Who are the Qatar Investment Authority and how much money do they have?
Football club ownership has never quite been a bigger topic than it is right now.
The takeover of clubs such as Manchester City, Paris Saint-Germain and Newcastle United by Middle Eastern wealth, as well as the disappearance of a club like Bury, means that fans are now much more attuned to what an owner can bring, and what they can take away.
The latest major news in elite football surrounding owners is that Liverpool and Manchester United, two of the biggest clubs in the world, are essentially up for sale. That means all types of wealth have been linked with a purchase of either club, or even both. Tottenham Hotspur are also said to be a possible purchase.
One group that has been linked heavily with both clubs is the QIA (Qatar Investment Authority). Here is an explainer on what that is and how much money it possesses.
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The QIA is a sovereign wealth fund located in Doha, the capital of Qatar. It was founded back in 2005. It was founded by the state of Qatar in order to strengthen the country’s economy. By having a separate wealth fund, the country can indirectly involve itself in other forms of business, such as owning a successful sports team.
It is not dissimilar in principle to the Saudi Arabian Public Investment Fund which purchased Newcastle United.
The chief executive of the QIA, Mansoor bin Ebrahim Al-Mahmoud admitted moving into football is a very possible venture for the fund. Their website says that it is a ‘global investment organization, with investments spanning all major global markets, asset classes, sectors and geographies’.
When talking to Bloomberg, Al-Mahmoud said: “Football, the clubs and the sport is becoming very commercialised in a way – especially now fans are looking into this as an experience so they would like to and experience and entertain themselves.
“At the same time, digitalisation is becoming very important for this. So the business model of these institutions is becoming very commercialised and very investment friendly. You will not be surprised if we invest in this.
“We have not made our mind yet but this is a very commercially-driven decision that we go through. And, again, sports is becoming a very important theme as well, people are engaged more in a sport and digitalisation is making it more attractive to investors.”
It is stated by the Sovereign Wealth Fund Institute that QIA possesses assets that are currently worth $475,000,000,000 (£379bn). With that money, some of their investments include Twitter and London department store Harrods.
Much was made about how Newcastle’s owner’s wealth dwarfed that of Manchester City, but QIA have got even more than the Saudi Arabian PIF. They are worth around $430bn.
It is believed their current interest in Premier League clubs is based on buying a minority stake, but that situation can often lead to a full purchase further down the road. What makes their links to the Premier League even more interesting is that QIA is the over-arching body behind Paris Saint-Germain’s ownership.
PSG is owned by Qatar Sports Investments, which is a subsidiary of QIA. These are the blurred lines that are created by attempted sports-washing. PSG will say QSI is not the same thing as the Qatari leadership, but it is all a part of the same machine, meaning nation states are effectively owning football clubs.
Leah Galton makes landmark 100th Man Utd appearance
Leah Galton made her milestone 100th Manchester United appearance in the club’s 4-0 win against West Ham at Old Trafford on Women’s Football Weekend.
Galton, who was one of the club’s original recruits when a first-team squad was reformed in 2018, is the fourth United player to get to the century mark after Ella Toone, Katie Zelem and Millie Turner, the latter reaching her 100th appearance in last month’s trip to Tottenham.
Galton has been a hugely important player for United since the early days in the Women’s Championship. She had fallen out of love with football after a brief spell at Bayern Munich but credits former Red Devils boss Casey Stoney for helping her find that love again.
“Casey was the one that got me back into football and got me enjoying it because I wasn’t playing when she called me to come and join the United team,” the 28-year-old explained in an interview with United’s official matchday programme for the West Ham game.
“She had to give me some harsh words to make my mentality shift because I think for a while I wasn’t really connected. But I’ll always thank her for that.”
In the same interview, Galton added that it was initially ‘difficult’ for her when current boss Marc Skinner took over because she was asked to do things ‘different’ to what she was used to before. However, she also credits United manager for now ‘getting the best out of me’.
Galton told 90min earlier this year that is her ambition to play Champions League football with United, stepping out onto the pitch to the sound of the competition anthem.
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Man Utd 4-0 West Ham
FROM OLD TRAFFORD – Manchester United secured what was ultimately a comfortable 4-0 win over West Ham in the WSL on Saturday evening, but it took a flurry of second goals to get the job done.
Katie Zelem broke the deadlock from the penalty spot shortly after half-time, before game-changing substitute Lucia Garcia scored twice either side of one from Hayley Ladd.
United made a dominant start and on a few occasions worked the ball into good areas on the flanks and in the wide channels. The best of those openings saw Ona Batlle cross to Alessia Russo, whose side-footed volley missed the target from front and centre.
Russo looked to be through moments later after a clever flick from Nikita Parris, but Hammers defender Grace Fisk got a vital toe to the ball and shut down the chance.
The atmosphere was much flatter than might have been expected for an occasion such as this, but the crowd united in their disapproval of referee Emily Heaslip’s decision not to award a penalty when Ladd went down from a Hawa Cissoko nudge. In the immediate aftermath, the same United player crossed from the right, but Leah Galton headed straight at Mackenzie Arnold.
Another penalty appeal came and went in the closing stages of the first half when it was Galton who went down chasing a long ball. Again, cries from the crowd, again Heaslip was un-moved.
Despite some opportunities, United hadn’t done enough to properly test Arnold by the break, while West Ham’s only real sight of goal by then came in an earlier scramble with a cross into the six-yard box – the only outcome was Mary Earps needing lengthy treatment for a foot injury.
But United came out with a little more vigour after the restart. Russo fired just over with a bullet header, while Galton couldn’t stretch far enough to connect with a cross from the right. But it ended up being Zelem from the spot that broke the deadlock during that spell, sending Arnold the wrong way after Russo’s legs had been taken by the sliding Cissoko.
The second goal shortly after the hour was the result of a higher tempo and more intensity in the press. Hammers full-back Risa Shimizu was caught on the ball and before the visitors knew it, the ball was in the net, with Ella Toone spotting the run of Garcia in behind Cissoko and the substitute calmly finishing beyond the reach of Arnold – there was no hint of offside.
Having not been at their best earlier on, United were cruising by the late stages. West Ham’s resistance was broken and the third from Ladd didn’t come as a surprise. With gaps opening up, Batlle got forward with purpose and laid the ball back to the Welsh midfielder, whose left footed finish nestled in the bottom corner.
Earps had to make a couple of late saves to preserve her clean sheet. Instead of seeing the lead cut to 3-1, United then made it four when the lethal Garcia was in the right place at the right time to tap in the rebound from Martha Thomas’ initial shot.
GK: Mary Earps – 6/10 – Shook off an early knock. Mostly a spectator until a couple of late saves preserved the clean sheet.
RB: Ona Batlle – 8/10 – Always looked threatening when she burst forward right until the end when she laid on the third goal.
CB: Maya Le Tissier – 7/10 – Distributed the ball so well as she has become known for.
CB: Millie Turner – 7/10 – Cleared the ball from potentially dangerous positions several times to ensure it never actually became a threat.
LB: Hannah Blundell – 8/10 – Played with so much energy up and down the left.
CM: Hayley Ladd – 8/10 – Consistent as always on both sides of the ball and added a late goal for good measure.
CM: Katie Zelem (c) – 8/10 – Sat deep in open to try and create, but also stopped West Ham playing. Cool and composed from the spot to break the deadlock at a crucial time.
AM: Ella Toone – 7/10 – Pulled into wide channels to connect with United’s wingers and try to pull West Ham out of their shape. Killer pass created the second goal.
RW: Nikita Parris – 6/10 – Looked an early threat in the first half, including a very good flick to make a half chance for Russo. Withdrawn not long into the second.
ST: Alessia Russo – 7/10 – A mixture of trying to bulldoze her way through and some neat interplay.
LW: Leah Galton – 7/10 – Made her 100th United appearance looking for another ‘big stadium’ goal. Didn’t get on the scoresheet but made the second goal by winning the ball high up the pitch.
SUB: Lucia Garcia (55′ for Parris) – 8/10 – Made all the difference off the bench.
SUB: Martha Thomas (66′ for Leah Galton) – 7/10
SUB: Rachel Williams (80′ for Russo) – 6/10
SUB: Aoife Mannion (81′ for Turner) – 6/10
Marc Skinner – 7/10 – His team played with more tempo after the break. Also started to ring the changes after going 1-0 up to keep things fresh at the top end of the pitch.
GK: Mackenzie Arnold – 6/10 – Made a few basic saves but stood little chance with the goals.
RB: Risa Shimzu – 5/10 – Guilty of losing the ball to present United with their vital second goal.
CB: Grace Fisk – 5/10 – Sat a little too deep for the second goal and ended up playing Garcia onside when Cissoko had pushed up.
CB: Hawa Cissoko – 6/10 – Had a really solid first half with a number of big tackles and interventions. But was done by a Russo cutback moments after the restart to give away a penalty.
LB: Kirsty Smith – 5/10 – A tough day against her former club.
CM: Dagny Brynjarsdottir (c) – 4/10 – Identified as a threat beforehand and really didn’t have that impact until it was way too late.
CM: Lucy Parker – 5/10 – Struggled to lay a glove on United, even in the first half.
RM: Emma Snerle – 4/10 – Got no spare change out of Blundell.
AM: Honoka Hayashi – 5/10 – Looked promising when she got hold of the ball, but it happened so little that it didn’t really matter in the end.
LM: Viviane Asseyi – 5/10 – Not involved enough to make a difference, either when on the left or later when she moved into the ‘number nine’ role.
ST: Amalie Thestrup – 5/10 – An evening of hard graft with minimal service.
SUB: Lisa Evans (64′ for Thestrup) – 5/10
SUB: Izzy Atkinson (69′ for Snerle) – 5/10
SUB: Shannon Cooke (79′ for Cissoko) – 5/10
SUB: Kate Longhurst (79′ for Hayashi) – 5/10
SUB: Anouk Denton (79′ for Smith) – 5/10
Paul Konchesky – 6/10 – His side defended pretty well for 45 minutes but will rue giving away a penalty and then slack defending for the second goal.
Player of the match – Lucia Garcia (Man Utd)
Barcelona 1-0 Real Madrid – Liga F: Player ratings as Rolfo penalty wins tight Clasico
Fridolina Rolfo’s second-half penalty decided a tight Liga F Clasico for Barcelona against Real Madrid on Saturday evening, earning a 1-0 win which sent the Catalan hosts 13 points clear at the top of the table.
Madrid started boldly, resisting the natural urge to hunker down against the revered might of their rivals and instead tried to put Barcelona under pressure. Although, that’s not to say that the Catalans didn’t stroke the ball around the Estadi Johan Cruyff turf, picking out angles which would have tickled the Dutchman nicknamed Pythagoras in boots.
Alberto Toril’s visitors limited the runaway league leaders to just a single shot on target in a diligent and disciplined first half which saw Real offer just as much attacking threat – even if neither goalkeeper was overworked.
With the second leg of a Champions League last-16 tie to come against Roma on Wednesday, Jonatan Giraldez made four changes to the Barcelona side that could only earn a 1-0 win in the Italian capital last midweek. After a frustrating opening hour devoid of any discernible chances, the 31-year-old coach turned to his bench.
Caroline Graham Hansen was one of the additions and swiftly found herself on the end of the clearest opening of the match. Sneaking in at the back post from the second phase of a corner, Graham Hansen had ample space to meet the cross but nodded a limp effort into Misa Rodriguez’s gloves.
The Norwegian winger proved more potent as the provider. Moments after teeing up Patri Guijarro for a similarly weak header, Graham Hansen was on the end of a quickly taken free kick, tossing the ball into the middle of a chaotic penalty area. Amid the maelstrom, Athenea del Castillo – one of Real’s substitutes – hooked her right arm and leg around Salma Paralluelo, who gratefully accepted the invitation to tumble to the turf, earning a penalty which left Toril wagging his finger in disbelief and disgust.
Rolfo nervelessly slotted her spot kick into the bottom corner with just 13 minutes left on the clock. As Madrid desperately tossed bodies forward in search of an equaliser they may not have needed with a different referee, Rolfo had space on the counter to add a second which wasn’t forthcoming.
Real Madrid may have lost their 11th consecutive Clasico – every edition of this fresh rivalry – but they can take confidence from becoming the first team to limit Barcelona to just one goal in a Liga F game this season. Although, with the sting of defeat and injustice still raw, that will offer little consolation.
GK: Sandra Panos – 7/10 – Always alert when forced into defensive intervention even after large swathes of inaction.
RB: Lucy Bronze – 6/10 – Tentatively grew into the game, offering an overload down the right which Ana Maria Crnogorcevic very much needed.
CB: Marta Torrejon – 5/10 – By her lofty standards, Torrejon was uncharacteristically slack when building up from the back.
CB: Mapi Leon – 7/10 – Capable of slicing Madrid open with a scalpel of a left foot.
LB: Fridolina Rolfo – 6/10 – Despite her natural attacking instincts, Rolfo made sure to track back (begrudgingly) when Madrid mounted a sporadic attack.
CM: Aitana Bonmati – 7/10 – Popping up all over the pitch, invariably in a square of green grass unblemished by a white shirt.
CM: Ingrid Syrstad Engen – 7/10 – Sweeping up at the base of midfield, one of the few fixed points around which the buzzing Blaugrana shirts pivoted.
CM: Patri Guijarro – 6/10 – Unerringly comfortable in possession even in the tightest of spaces.
RW: Ana Maria Crnogorcevic – 3/10 – Lacked the craft and guile to trick her way down the right.
ST: Geyse – 4/10 – Sloppy with the timing of her runs and her tackling – little details that stood out in the absence of any clear chances.
LW: Salma Paralluelo – 6/10 – Increasingly drifted infield to limit her isolation and open a channel out wide for Rolfo to canter into. In the right place to tempt Del Castillo into a rash challenge.
Caroline Graham Hansen (60′ for Crnogorcevic) – 8/10 – Injected an urgency and elegance into Barcelona’s frontline which changed the game.
Asisat Oshoala (60′ for Geyse) – 5/10
Keira Walsh (60′ for Engen) – 5/10
Irene Paredes (67′ for Torrejon) – 5/10
Vicky Lopez (83′ for Paralluelo) – N/A
Jonatan Giraldez – 6/10 – Ultimately his changes made the difference but will be worried about the lack of chances Barcelona created for an hour.
GK: Misa Rodriguez – 7/10 – Not exactly adhesive with her handling but got her gloves in the way of plenty of shots and crosses.
RB: Kenti Robles – 5/10 – More concerned with taking the ball off the toes of Paralluelo rather than picking out a teammate once she had won possession.
CB: Ivana Andres – 6/10 – The captain delivered an uncompromising display, heaving the ball clear when left with few other options.
CB: Kathellen Sousa – 7/10 – Exploited her supreme swiftness across the turf to track as many red and blue blurs as she could.
LB: Sofie Svava – 7/10 – Proved to be a stubborn obstacle which Crnogorcevic struggled to hurdle.
CM: Sandie Toletti – 7/10 – Safe rather than spectacular with her passing but gobbled up a raft of loose balls in midfield.
CM: Claudia Zornoza – 5/10 – Unnecessarily overeager with her work off the ball at times.
AM: Caroline Weir – 6/10 – Hassled the Barcelona backline diligently but saw precious little of the ball.
RW: Maite Oroz – 5/10 – A veteran of all 11 Clasicos, Oroz skirted around the fringes of the contest.
ST: Esther Gonzalez – 6/10 – There is no lost cause for the infectious scraper.
LW: Linda Caicedo – 5/10 – The Colombian prodigy flickered in and out of the game.
Naomie Feller (60′ for Esther) – 5/10
Athenea del Castillo (70′ for ) – 3/10 – Provided precisely the opposite impact Toril was looking for.
Olga Carmona (70′ for Caicedo) – 5/10
Freja Olofsson (86′ for Zornoza) – N/A
Alberto Toril – 5/10 – Set his side up in an admirably obdurate shape that defended beyond their penalty area. Unfortunate to be undone by a soft spot kick.
Player of the match – Caroline Graham Hansen (Barcelona)
Leah Galton makes landmark 100th Man Utd appearance
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