Saudi Arabia produce improved display but still exit World Cup

Abdullah Otayf is dejected after Saudi Arabia lost 1-0 to Uruguay. (Reuters)
Updated 20 June 2018
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Saudi Arabia produce improved display but still exit World Cup

  • Luis Suarez wins Group A clash with goal after 23 minutes
  • Green Falcons go toe-to-toe with South Americans, but looked a bit toothless in attack

LONDON: It came too late to save Saudi Arabia’s World Cup hopes, but this was much more like it from the Green Falcons.
The record books will show that Juan Antonio Pizzi’s side are now without a win in 12 World Cup games and bowed out of this tournament with one game to spare, but this was a restorative afternoon in Rostov, a day when the Green Falcons put some pride back in the shirt.
The team received criticism from senior figures in the Kingdom after rolling over against Russia and they knew they needed to front up against Uruguay. Some of their international futures may have depended on it. The players did just that, mixing it with the two-time winners and showing that they did, after all, belong at this exalted level.
The big frustration for Pizzi will be that Uruguay did not have to work hard for their winning goal, recalled keeper Mohammed Al-Owais handing it to Luis Suarez on a plate with a piece of goalkeeping he will not look back on with any fondness. Suarez could not believe his luck that he was gift-wrapped a goal with which to mark his 100th international appearance. It undid such a promising start from the men in white.
The Green Falcons’ response to falling behind was impressive, though, full of intent and no little skill as they went toe to toe with the South American giants. They actually ended the first half with 57 percent of the possession and registered more attempts on target than their more vaunted opponents. This is what the Saudi Arabians packed into the muggy Rostov Stadium had come to see, their team giving their all and representing more than the sum of their parts. This was why the Green Falcons had finished ahead of Australia in qualifying.

For Saudi Arabia coach Juan Antonio Pizzi, he was left to rue a lack of fire-power up front against the Uruguyans.

Speaking to the media immediately after the game, Pizzi said: "We kept the ball well, we had the majority of the posession, but we just did not have the weapons needed up front to equalize.

"We played at a much better level than in the Russia game, and that is more our style of play, but we just did not have the right tools to break Uruguay down."

The problem of scoring goals at this lofty level remains — this was the ninth time in 11 finals games they had failed to score — but that is a long-standing issue that was never going to be solved overnight. Most importantly, Pizzi got the type of reaction he was looking for after a performance against the hosts he described as “shameful.” Pizzi shook things up by dropping Omar Hawsawi, Mohammad Al-Sahlawi, Abdullah Al-Mayoof and Yahya Al-Shehri, bringing in Al-Owais, Ali Hadi Al-Bulaihi, Hatan Bahbri and Fahad Al-Muwallad. The changes largely worked a treat, with Bahbri looking particularly lively cutting it from the right.
Saudi Arabia started brightly and on the front foot. They forced the first corner, won a free-kick on the edge of the Uruguay box and Al-Bulaihi showed more defensive resilience in blocking an early shot from Suarez than the Green Falcons did in the entire 90 minutes of the World Cup opener. You would not have known which team was ranked 14th and which was ranked 67th.
But the bright start was punctured just past the 20-minute mark. Al-Owais came to collect a corner but completely mis-judged the flight. He flapped at the ball with his left hand, got nowhere near it and that left Suarez with the simple task of slotting into an empty net with his left foot. It was the Barcelona man’s sixth goal in 10 World Cup games. He will not score an easier one.
It would have been easy for Saudi Arabia to fold like they did against Russia, but they showed they are made of sterner stuff than we first thought. Al-Muwallad shot over the bar from a tight angle, Bahbri forced a smart save from the Uruguay keeper and then the same player shot over at full stretch soon after. It was an encouraging response. Abdullah Otayf then left his mark soon after on Edison Cavani. Salem Al-Dawsari then clattered Matias Vecino. The Uruguayans knew they were in a game.
Saudi Arabia even recovered from the blow of losing key midfielder Taiseer Al-Jassam to injury before half-time, but Housain Al-Mogahwi came on and slotted in seamlessly. The most impressive thing about the performance was the control their midfield three enjoyed in the center of the field.
With their hopes of staying the tournament at stake, Pizzi might have thrown caution to the wind earlier than he did in the second half and throw on Al-Sahlawi, Al-Shehri or Muhannad Assiri. But he was just so worried about being opened up on the counterattack and risking another humiliation. With 15 minutes, he eventually opted for the height of Mohamed Kanno and the sharp-shooting of squad top-scorer Al-Sahlawi and asked his team to go more direct. They huffed and puffed but they just lacked the subtlety and muscle to breach a Uruguay defense marshalled by the wily Diego Godin. They will not be first to encounter that problem and certainly not the last.


Largest ever refugee team to compete at Paris Olympics-IOC

Updated 40 min 45 sec ago
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Largest ever refugee team to compete at Paris Olympics-IOC

  • The athletes, from countries including Syria, Sudan, Iran and Afghanistan, will compete across 12 sports in Paris
  • IOC President Thomas Bach said: “This will send a message of hope to the more than 100 million displaced people around the world“

LAUSANNE: The International Olympic Committee (IOC) on Thursday unveiled its largest refugee Olympic team to date for the Paris 2024 Games, with 36 athletes from 11 different countries.
The athletes, from countries including Syria, Sudan, Iran and Afghanistan, will compete across 12 sports in Paris, the third time such a team has formed for the Summer Olympics.
“With your participation in the Olympic Games, you will demonstrate the human potential of resilience and excellence,” IOC President Thomas Bach said during the team’s announcement.
“This will send a message of hope to the more than 100 million displaced people around the world.”
For the first time, the team will compete under its own emblem.
The IOC unveiled its first refugee team for the Rio 2016 Olympics with 10 athletes to raise awareness of the issue as hundreds of thousands of people were pouring into Europe from the Middle East and elsewhere escaping conflict and poverty.
The team that competed at the Tokyo 2020 Olympics, held in 2021 due to the COVID-19 pandemic, was already almost three times as big as the inaugural team at the Rio Games, with a total of 29 athletes competing in 12 sports.
The Paris Olympics refugee team announcement comes shortly after Anjelina Nadai Lohalith, who ran as a refugee athlete in the 1,500 meters at the 2016 and 2021 Olympics, was suspended after testing positive for a banned substance.


The continuous rise in value of the Indian Premier League

Updated 02 May 2024
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The continuous rise in value of the Indian Premier League

In the aftermath of the Punjab Kings’ record chase of 262 runs on April 26, team captain Sam Curran, remarked that the Indian Premier League “(is) becoming a bit like baseball, isn’t it?”

This was likely a moment that opponents of the IPL had predicted and feared — and, conversely, one that proponents of the IPL and T20 cricket in general relished.

T20 cricket is in line with the age of fast food. Instantly consumable, quickly forgotten and underpinned by mass advertising and high-profile personalities. Around the world, its sponsors include KFC for Australia’s Big Bash League, the very title encapsulating the format’s frenzy.

In England, the Hundred has a five-year deal with KP Snacks. Given governmental policy to reduce consumption of products that are high in fat, salt and sugar, the partnership has drawn criticism.

Meanwhile, in South Africa, SA20’s title sponsor is Betway, one of a growing number of betting companies associated with cricket. In the IPL, there is a myriad of sponsors. The title one, Tata, is paying $300 million between 2024 and 2028. Then there are three associate partners — My11Circle, Angel One and RUPay — plus an official broadcaster in Star Sports, official digital streaming partner JioCinema, official strategic timeout partner CEAT and an umpire partner in Paytm.

Each franchise team has a plethora of principal partners, associate partners, media partners and merchandise partners. These represent a broad range of different industry sectors which boost the brand value of the franchises. According to brand valuation consultancy Brand Finance, the value of the ten franchises at the end of the 2023 season ranged from $43.7 million to $87 million. The estimated brand value of the IPL was $10.7 billion.

Estimates of brand value are derived differently by different bodies. This is because brands are not tangible assets — they are subject to beliefs, perceived reputation, trust and experience. Their value lies in how consumers associate with the brand and how it influences their behavior. Attempts to quantify these factors require measurable elements such as trademarks, logos, taglines, visual assets, digital assets, customer retention and social media engagement levels.

Since it began 17 years ago, the IPL has generated all of these in abundance. Along with experience and engagement within the stadiums, an exponential growth in viewership reached close to 500 million unique viewers in 2023. The new media rights regime in 2024 has created further growth, with the Disney Star Network acquiring broadcast rights for all IPL matches in 2024. Live broadcast of the first 18 attracted over 400 million viewers, a 17 percent like-for-like increase over 2023. 

There is a big shift in live streaming, with Viacom’s JioCinema awarded digital streaming rights in the 2024-27 cycle. In 2023 it streamed the entire IPL season for free on its mobile app and website, a feature continued into 2024. The move took many by surprise but enabled it to set a record for the highest concurrent viewership for a live-streamed event — some 32 million viewers tuned in to watch the final. Now, digital streaming appears to be gaining momentum over traditional TV broadcasting with IPL viewers, depending on market segment. This can only increase as technology advances and accessibility improves.

As a result, brand value estimates after the 2024 edition are likely to be affected. Close inspection of existing estimates reveals the different methodologies in use. Cost-based valuations focus on how much it has taken to build the brand. Market-based valuations take account of how much sales of similar brands have raised. Income-based valuations focus on how much money the brand brings into the organization compared with non-branded similar products for services. Customer-based valuations analyze existing customers and predict future consumption patterns.

Another approach is the relief from royalty method, used by global investment bank Houlihan Lokey. This calculates value based on hypothetical royalty payments that would be saved by owning an asset rather than licensing it. In 2023, this produced a brand value estimate for the IPL of $3.2 billion — a difference of some $10.7 billion compared with other estimates. The methodology also produces different estimates of the franchise brand values. In this case, they are in a higher range of $83 million to $212 million, with a slightly different ranking.

Houlihan Lokey also undertook a valuation of the IPL’s value as a business, based on the standard discounted cash flow technique. This amounted to $15.4 billion in 2023, an increase of 80 percent over 2022. Most of this can be attributed to the renewal of the media rights deal covering 2023-2027, worth three times more than the 2017-2022 cycle. It is reasonable to assume that, given the year-on-year increases in viewership, the IPL will be able to command even more enhanced terms in the next cycle.

Intuitively, this makes the use of DCF techniques understandable. Under normal circumstances, the IPL can be reasonably sure of its future revenue streams. Once they are expressed in terms of present values, investors can assess what rate of return they are likely to achieve. Ultimately, returns on investment and profits are more important to stakeholders than differences in brand valuations, although the franchisees remain committed to brand enhancement through fan engagement, association with star players and top sponsors. 

Since 2008, the IPL has established itself as a global phenomenon and it has done so in a relatively short time. It attracts millions of fans and viewers, providing instant entertainment. All the signs are that it will continue to grow through increased sponsorship, viewer numbers and media rights income which, in turn, proliferates advertising revenue for the media. This is big business and looks unstoppable, but it may morph into a caricature of the game from which it took its roots.


Mitch Evans relishes ‘great’ first Formula E win of the season

Updated 02 May 2024
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Mitch Evans relishes ‘great’ first Formula E win of the season

  • The Jaguar TCS Racing driver secured top spot at the Monaco E-Prix last weekend

DUBAI: Jaguar TCS Racing’s Mitch Evans said it was a “great feeling” to have secured his first victory in this season’s Formula E world championship as he looks ahead to the double-header in Berlin next weekend.

Evans reigned supreme in Monaco, leading Jaguar to a dominant one-two with his team-mate, Nick Cassidy, finishing second. The result meant Evans broke his four-race streak of leading without a win.

“I’ve always been very comfortable around this track,” said Evans. “I think I’ve had around 10 podiums in different categories and never won. It was bound to happen at some point but (it) just happened a little later than what I would have liked. It was a great feeling to finally get the victory and it was a strategic and exciting race. It was an important win and (it) was good to see the checkered flag first.”

The result leaves Evans 25 points off the top but strengthens Jaguar’s grip on the constructors’ title, in which they now have a 44-point advantage.

Evans believes there is no reason why his team will not be even better throughout the rest of the season — starting in Berlin.

“The one-two here in Monaco has never been done before so really proud of the team,” he said. “We have come on the back of trickier races so to get this strong result is fantastic. It’s good for everyone’s confidence and gaining momentum and we want to keep that going.

“We’ll be going into Berlin next where last year we got a one-two, so obviously (it) would be amazing if we repeat that, but there is a new layout so there’s a few new things to learn. The race will be quite strategic from an energy point of view so we need to do some work with the team to make sure we’re well prepared. Our Gen3 car tends to suit that circuit a bit more and hopefully we can continue from Monaco.”


‘Let’s go’: Ronaldo celebrates leading Al-Nassr to King’s Cup final

Updated 02 May 2024
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‘Let’s go’: Ronaldo celebrates leading Al-Nassr to King’s Cup final

  • A 3-1 win over Al-Khaleej means Al-Nassr will face Riyadh rivals Al-Hilal on May 31

RIYADH: Cristiano Ronaldo, having led Al-Nassr to the King’s Cup final with a 3-1 win over Al-Khaleej on Wednesday night, expressed his delight in a message to his fans on social media.

Ronaldo scored the first and third goals of the night, with Senegal star Sadio Mane netting the second from the penalty spot during the semifinal at Al-Awwal Park Stadium in Riyadh.

Al-Nassr will now meet fierce rivals Al-Hilal in the final on May 31.

The Portuguese star celebrated the win with brief message on X: “The King’s Cup … let’s go.”

He accompanied the message with pictures of his celebrations after scoring the two goals.

The King’s Cup final confrontation is set to be the fifth time the teams have met this season.

At the start of the season, Al-Nassr won the first clash 2-1 in the final of the 2023 King Salman Club Cup (formerly Arab Club Champions Cup) with a brace from Ronaldo.

Al-Hilal emerged victorious in the next two clashes. They first scored a 3-0 victory in the Saudi Pro League at King Fahd International Stadium on Dec. 1; and then a 2-1 win on April 8 in the semifinal of the Diriyah Super Cup in Abu Dhabi, a competition they would go on to claim by beating Al-Ittihad.

Apart from the King’s Cup final, the teams will also meet in the second SPL fixture of the season, on May 17, at Al-Awwal Park in Riyadh.


Saudi Arabia’s Team Falcons reign supreme at ESL One Birmingham

Updated 02 May 2024
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Saudi Arabia’s Team Falcons reign supreme at ESL One Birmingham

  • BetBoom Team swept aside with a thrilling 3-0 win in the final at Resorts World Arena to take home $300,000
  • Team Falcons continue their dominance of the 2024 Dota 2 calendar, following wins at DreamLeague Season 22 and BetBoom Dacha 2024

DUBAI: Saudi Arabia’s Team Falcons have claimed the ESL One Birmingham Powered by Intel crown after beating BetBoom Team in a thrilling grand final clash at Resorts World Arena.

Team Falcons had a near-flawless run to the title, finishing top of Group A without dropping a series. Despite a slight stumble against Tundra Esports in the upper bracket, they flew through the lower bracket, dispatching Team Liquid and OG, before getting their revenge on Tundra Esports in the lower bracket final. They took home $300,000, a total of 6,400 points and the coveted trophy.

“We’re super happy with this win, we’ve been working so hard this year and it’s really showing with our performances” said Wu “Sneyking” Jingjun from Team Falcons. “The fans were brilliant, and we’re looking forward to seeing what else we can achieve this year with this great team.”

With this win, Team Falcons have now secured their spot for the Riyadh Masters at the Esports World Cup in summer 2024.

Europe’s biggest Dota 2 esports event in six years, ESL One captivated audiences worldwide and saw a viewership of over 327,000. In addition, over 18,000 fans attended the contest in the Resorts World Arena in Birmingham on the final three days of the tournament.

Making a return to Birmingham for the first time since 2018, the tournament commenced on April 22 with the group stage, where 12 of the world’s best teams were split into two groups of six.

DreamLeague Season 22 champions Team Falcons went unbeaten and topped Group A, with BetBoom Team finishing a close second. Team Liquid and G2.iG eked through in third and fourth place, respectively, with Team Liquid also unbeaten.

In the first matches of the upper bracket, UK representatives Tundra Esports took the win against Team Falcons to secure their spot in the final against BetBoom Team, who knocked OG to the lower bracket.

The first day saw Team Liquid take on HEROIC in a tense matchup which saw the latter become the first team to be eliminated from the playoffs. In the final matchup of the day, Team Liquid’s momentum from their earlier win was quashed by Team Falcons, who took the match 2-1.

The BetBoom Team were back against Tundra Esports for a spot in the final and crushed their opposition to emphatically secure their place. Tundra’s lower bracket final opponents were decided in the next match, where OG, despite battling bravely, fell 2-1 against a rampant Team Falcons.

In the lower bracket final, it was Team Falcons who brushed Tundra Esports aside with a 2-0 sweep, setting the stage for a blockbuster finale against BetBoom Team.

The last time these teams faced off was in the group stage where the match finished in a 1-1 draw, but at DreamLeague Season 22 earlier this year, Team Falcons took a clean 3-0 sweep over BetBoom Team, leaving them hungry for revenge.

After a rocky start, Team Falcons managed to rally quickly to dispel BetBoom Team’s chances of opening the scoring. Team Falcons continued this form into the second game, where, despite some early setbacks, they managed to overpower BetBoom Team to increase their lead to 2-0.

Almost directly replicating the DreamLeague Season 22 Final, Team Falcons resumed their dominance into the third game, sweeping BetBoom Team away to continue their almost flawless start to 2024.