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Qatar sheik worth an estimated $60 billion wants to invest in the NRL

El Diablo

Post Whore
Messages
94,107
http://www.adelaidenow.com.au/sport...k=ae1abc079af208cdf10d063a91ed4d1c-1511956985

Qatar sheik worth an estimated $60 billion wants to invest in the NRL

Dean Ritchie, The Daily Telegraph
November 29, 2017 7:00pm

IN what would be a historic game-changer for rugby league, a Qatar sheik worth an estimated $60 billion wants to invest in the NRL.

The Daily Telegraph can exclusively reveal that Sheik Faisal Bin Qassim Al Thani has discussed either sponsoring an NRL club — or simply buying one.

He is the sixth-richest sheik in the world.

“Definitely, money, funding, isn’t an issue for us,” said Dr Khalid Mohammad, who calls himself a “spokesman to his Highness”.

“Rugby league is a very famous game in Australia, UK, New Zealand and all over the world.”

Some may be sceptical but Sheik Faisal’s interest in rugby league is genuine.

Sheik Faisal has befriended an NRL-loving Australian businessman, Michael Ibrahim, who has worked in the Middle East for the past 18 years.

The sheik has already injected money into the Pacific rugby league nations and is proposing a tournament in Doha, Qatar — involving Fiji, Tonga, Samoa and Qatar — late next year.

Ibrahim supplies building material for stadiums to be used in the 2022 Qatar Football World Cup, sells food — meat from Australia and chicken from Brazil — to the Qatar Government and is helping build a resort in Qatar.

Extremely well connected to the Qatar royal family, Ibrahim has direct contact with Sheik Faisal and is encouraging the financial giant to buy into rugby league. And that is exactly what the sheik plans to do.

The Daily Telegraph spoke in-depth about the sheik’s plans for rugby league through his spokesman, Dr Khalid Mohammad.

“I feel personally that this game represents our nation,” Dr Khalid said. “Rugby league is a game of strength, power and strategy.

“In Qatar, we are highly interested in rugby league and brother Michael Ibrahim is a very close friend of ours. We can sponsor the clubs in Australia.

“He told us there are some struggling clubs in Australia and we are willing to buy them with correlation from Michael Ibrahim. He is a very a well-connected man there.

“We can definitely buy and give some support. Sheik Faisal Bin Qassim would be funding all the activities. Definitely it will give us a return in terms of investment.

“Qatar is the wealthiest country in the Islamic world. Money has never been a problem.

“But the main question is how to utilise the money for the fame and coverage you can get.

“People like rugby league in many countries but, for us, it is new. Football is very famous here but rugby league, we want to introduce it into our nation.

“In Qatar, we are preparing for the World Cup and sport is a way of communicating and representing ourselves in the world.

“Michael Ibrahim has already introduced rugby league to us. In fact, we are planning to host a tournament with Tonga, Samoa and Fiji.”

Sheik Faisal’s family wealth is $60 billion, while his personal wealth is around $3 billion.

He owns more than 20 hotels throughout the world and high-end real estate in Qatar. He also sells medical supplies and pharmaceuticals.

Ibrahim, 44, who claims to be “very close” to the royal family, is a Sydney-born rugby league fanatic. He lives between Sydney and Qatar.

“I’m an entrepreneur,” said Ibrahim, who owns a company called Aqeeq Holdings.

“And I’m a massive Dragons fan. I bleed red and white. I have been telling them about our game and they’re not short of a quid.

“Money won’t be an issue for them. Who knows, there may even be another Super League? The money is there.

“This will be a win-win situation. They are a sport-driven country. That’s why they went for the World Cup soccer.

“There would be interest in rugby league in Qatar, they would love it.

“Unfortunately, our clubs don’t see beyond Australia. You’ve got to look elsewhere to find that corporate dollar. Clubs are doing it tough here.”

According to Forbes magazine, Sheik Faisal “has a museum in Doha where he houses more than 15,000 artefacts, including ancient coins, Islamic art and antique cars.”

He owns one of the largest conglomerates in Qatar.
 

Exsilium

First Grade
Messages
9,568
I think they have a great opportunity to consult with the coaches and club chairmen here on LU.

No one knows how to run a club better than you lot...
 

Hello, I'm The Doctor

First Grade
Messages
9,124
This shit is playing with absolute f*cking fire, but these are the sorts of risks RL needs to take to grow...

Obviously this is a PR stunt, but thats not a negative for RL. And, if it is successful, it will show the potential RL has and maybe bring other rich philanthropists looking to get in on the ground floor.
 

beave

Coach
Messages
15,562
Is this Johm Ibrahim’s brother????

If it is, FMD stay away from this shit.
 

Tommy Smith

Referee
Messages
21,344
This shit is playing with absolute f*cking fire, but these are the sorts of risks RL needs to take to grow....
I've never understood the obsession with 'growing' the game internationally.

Any notion that we'll one day be huge in the USA or Asia is just naive. Leave that sort of vanity to the AFL who seem to think that the Guangzhou Gimps will be a viable expansion franchise one day.

Rugby League has most of it's tentacles exactly where they need to be: Australia, NZ, the UK, and the South Pacific.

So let's focus here on consolidating where we need to and expanding where there's genuine interest and opportunity (Perth, Adelaide, PNG). And leave the wasteful Hong Kong style exhibition games to the AFL.
 

Hello, I'm The Doctor

First Grade
Messages
9,124
Having a chance to read more than a few lines, its pretty clear there isnt much meat on this...

The quote are coming from self-proclaimed "friends" of this rich guy. Ill believe it when the man himself or someone officially attached says a single word about this.

I've never understood the obsession with 'growing' the game internationally.

Any notion that we'll one day be huge in the USA or Asia is just naive. Leave that sort of vanity to the AFL who seem to think that the Guangzhou Gimps will be a viable expansion franchise one day.

Rugby League has most of it's tentacles exactly where they need to be: Australia, NZ, the UK, and the South Pacific.

So let's focus here on consolidating where we need to and expanding where there's genuine interest and opportunity (Perth, Adelaide, PNG). And leave the wasteful Hong Kong style exhibition games to the AFL.

Sports can spring up in some unlikely places; who would have though Lebanon would begin to take the game on...

I understand the scepticism around this stuff, but sometimes a bit of ambition is necesary and sometimes a quick-draw is better than a slow, cautious approach.

For example, i dont understand why no one is pushing RL into Indonesia; Pacific nations love it, is it such a stretch to think their neighbours might enjoy it too? And why has the ARL never sent some a team to tour China (obviously the Roos would be overkill, but an U23s Kangaroos team would be great against the extablished RU clubs) Australia is probably the no.1 fetish over here, why not feed RL into that?

Its better to get in early before the majority of consumers are middle-class yuppies. Get the game in now, cement it with the lower classes and reap the benefits when the middle class starts to boom.
 
Messages
11,403
Isnt Qatar on the outtas with rest of the middle east? Anyway if he has cash to splash I say bring on wetnwild!

5a37316aebd7a6a9e6d69e1ed0accfe9
 

POPEYE

Coach
Messages
11,397
Like to see the salary cap police the Shiek's player gratuities . . . sky's the limit on coaching and administration
 

POPEYE

Coach
Messages
11,397
Having a chance to read more than a few lines, its pretty clear there isnt much meat on this...

The quote are coming from self-proclaimed "friends" of this rich guy. Ill believe it when the man himself or someone officially attached says a single word about this.



Sports can spring up in some unlikely places; who would have though Lebanon would begin to take the game on...

I understand the scepticism around this stuff, but sometimes a bit of ambition is necesary and sometimes a quick-draw is better than a slow, cautious approach.

For example, i dont understand why no one is pushing RL into Indonesia; Pacific nations love it, is it such a stretch to think their neighbours might enjoy it too? And why has the ARL never sent some a team to tour China (obviously the Roos would be overkill, but an U23s Kangaroos team would be great against the extablished RU clubs) Australia is probably the no.1 fetish over here, why not feed RL into that?

Its better to get in early before the majority of consumers are middle-class yuppies. Get the game in now, cement it with the lower classes and reap the benefits when the middle class starts to boom.
Golden Boot pisstake right there
 
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