing our options.”
Rohit and England’s Will Jacks (22) laid the platform for Mumbai in their second-wicket partnership of 64.
Jacks got out but Rohit stood firm to raise his fifty in an another key stand of 53 with Suryakumar Yadav, who made an unbeaten 40 off 19 balls.
The match began with a tribute to the victims of the deadly attack in Kashmir as a minute’s silence was observed and teams wore black armbands in Hyderabad.
Twenty-six men — all Indian except one Nepali — were killed on Tuesday when gunmen burst out of forests at a popular tourist spot in Pahalgam and raked crowds of visitors with automatic weapons.
The Board of Control for Cricket in India (BCCI) took the decision to remove the cheerleaders and put a halt to the celebratory fireworks and music customary at IPL matches, as a mark of respect for the victims.
Boult got Mumbai off to a perfect start by dismissing Australian opener Travis Head for a duck after the left-hander mis-timed a shot to deep backward point.
Chahar had Ishan Kishan caught behind for one in the next over, the batter walking off to a timid appeal with ultra-edge technology later suggesting there was no edge.
Boult and Chahar continued to do damage and accounted for Abhishek Sharma and Nitish Reddy, leaving Hyderabad five down when skipper Hardik Pandya struck in the ninth over.
South Africa’s Heinrich Klaasen hit a 44-ball 71 as he counter-attacked with a string of boundaries and put on 99 runs with impact substitute Abhinav Manohar (43), but the effort was not enough against a rampaging Mumbai.
Klaasen finally became pace bowler Jasprit Bumrah’s 300th T20 wicket when he was caught at deep backward square.
Boult finished with two wickets in the 20th over.


Juve’s top-four dream hits the snooze button in Parma loss

Updated 23 April 2025
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Juve’s top-four dream hits the snooze button in Parma loss

  • Juve sit fifth on 59 points, one behind Bologna who occupy the final Champions League spot
  • The second half unfolded in the same lifeless fashion as the first

MILAN: Juventus stumbled to a 1–0 defeat at Parma on Wednesday, failing to impress with a sleepy performance as they slipped out of the top four with the season now edging toward its conclusion.
Juve sit fifth on 59 points, one behind Bologna who occupy the final Champions League spot, with five rounds remaining. Parma, meanwhile, took a significant step away from the relegation zone and have 31 points — six clear of 18th-placed Venezia.
The first half was a dull affair, with both sides appearing to have already clocked off for an early end-of-season break, drifting through the motions and barely creating any real chances until the final minutes.
Mateo Pellegrino lit up the home crowd right before the break, soaring through the air in first-half stoppage time to meet a looping cross and head the ball with pinpoint precision into the net for the only goal of the match.
The second half unfolded in the same lifeless fashion as the first, with Juve applying some late pressure but failing to find an equalizer.


FIA president Mohammed Ben Sulayem nominates Malcolm Wilson for deputy role

Updated 23 April 2025
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FIA president Mohammed Ben Sulayem nominates Malcolm Wilson for deputy role

  • Federation members will vote in June on whether to endorse the former British Rally champion and founder of M-Sport
  • Malcolm Wilson: There has never been a more exciting time to be in motor sport, and I know first-hand the benefits the sport brings to families and communities across the world

DUBAI: Mohammed Ben Sulayem, president of the Federation Internationale de l’Automobile, has nominated Malcolm Wilson, a leading figure in British motor sport, for the position of deputy president for sport.

The FIA, the global governing body for motor sport and advocacy group for motoring organizations, said on Wednesday that members will vote on the nomination during the federation’s Extraordinary General Assemblies and Conference in Macau in June.

Wilson is the managing director of M-Sport, which has operated Ford’s World Rally program since 1997. Previously he was a highly successful rally driver, who won the British Rally in 1994. He is an honorary member of the British Racing Drivers Club, and in 2009 he was awarded an OBE for services to motor sport in the Queen’s Birthday Honors list.

Under his leadership, M-Sport won the FIA World Rally Championship for Manufacturers in 2006 and 2007 and 2017, and back-to-back driver and co-driver championships in 2017 and 2018. It also served as a technical partner with Bentley Motors, leading the design and development of the Continental GT3 race car, and in electric motor sport with Jaguar in the Ipace eTrophy event.

The deputy president for sport, one of the most senior elected roles within the FIA, serves on the World Motor Sport Council and has a wide range of responsibilities, including development of global motor sport policies in collaboration with FIA commissions and national sporting authorities, and the promotion of safety, sustainability and innovation in the sport.

Ben Sulayem said: “I am delighted to nominate Malcolm Wilson OBE for the role of FIA deputy president for sport. Malcolm has had a distinguished career in global motor sport.

“For over 40 years he has competed at the highest level, both as a driver and technical partner to teams. This experience will be invaluable to the FIA and our member clubs as we continue to grow grassroots and professional motor sport, driving innovation in the sport to benefit fans, drivers and teams.”

Wilson said: “Having started my career in motor sport in the 1970s as a driver and then technical partner to teams, it is a great honor to be nominated for the role of FIA deputy president for sport.

“The FIA has played a central role in my career and I very much look forward to supporting the president and all the FIA family in its important mission. There has never been a more exciting time to be in motor sport, and I know first-hand the benefits the sport brings to families and communities across the world.

“I look forward to working with the president for the duration of his current term of office, bringing our sport to new audiences and ensuring we deliver the very best championships for all our competitors.”


Jeddah gears up for the AFC Champions League Elite finals

Updated 23 April 2025
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Jeddah gears up for the AFC Champions League Elite finals

  • The finals feature seven matches taking place in a new format
  • Al-Hilal and Al-Ahli topped their groups with 22 points each

JEDDAH: Football fans throughout Asia are turning their eyes to Jeddah, as the coastal city known as the Bride of the Red Sea gears up to host the AFC Champions League Elite finals from April 25 to May 3,2025.
The finals feature seven highly anticipated matches taking place in a new format with all matches played in King Abdullah Sports City and Prince Abdullah Al Faisal Sports City.
Saudi clubs secured their places in the final rounds after impressive performances in the group stage. Al-Hilal and Al-Ahli topped their groups with 22 points each, undefeated, while Al-Nassr finished third with 17 points after just one loss.
Four-time Asian champions Al-Hilal SFC of Saudi Arabia will face Gwangju FC from South Korea.
Yokohama F. Marinos of Japan will face Saudi Arabia’s Al-Nassr, with both sides aiming to win the title for the first time.
Saudi Arabia’s Al-Ahli, will be at home to take on Thailand’s Buriram United while Japan’s Kawasaki Frontale will meet 2011 champions Al-Sadd SC of Qatar.
The winners of the Al Hilal-Gwangju tie will meet the winners of the Al Ahli-Buriram clash while the victors of Marinos-Al-Nassr will square off against the Frontale-Al Sadd winner in the semi-finals.
The first quarterfinal is scheduled for April 25, with the second and third last-eight ties on April 26, and the final one to be played on April 27.
The semifinals will be contested on April 29 and 30 with the final at the King Abdullah Sports City Stadium on May 3, with ultimate glory on the line and a record prize worth $12 million.
Portuguese star Cristiano Ronaldo, captain of Al-Nassr, is one of the tournament’s most prominent players and is out to add the AFC Champions League title to his impressive record.
Despite being 40 years old, Ronaldo as scored seven goals to date, proving his value to his team in its bid for the title.
As the matches draw closer, Jeddah is preparing to welcome thousands of fans from across the Kingdom and beyond.

Quarterfinals
Al-Hilal vs. Gwangju FC
Al-Ahli vs. Buriram United
Yokohama F. Marinos vs. Al-Nassr
Kawasaki Frontale vs. Al-Sadd
Semifinals
Al-Hilal or Gwangju FC vs. Al-Ahli or Buriram United
Yokohama F. Marinos or Al-Nassr vs. Kawasaki Frontale or Al-Sadd