David Rosenthal: belief

Transcript context

…There’s an agreement that they can both come to that keeps everyone happy, Uses this as negotiating leverage, exactly. And I think interests are really aligned here on my prior point around infrastructure. I think the Saudis want to get involved, or sovereign wealth funds generally want to get involved because they see this as a great long-term growth investment. Also investing in this infrastructure, physical infrastructure in India is probably a great long-term growth investment that an investor, like a public investment fund of Saudi Arabia is well set up to make those infrastructure investments. If that happens, there’s certainly plenty of upside on every revenue stream that can come from that. But I think at a minimum, that makes the local stadium real estate revenue streams and almost certainty of happening if the Saudis get involved. It’s interesting, because what do you do with that money? What do you do with billions of dollars if it’s thrust upon just 10 teams?…

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