The Socceroos great has said criticism neglects the fact trade deals exist between Australia and countries like Saudi Arabia and Qatar
Trade deals should be talked about before sponsorship, he saysSocceroos great Tim Cahill has said people who criticise the influx of sovereign wealth into sport neglect the fact trade deals exist between Australia and countries like Saudi Arabia and Qatar.
Governments and government-linked entities from countries including Saudi Arabia, UAE and Qatar have invested billions of dollars into sport but some have drawn criticism for their human rights and development records amid accusations of sportswashing.“We talk about business, we talk about governments, let’s talk about maybe government trade deals before we start talking about sponsorship,” Cahill said.
“I really feel it’s important to know the whole broader ... understanding of global politics and also investment into countries,” Cahill said. Former A-Leagues executive Danny Townsend, who is now chief executive of the PIF-backed SURJ Sports Investments, said his organisation was looking for a return on investments, but the required financial return was not as strict as in an industry such as oil and gas.
Cahill was part of a panel on the state of sport alongside Netball Australia chair Liz Ellis and former chair of the Australian Sports Commission John Wylie. Ellis – whose sport netball does not have gambling sponsorships – said officials needed to think “very carefully” about taking money from sports betting.
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