“Don’t disturb Dad playing PS5, XBOX, NS” little son dancing at home George perfunctory interaction
George’s wife posted a video of his son dancing at home yesterday. George is playing NFL games. Daniela he had three children with George, and his son Paul Vuk George was born on October 4, 2021.
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Put on the idol George’s number! The Hornets ranked Miller will wear the NBA on the 24th
Live broadcast bar, June 25 according to the number name record Etienne Catalan, Wasp rookie Brandon Miller will wear the No. 24 jersey to fight in NBA. It is worth mentioning that Miller’s idol Paul George wore the No. 24 jersey before the big injury.
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Cole: Curry once said after losing to the Lakers that the team’s scoring methods were not diverse.
Live Bar, June 25 recently, Warrior coach Cole was interviewed by team Ji Tim Kawakami. According to previous reports, Paul was traded to the Warriors, and the Wizards won Poole, Ryan Rawlings, the first round protected in 2030 and the second round picks in 2027. After Cole talked about losing the Lakers in the second round of the playoffs this season, Curry said at that time: “We don’t have enough diversity in scoring methods.” Cole added: “At that time, all the tactics were to dismantle the high gear of curry. We just can’t create enough things in the whole series. When we are at our best, this team has many excellent passes, many connections, and many people know how to play with Curry and liberate him, or use his “Library has gravity” to lay on the basket or create shooting opportunities on the other side of the court.” “But we have lost some this season, so we hope we can get it again next season. This is what happened against the Lakers. We don’t have various offensive methods. As Stephen said, we have not changed anything.”
夜上海论坛社区
Live Bar, June 25 recently, Warrior coach Cole was interviewed by team Ji Tim Kawakami.
According to previous reports, Paul was traded to the Warriors, and the Wizards won Poole, Ryan Rawlings, the first round protected in 2030 and the second round picks in 2027.
After Cole talked about losing the Lakers in the second round of the playoffs this season, Curry said at that time: “We don’t have enough diversity in scoring methods.”
Cole added: “At that time, all the tactics were to dismantle the high gear of curry. We just can’t create enough things in the whole series. When we are at our best, this team has many excellent passes, many connections, and many people know how to play with Curry and liberate him, or use his “Library has gravity” to lay on the basket or create shooting opportunities on the other side of the court.”
“But we have lost some this season, so we hope we can get it again next season. This is what happened against the Lakers. We don’t have various offensive methods. As Stephen said, we have not changed anything.”
Media person: Zhou Qi framed me for money! Zhou Qi Kaiqi: the old aunt who licked her face blacklisted me
Live broadcast bar, June 28 recently, the media person @ Lan Yin’s reason posted a message about the transfer of Qi Zhou. Later, Zhou Qi appeared in the comment area and expanded the “alignment” with @ Lan Yin’s cause “. Background reading>> media person: Zhou Qi joining Liaoning is beneficial to the development of Northeast China Zhou Qi: Russia-Ukraine conflict or I will go too Media person: the player is smart. You are an accident. Zhou Qi: my acting skills are not good. You will cry if you don’t Yesterday, the media person @ Lan Yin’s reason once again issued a blog and wrote in an accompanying article: “I thought it was shameless for you to say with rhythm that I delayed the training of national team players. Unexpectedly, I didn’t want to come to Liaoning and want to dump the pot on me. This is for money and everything is available! The fans are not stupid. You can understand money as a name for profit, but frame others! This is a quality problem!!” Today, Zhou Qi carried the keyboard again and forwarded the original text. He wrote, “Hahahahahahaha, did you blacklist me, old aunt?? Say I’m for money, right? Is this what Guo taught you? How can you lick your face and talk about mine if you take it? Don’t comment, this is all traffic, don’t you want it? It seems that it is really given too much, and the traffic is not needed. Quite old. Ha ha ha ha ha ha ha.”
夜上海论坛社区
Live broadcast bar, June 28 recently, the media person @ Lan Yin’s reason posted a message about the transfer of Qi Zhou. Later, Zhou Qi appeared in the comment area and expanded the “alignment” with @ Lan Yin’s cause “.
Background reading>> media person: Zhou Qi joining Liaoning is beneficial to the development of Northeast China Zhou Qi: Russia-Ukraine conflict or I will go too
Media person: the player is smart. You are an accident. Zhou Qi: my acting skills are not good. You will cry if you don’t
Yesterday, the media person @ Lan Yin’s reason once again issued a blog and wrote in an accompanying article: “I thought it was shameless for you to say with rhythm that I delayed the training of national team players. Unexpectedly, I didn’t want to come to Liaoning and want to dump the pot on me. This is for money and everything is available! The fans are not stupid. You can understand money as a name for profit, but frame others! This is a quality problem!!”
Today, Zhou Qi carried the keyboard again and forwarded the original text. He wrote, “Hahahahahahaha, did you blacklist me, old aunt?? Say I’m for money, right? Is this what Guo taught you? How can you lick your face and talk about mine if you take it? Don’t comment, this is all traffic, don’t you want it? It seems that it is really given too much, and the traffic is not needed. Quite old. Ha ha ha ha ha ha ha.”
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Bill: we have become the “Target team” in the league. I will do my best every night.
Bill played for the wizard before joining the Sun Live Bar, June 30 -sun held a press conference for new bill today, and Bill was also interviewed by the live media. When talking about joining the Sun, Bill said, “I think this is one of the decisive factors that affect my coming here because I know that every night, I will participate in an important competition. Every night, I may have the opportunity to live on TV. The rival team will show the best performance against us. I am looking forward to such a challenge. We have become the target team in the league. Every night, I have to tie my shoelaces and go all out.”
夜上海论坛社区
Bill played for the wizard before joining the Sun
Live Bar, June 30 -sun held a press conference for new bill today, and Bill was also interviewed by the live media.
When talking about joining the Sun, Bill said, “I think this is one of the decisive factors that affect my coming here because I know that every night, I will participate in an important competition. Every night, I may have the opportunity to live on TV. The rival team will show the best performance against us. I am looking forward to such a challenge. We have become the target team in the league. Every night, I have to tie my shoelaces and go all out.”
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Net note: Royce O’Neal’s $9.5 million annual salary is only 2.5 million guaranteed before July 10
Live broadcast bar, June 30 according to basketable nets reporter Kristian Winfield, Royce O’Neal’s annual salary of $9.5 million was only 2.5 million guaranteed before July 10. In the 2022-23 season, Royce O’Neal played 74 regular season matches, averaging 8.8 points 5.1 rebounds 3.7 assists, with a 3-point shooting rate. ****************************************************************************************************
夜上海论坛社区
Live broadcast bar, June 30 according to basketable nets reporter Kristian Winfield, Royce O’Neal’s annual salary of $9.5 million was only 2.5 million guaranteed before July 10.
In the 2022-23 season, Royce O’Neal played 74 regular season matches, averaging 8.8 points 5.1 rebounds 3.7 assists, with a 3-point shooting rate.
****************************************************************************************************
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Middle East local tyrants, finally want to start with NBA?
This is a piece of news with little popularity during the transfer period of the draft, but it may become a symbol affecting the development of NBA and North American sports in the next decade or two. Qatar Investment Authority (hereinafter referred to as QIA) officially took a stake in Washington Wizards to acquire 5% equity shares of Monumental Sports & Entertainment (hereinafter referred to as MSE), the parent company of Wizards, it became the first sovereign fund to invest in the mainstream League of the United States. It is understood that the investment amount of QIA is about 4 billion (for the convenience of reading, the monetary unit of this article is US dollars), and the assets owned by MSE include not only Wizards, but also the Washington capital team (NHL), mystery Team (WNBA), First Capital stadium and sports media company MSN (with NBC Sports Washington Channel). In recent years, it is not new for private equity or sovereign funds to enter the sports track, but QIA’s stake in NBA is quite interesting. You know, not long ago, NBA president Xiao Hua talked about the double-edged sword effect of “Middle East investment” on sports events in an interview. Of course, he is not talking about Qatar, but Saudi Arabia, which may be one of Qatar’s biggest competitors in the Middle East, and Saudi Arabia’s sovereign Fund (PIF) recent high-profile activities in the United States: Merging the two major golf events of PGA and LIV. Xiao Hua’s comments were very cautious. He first indicated that NBA did not get any investment intention from Saudi Arabia. In addition, he also tried his best to dilute the criticism from the outside world and the contradiction stirred up by the political situation in the United States: “Saudi investment in sports always attracts too much attention, but this is not a big problem…… They have always invested in our largest enterprise group in the United States, including some familiar brands…… I am think that this is a double-edged sword effect.” “I know someone has dismissed it as sports whitening (sportswashing). It will be known after watching last year’s World Cup. Therefore, Qatar has become the target of public criticism. This made people understand these countries and the something happening in the world, and the media played an important role in it, “Xiao Hua said. “In terms of NBA alone, we have been on the road of globalization. I think now everyone is a little too ignoring the role of creating common ties for sports. Our finals are broadcast live all over the world, and there are countless basketball fans around the world. Basketball is definitely a good opportunity to promote unity.” Xiao Hua and NBA officials have repeatedly stated that Qi will not participate in any Wizard operation, and it is impossible for any fund investing in NBA to get such authority in the future. “We hope to bring this game to a place that has never been touched, the Middle East is one of them.” Xiao Hua said. However, some of the public opinions that PGA suffered were in the front, and NBA had already been condemned for playing preseason in UAE. The introduction of Qatar capital must bear some scrutiny. In fact, the changes in the rules that allow the fund to invest and the review of QIA’s stake in wizards can only be passed by the vote of 30 team owners. It is said that NBA is a business with steady profits and no compensation. Why do bosses distribute this good business to “outsiders”-or outsiders whose value positions are out of place, the doorway is not simple. Since the new relay contract came into effect in 2016, NBA bosses have deeply realized the so-called “Troubles of the rich”. On the one hand, the market value of the team has risen, but on the other hand, the difficulty of equity flow is also increasing. To become an NBA boss, individuals must hold a large amount of capital and pay most (even all) of the equity in cash, which basically cannot rely on leverage. In order to broaden the overall flow pool of small shareholders, bring more growth capital to shareholders and realize more efficiently, Xiao Hua sent a memorandum to the bosses of various teams at the end of 2019, suggesting that private equity investment be approved. By the next year, the board of directors voted to pass the resolution, making NBA the first mainstream alliance in the United States to allow private equity investment. After that, MHL, MLB and SLS all followed suit. American Capital is eating professional clubs overseas, but domestic sports circles are very conservative to foreign investment. NFL has not opened private equity fund access so far. NBA is a pioneer, which is also a change in the operation direction after Xiao Hua succeeded Stern. The rules introduced by NBA at that time required that the equity acquired by the shareholder should not exceed 20%; At the same time, the shareholding ratio of institutional investors of any team should not exceed 30%. By 2022, NBA relaxed restrictions again, allowing pension funds, university funds, endowment funds, family financial offices and sovereign wealth funds to take shares. In the past two years, Dyal Homecourt and Arctos Sports Partners, which were approved by NBA, quickly raised money to invest in multiple teams, including warriors, kings, Sun, Eagles, jazz and 76 people, spurs 20% of the shares were also acquired by Sixth Street, an investment bank. Naturally, these investors have to go through strict examination. For example, Dyal (affiliated to blue owl capital) has deep cooperation and interest relationship with NBA, NBA will charge management fees according to a certain proportion of its fund investment, and also draw them from the fund’s incentive income distribution. Dyal acquired less than 5 percent of the shares of Sun in 2021, which is calculated based on the valuation of 1.55 billion teams, with a total investment of about 77.5 million. Now we all know that the Sun sold at a record high price of 4 billion, and we can imagine how amazing the return rate of this investment is. It seems understandable that Jordan chose to cash out at a high level and sell the wasps at a high price of 3 billion. The admission of private equity funds will further push up the market value of the team, such as the Knicks Lakers (although the probability of transfer or dilution of equity between Dolan and Bass families is close to zero) the transaction value has been horrible to unimaginable-last year, the purchase price of 27 percent of the Lakers’ equity has exceeded 5 billion. An anonymous boss said, “the investment cycle of most funds is five to ten years, but NBA is different. Few equity holders really want to sell. NBA teams are always suitable for long-term investment. These funds will be held for 20 to 30 years, and their investors believe that the market value of the team will continue to rise.” “Think about it, after 10 to 15 years, the market value of some teams may exceed 10 billion, 15 billion or even 20 billion,” said Andrew Polland, chief operating officer of Blue Owl Capital. “There are not many bosses who can reach this level.” The NBA team valuation made by American media is also at the lowest level of one billion. Because at present, the shareholders who acquire the majority of the team are basically composed of a consortium of up to 25 people. The entry of institutional investors can also allow NBA to limit the number of minority shareholders of each team and clean up the ownership structure, reduce a lot of trouble and confusion for big bosses who hold the right of clapping. Those fund types that Americans know the truth and are stable can naturally rest assured, but foreign sovereign funds are different. Especially considering that the sovereign wealth fund, which is currently the largest in the world and also invests heavily in professional sports, belongs to PIF and QIA. The Middle East tyrants behind this have touched many sensitive nerves of the United States. Qatar has always been famous for being rich in small countries. QIA was founded in 2005 with 450 billion assets under management, covering finance, industry and real estate, including London stock exchange, credit transfer, Barclays and Deutsche Bank, Volkswagen and Empire State Building. Not long ago, QIA also participated in Musk’s acquisition of Twitter, providing 0.375 billion funds for it. Qatar Sports Investments is a subsidiary of QIA and the sole owner of the greater Paris club. Nasser Ben Ganim halifi, chairman of Qatar Sports Investment Company The layout of investment in the United States is the top priority of QIA. It opened a New York office in 2015, waving tens of billions of dollars of checks with ambition. In Washington, its CityCenterDC development project has been put into construction, and the site is located near the home court of Wizards. While investing in the parent company of Wizards is nothing more than doing as the Romans do, and they want to rely on sports to get closer to the local core power circle. PIF has a larger scale with a history of more than 40 years and more than 600 billion funds under management. However, it was not until 2014 that saudi crown prince mohammed ben salman became the actual controller that he began to be active in the world, from Boeing to Facebook to SoftBank to Disney and even game companies like Nintendo, PIF’s large investment can be seen. The purpose of the global expansion of the sovereign funds of Qatar and Saudi Arabia is very realistic: everything is exhausted for oil wells (or the world gradually gets rid of its dependence on oil), create jobs and prepare for economic growth. However, compared with QIA’s low-key efforts in Washington, PIF’s two major sports investments in Newcastle United and PGA have caused a lot of criticism and resistance. At that time, 19 clubs in the Premier League boycotted against the acquisition of PIF; And the internal positions of PGA were also polarized. When PIF set up a Golf investment department and launched its own professional tour LIV Golf, hard to hit the money and rob people to fight against PGA. Many players still wavered in the face of nearly double the bonus. Some people also signed a 100 million-yuan sky-high contract, but benchmark figures like Tiger Woods, the opposition attitude was extremely fierce, and even rejected nearly 1 billion digger offers. At the beginning, the chairman of PGA, Monahan (who once served as an executive in Fenway Sports Group, which was a sports capital giant with LeBlanc’s stake), also bounced on the angle-digging behavior of LIV, suggesting that players who see money will bear the “human rights stain” of the Saudi government, but after secretly reaching a merger agreement with LIV, he said: “I know someone will definitely scold I am hypocrites, but the plan is really unable to catch up with the change.” Now Monahan has been scolded to resign, and the PGA, which was originally problematic at the operational level, has attracted both the US legislation (Senate Committee on Homeland Security and Government Affairs) and the administrative (Department of Justice) Department to investigate. Monahan The biggest apparent motive of the investigation-which can also be called as the motive in line with procedural justice-is anti-monopoly, because the merger of the two major events may lead to the reduction of matches and salary, thus damaging the interests of players and fans. At the same time, as a tax-free non-profit organization, PGA accepts foreign investment and lets PIF intervene in operation, which will certainly lead to doubts that foreign governments may directly benefit from the tax-free policy of the United States. As for the motivation that is not so consistent with procedural justice, it is still related to political stance. This should start from the murder of kasuji in 2018. The fugitive journalist criticized Saudi Arabia and the Crown Prince many times and was mutilated and murdered in the Saudi consulate in Turkey, shocking the world. Although Ben Salman denied that he had ordered the killing, the confidential documents disclosed by the United States showed that the two private planes taken by the agent team who tortured kasugi belonged to the airlines under PIF. In addition, PIF also has close ties with former US President Trump and his son-in-law Kushner. Trump not only maintained the crown prince in the casuji case, but also praised the merger of PGA and LIV recently. Just two years ago, PIF invested 2 billion yuan in Kushner’s newly established private equity company (a year later, the company’s total management funds were 2.5 billion, all relying on Saudi Arabia). During the US presidential election in 2020, Biden once spurned the crown prince, saying that he must be isolated to the end. However, Biden’s attitude towards Saudi Arabia gradually softened when he was in office. Now it seems that his harsh words in those years were not so much a demonstration to the outside world as a pretext to fight against political enemies internally. In contrast, Qatar did not encounter so many obstacles. Apart from the different attitudes of Americans towards the two countries, the most important thing was the issue of control. NBA does not give QIA any control and does not allow it to participate in any operation and business decisions. Therefore, Qicai has a new shareholder and will not have any impact on the products on the NBA table, american fans don’t even have to bother to choose a position of resistance or support. Excited welcome Saudi Arabia’s money-smashing Newcastle fans wearing headscarves cosplay has caused controversy “If you want to run the league successfully, you must actively innovate,” said Ian Charles, founder of Arctos Sports Fund, who has gained nearly 70% of management assets in the past year and has already taken shares in four NBA teams. “Our job is to help NBA and its boss achieve growth innovation.” As the NBA Butler, it is not easy for Xiao Hua to maintain the rapid growth and expansion of Stern era and possibly more important stability in the current unpredictable international situation. But it is undeniable that in the last 20 years, the “financial (or capital) attribute” of professional sports “, perhaps it has obviously surpassed the” sports attribute “that determines its own definition in the hearts of the public-of course, for the bosses standing at the front desk of the capital, this may not matter at all, after all, this” game “and the” game “in” I love this game “may not be the same thing for a long time. Welcome to our wechat public number “Houchang Village sports team” to see, there are more NBA, CBA related archaeology, comments and character content>> (Text/kewell)
夜上海论坛社区This is a piece of news with little popularity during the transfer period of the draft, but it may become a symbol affecting the development of NBA and North American sports in the next decade or two.
Qatar Investment Authority (hereinafter referred to as QIA) officially took a stake in Washington Wizards to acquire 5% equity shares of Monumental Sports & Entertainment (hereinafter referred to as MSE), the parent company of Wizards, it became the first sovereign fund to invest in the mainstream League of the United States.
It is understood that the investment amount of QIA is about 4 billion (for the convenience of reading, the monetary unit of this article is US dollars), and the assets owned by MSE include not only Wizards, but also the Washington capital team (NHL), mystery Team (WNBA), First Capital stadium and sports media company MSN (with NBC Sports Washington Channel).
In recent years, it is not new for private equity or sovereign funds to enter the sports track, but QIA’s stake in NBA is quite interesting. You know, not long ago, NBA president Xiao Hua talked about the double-edged sword effect of “Middle East investment” on sports events in an interview. Of course, he is not talking about Qatar, but Saudi Arabia, which may be one of Qatar’s biggest competitors in the Middle East, and Saudi Arabia’s sovereign Fund (PIF) recent high-profile activities in the United States: Merging the two major golf events of PGA and LIV.
Xiao Hua’s comments were very cautious. He first indicated that NBA did not get any investment intention from Saudi Arabia. In addition, he also tried his best to dilute the criticism from the outside world and the contradiction stirred up by the political situation in the United States: “Saudi investment in sports always attracts too much attention, but this is not a big problem…… They have always invested in our largest enterprise group in the United States, including some familiar brands…… I am think that this is a double-edged sword effect.”
“I know someone has dismissed it as sports whitening (sportswashing). It will be known after watching last year’s World Cup. Therefore, Qatar has become the target of public criticism. This made people understand these countries and the something happening in the world, and the media played an important role in it, “Xiao Hua said.
“In terms of NBA alone, we have been on the road of globalization. I think now everyone is a little too ignoring the role of creating common ties for sports. Our finals are broadcast live all over the world, and there are countless basketball fans around the world. Basketball is definitely a good opportunity to promote unity.”
Xiao Hua and NBA officials have repeatedly stated that Qi will not participate in any Wizard operation, and it is impossible for any fund investing in NBA to get such authority in the future. “We hope to bring this game to a place that has never been touched, the Middle East is one of them.” Xiao Hua said.
However, some of the public opinions that PGA suffered were in the front, and NBA had already been condemned for playing preseason in UAE. The introduction of Qatar capital must bear some scrutiny.
In fact, the changes in the rules that allow the fund to invest and the review of QIA’s stake in wizards can only be passed by the vote of 30 team owners.
It is said that NBA is a business with steady profits and no compensation. Why do bosses distribute this good business to “outsiders”-or outsiders whose value positions are out of place, the doorway is not simple.
Since the new relay contract came into effect in 2016, NBA bosses have deeply realized the so-called “Troubles of the rich”. On the one hand, the market value of the team has risen, but on the other hand, the difficulty of equity flow is also increasing. To become an NBA boss, individuals must hold a large amount of capital and pay most (even all) of the equity in cash, which basically cannot rely on leverage.
In order to broaden the overall flow pool of small shareholders, bring more growth capital to shareholders and realize more efficiently, Xiao Hua sent a memorandum to the bosses of various teams at the end of 2019, suggesting that private equity investment be approved. By the next year, the board of directors voted to pass the resolution, making NBA the first mainstream alliance in the United States to allow private equity investment. After that, MHL, MLB and SLS all followed suit.
American Capital is eating professional clubs overseas, but domestic sports circles are very conservative to foreign investment. NFL has not opened private equity fund access so far. NBA is a pioneer, which is also a change in the operation direction after Xiao Hua succeeded Stern.
The rules introduced by NBA at that time required that the equity acquired by the shareholder should not exceed 20%; At the same time, the shareholding ratio of institutional investors of any team should not exceed 30%. By 2022, NBA relaxed restrictions again, allowing pension funds, university funds, endowment funds, family financial offices and sovereign wealth funds to take shares.
In the past two years, Dyal Homecourt and Arctos Sports Partners, which were approved by NBA, quickly raised money to invest in multiple teams, including warriors, kings, Sun, Eagles, jazz and 76 people, spurs 20% of the shares were also acquired by Sixth Street, an investment bank.
Naturally, these investors have to go through strict examination. For example, Dyal (affiliated to blue owl capital) has deep cooperation and interest relationship with NBA, NBA will charge management fees according to a certain proportion of its fund investment, and also draw them from the fund’s incentive income distribution.
Dyal acquired less than 5 percent of the shares of Sun in 2021, which is calculated based on the valuation of 1.55 billion teams, with a total investment of about 77.5 million. Now we all know that the Sun sold at a record high price of 4 billion, and we can imagine how amazing the return rate of this investment is. It seems understandable that Jordan chose to cash out at a high level and sell the wasps at a high price of 3 billion.
The admission of private equity funds will further push up the market value of the team, such as the Knicks Lakers (although the probability of transfer or dilution of equity between Dolan and Bass families is close to zero) the transaction value has been horrible to unimaginable-last year, the purchase price of 27 percent of the Lakers’ equity has exceeded 5 billion.
An anonymous boss said, “the investment cycle of most funds is five to ten years, but NBA is different. Few equity holders really want to sell. NBA teams are always suitable for long-term investment. These funds will be held for 20 to 30 years, and their investors believe that the market value of the team will continue to rise.”
“Think about it, after 10 to 15 years, the market value of some teams may exceed 10 billion, 15 billion or even 20 billion,” said Andrew Polland, chief operating officer of Blue Owl Capital. “There are not many bosses who can reach this level.”
The NBA team valuation made by American media is also at the lowest level of one billion.
Because at present, the shareholders who acquire the majority of the team are basically composed of a consortium of up to 25 people. The entry of institutional investors can also allow NBA to limit the number of minority shareholders of each team and clean up the ownership structure, reduce a lot of trouble and confusion for big bosses who hold the right of clapping.
Those fund types that Americans know the truth and are stable can naturally rest assured, but foreign sovereign funds are different. Especially considering that the sovereign wealth fund, which is currently the largest in the world and also invests heavily in professional sports, belongs to PIF and QIA. The Middle East tyrants behind this have touched many sensitive nerves of the United States.
Qatar has always been famous for being rich in small countries. QIA was founded in 2005 with 450 billion assets under management, covering finance, industry and real estate, including London stock exchange, credit transfer, Barclays and Deutsche Bank, Volkswagen and Empire State Building. Not long ago, QIA also participated in Musk’s acquisition of Twitter, providing 0.375 billion funds for it. Qatar Sports Investments is a subsidiary of QIA and the sole owner of the greater Paris club.
Nasser Ben Ganim halifi, chairman of Qatar Sports Investment Company
The layout of investment in the United States is the top priority of QIA. It opened a New York office in 2015, waving tens of billions of dollars of checks with ambition. In Washington, its CityCenterDC development project has been put into construction, and the site is located near the home court of Wizards. While investing in the parent company of Wizards is nothing more than doing as the Romans do, and they want to rely on sports to get closer to the local core power circle.
PIF has a larger scale with a history of more than 40 years and more than 600 billion funds under management. However, it was not until 2014 that saudi crown prince mohammed ben salman became the actual controller that he began to be active in the world, from Boeing to Facebook to SoftBank to Disney and even game companies like Nintendo, PIF’s large investment can be seen.
The purpose of the global expansion of the sovereign funds of Qatar and Saudi Arabia is very realistic: everything is exhausted for oil wells (or the world gradually gets rid of its dependence on oil), create jobs and prepare for economic growth.
However, compared with QIA’s low-key efforts in Washington, PIF’s two major sports investments in Newcastle United and PGA have caused a lot of criticism and resistance.
At that time, 19 clubs in the Premier League boycotted against the acquisition of PIF; And the internal positions of PGA were also polarized. When PIF set up a Golf investment department and launched its own professional tour LIV Golf, hard to hit the money and rob people to fight against PGA. Many players still wavered in the face of nearly double the bonus. Some people also signed a 100 million-yuan sky-high contract, but benchmark figures like Tiger Woods, the opposition attitude was extremely fierce, and even rejected nearly 1 billion digger offers.
At the beginning, the chairman of PGA, Monahan (who once served as an executive in Fenway Sports Group, which was a sports capital giant with LeBlanc’s stake), also bounced on the angle-digging behavior of LIV, suggesting that players who see money will bear the “human rights stain” of the Saudi government, but after secretly reaching a merger agreement with LIV, he said: “I know someone will definitely scold I am hypocrites, but the plan is really unable to catch up with the change.”
Now Monahan has been scolded to resign, and the PGA, which was originally problematic at the operational level, has attracted both the US legislation (Senate Committee on Homeland Security and Government Affairs) and the administrative (Department of Justice) Department to investigate.
Monahan
The biggest apparent motive of the investigation-which can also be called as the motive in line with procedural justice-is anti-monopoly, because the merger of the two major events may lead to the reduction of matches and salary, thus damaging the interests of players and fans. At the same time, as a tax-free non-profit organization, PGA accepts foreign investment and lets PIF intervene in operation, which will certainly lead to doubts that foreign governments may directly benefit from the tax-free policy of the United States.
As for the motivation that is not so consistent with procedural justice, it is still related to political stance. This should start from the murder of kasuji in 2018. The fugitive journalist criticized Saudi Arabia and the Crown Prince many times and was mutilated and murdered in the Saudi consulate in Turkey, shocking the world. Although Ben Salman denied that he had ordered the killing, the confidential documents disclosed by the United States showed that the two private planes taken by the agent team who tortured kasugi belonged to the airlines under PIF.
In addition, PIF also has close ties with former US President Trump and his son-in-law Kushner. Trump not only maintained the crown prince in the casuji case, but also praised the merger of PGA and LIV recently. Just two years ago, PIF invested 2 billion yuan in Kushner’s newly established private equity company (a year later, the company’s total management funds were 2.5 billion, all relying on Saudi Arabia).
During the US presidential election in 2020, Biden once spurned the crown prince, saying that he must be isolated to the end. However, Biden’s attitude towards Saudi Arabia gradually softened when he was in office. Now it seems that his harsh words in those years were not so much a demonstration to the outside world as a pretext to fight against political enemies internally.
In contrast, Qatar did not encounter so many obstacles. Apart from the different attitudes of Americans towards the two countries, the most important thing was the issue of control.
NBA does not give QIA any control and does not allow it to participate in any operation and business decisions. Therefore, Qicai has a new shareholder and will not have any impact on the products on the NBA table, american fans don’t even have to bother to choose a position of resistance or support.
Excited welcome Saudi Arabia’s money-smashing Newcastle fans wearing headscarves cosplay has caused controversy
“If you want to run the league successfully, you must actively innovate,” said Ian Charles, founder of Arctos Sports Fund, who has gained nearly 70% of management assets in the past year and has already taken shares in four NBA teams. “Our job is to help NBA and its boss achieve growth innovation.”
As the NBA Butler, it is not easy for Xiao Hua to maintain the rapid growth and expansion of Stern era and possibly more important stability in the current unpredictable international situation.
But it is undeniable that in the last 20 years, the “financial (or capital) attribute” of professional sports “, perhaps it has obviously surpassed the” sports attribute “that determines its own definition in the hearts of the public-of course, for the bosses standing at the front desk of the capital, this may not matter at all, after all, this” game “and the” game “in” I love this game “may not be the same thing for a long time.
Welcome to our wechat public number “Houchang Village sports team” to see, there are more NBA, CBA related archaeology, comments and character content>>
(Text/kewell)
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Bill: Booker and I can both initiate and end, so we won’t distinguish who plays the point guard and who scores the guard.
Live broadcast, June 30 -sun held a press conference for bill today. At the meeting, Bill talked about the division of tasks between him and Booker. Bill said: “This question must ask the head coach what we should do, but I think it is very free. I don’t think there is any strict division in our position. He (Booker) I can attack or shoot, and I can do the same thing. Therefore, it will not distinguish who plays the control guard and who scores the guard. This can be done at random, and whoever has the chance will come.”
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Live broadcast, June 30 -sun held a press conference for bill today. At the meeting, Bill talked about the division of tasks between him and Booker.
Bill said: “This question must ask the head coach what we should do, but I think it is very free. I don’t think there is any strict division in our position. He (Booker) I can attack or shoot, and I can do the same thing. Therefore, it will not distinguish who plays the control guard and who scores the guard. This can be done at random, and whoever has the chance will come.”
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Can you extend your luck to Hughes ton? Van frit media sun son
During the 2019 finals, Van frit’s son Fred van frit, who was born, magically helped his father turn around. Today, Van frit updated the media to show his son’s photo on the stadium. Can Xiao Fan frit, who is now 4 years old, help his father bring good luck to Houston?
夜上海论坛社区During the 2019 finals, Van frit’s son Fred van frit, who was born, magically helped his father turn around.
Today, Van frit updated the media to show his son’s photo on the stadium. Can Xiao Fan frit, who is now 4 years old, help his father bring good luck to Houston?
Warrior stageCome if you are short enough. Come if you are short enough
The Warrior team has 7 defenders
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The Warrior team has 7 defenders
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Qiao Shuai was satisfied with the performance of the team members and praised the hardware of Qingdao base.
Today, China’s men’s basketball public training course was open to the media. More than 20 media and more than 50 journalists participated in this activity and interviewed the head coach and some players, and observed the public training of national men’s basketball. Coach Qiao erjievich was very satisfied with the performance and status of the players, and also spoke highly of the hardware facilities and security team of Qingdao Guoxin basketball training base. The training base will continue to provide high-quality guarantee and service for the national men’s basketball to ensure the successful conclusion of this training.
夜上海论坛社区 
Today, China’s men’s basketball public training course was open to the media. More than 20 media and more than 50 journalists participated in this activity and interviewed the head coach and some players, and observed the public training of national men’s basketball.
Coach Qiao erjievich was very satisfied with the performance and status of the players, and also spoke highly of the hardware facilities and security team of Qingdao Guoxin basketball training base. The training base will continue to provide high-quality guarantee and service for the national men’s basketball to ensure the successful conclusion of this training.
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Downs: I left the ring finger to the championship ring
Live Bar, June 29th recently, Downs was interviewed by GQ reporters. In the interview, Downs pointed to his left ring finger and said, “I leave the position of this finger to the championship ring.” “I won at all levels of competition, except for college, which is a pity. But we did something special and created a lot of history. Did I say that my college career failed because I didn’t win the college championship? I don’t know if I can call it failure. I became the number one, took care of my family, created opportunities, and became an example for those children around me who thought NBA was out of reach. I don’t know if I can say these are failures.” Downs added.
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Live Bar, June 29th recently, Downs was interviewed by GQ reporters.
In the interview, Downs pointed to his left ring finger and said, “I leave the position of this finger to the championship ring.”
“I won at all levels of competition, except for college, which is a pity. But we did something special and created a lot of history. Did I say that my college career failed because I didn’t win the college championship? I don’t know if I can call it failure. I became the number one, took care of my family, created opportunities, and became an example for those children around me who thought NBA was out of reach. I don’t know if I can say these are failures.” Downs added.
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