Speculation has been rife over the past few days that Liverpool Football Club will be getting an offer on the table for a potential takeover, with many noises coming out that Qatar will be at the forefront of the buyers.
And now Mansoor bin Ebrahim Al-Mahmoud, the Qatar Investment Authority CEO, has spoken to Bloomberg in an exclusive interview where he talks about the potential in investing in football clubs.
Al-Mahmoud says, “You will not be surprised if we invest in this”. I don’t know about you, but that seems a very clear indication that the QIA are going to be investing in a football club.
Speaking further in the interview he continues, “People are engaged more in sports and digitalisation is making it more attractive to investors.”
For those who are unaware, the Qatar Investment Authority (QIA) is the sovereign wealth fund of the State of Qatar. QIA was established in 2005 to protect and grow Qatar’s financial assets and to diversify the economy.
In his role, Al-Mahmoud is tasked with greater focus on diversification and on investments that have clear ESG goals.
Al-Mahmoud was speaking to Bloomberg at the World Economic Forum summit that is being held in Davos. World leaders are gathered there right now to discuss entrepreneurship in the global public interest while upholding the highest standards of governance.
As reported earlier, with the expectation that Liverpool will be getting a takeover bid and speculation rife that it will emerge from Qatar, this interview will certainly focus more attention to QIA and their footballing plans in the future.
“People are engaged more in sports and digitalization is making it more attractive to investors.”
— Bloomberg Middle East (@middleeast) January 17, 2023