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New Stadium Details And Discussions

BPR_U16

Well-Known Member
Jun 28, 2006
1,789
2,630
I think we need to be very wary of any deals with Middle East at present if you read some of the financial information coming out of Saudi. with the oil price having fallen so much that country could actually become bankrupt - will others go same way?
 

Speedy

Active Member
Oct 22, 2005
642
887
I think we need to be very wary of any deals with Middle East at present if you read some of the financial information coming out of Saudi. with the oil price having fallen so much that country could actually become bankrupt - will others go same way?

That country will never go bankrupt while the world turns on oil. What could happen is, part of it gets taken over by another company in saudi, or a revolution results in oil companies being nationalised and profits redistributed differently. But the idea that oil stops flowing and money stop pouring is a future problem when the oil actually runs out in a hundred years or more.

Qatar has about 30 years of various resources left, depending on demand. If we actually start managing our global demands and bring emissions down, and start actually trying to cool the planet down they could be around for a while yet
 

Lilbaz

Just call me Baz
Apr 1, 2005
41,363
74,893
I think we need to be very wary of any deals with Middle East at present if you read some of the financial information coming out of Saudi. with the oil price having fallen so much that country could actually become bankrupt - will others go same way?

Saudi forced the price of oil down to try and destroy russia, syria, iran and the new fracking comapanies. They own a lot of countries debt including our and the us's. For years they have been diversifying their assets buying companies and properties across the world.
Qatar have been trying to do the same to a lesser extent.

The oil price has hurt but it is a strategic move for them.
 
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arunspurs

Well-Known Member
Aug 31, 2012
8,832
35,620
That country will never go bankrupt while the world turns on oil. What could happen is, part of it gets taken over by another company in saudi, or a revolution results in oil companies being nationalised and profits redistributed differently. But the idea that oil stops flowing and money stop pouring is a future problem when the oil actually runs out in a hundred years or more.

Qatar has about 30 years of various resources left, depending on demand. If we actually start managing our global demands and bring emissions down, and start actually trying to cool the planet down they could be around for a while yet

I dont know where you got this info.

Qatar used to be a poor nation in 70s & 80s. But that was until they found huge belt of LNG (liquified natural gas). Problem they had in 90s was there was no investment or easy way to get this fuel & process it, store it & ship it. But over the last decade, they have had huge infrastructure investments, R & D work etc.

They make huge money now & their per capita income is the highest in the world. There is no study to say it will run out in 30 years - infact those lot are only getting started. But same is not case for Saudi.
 

JW72

Well-Known Member
Jan 29, 2011
714
3,230
If we actually start managing our global demands and bring emissions down, and start actually trying to cool the planet down they could be around for a while yet

So Qatar really needs to avoid building, say, a bunch of expensive, energy guzzling, air conditioned football stadia which will be used for about three weeks and then never again. Oh, wait....
 

L-man

Misplaced pass from Dier
Dec 31, 2008
9,979
51,367
Courtesy of https://twitter.com/RAFSpurs

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Achap

Well-Known Member
Nov 3, 2009
501
810
Off topic, and not a new article, but apparently planning permission for Chelsea's new stadium is being held up by concern for the bats living in Brompton Cemetery.

http://www.standard.co.uk/news/lond...ble-over-threat-to-bats-habitat-a3330141.html

It's just that only now have I noticed that the article is accompanied by a photograph of Batshuayi taken by a photographer called Christopher Lee!

Dracular lives, and is looking after his own.
 

Speedy

Active Member
Oct 22, 2005
642
887
I dont know where you got this info.

Qatar used to be a poor nation in 70s & 80s. But that was until they found huge belt of LNG (liquified natural gas). Problem they had in 90s was there was no investment or easy way to get this fuel & process it, store it & ship it. But over the last decade, they have had huge infrastructure investments, R & D work etc.

They make huge money now & their per capita income is the highest in the world. There is no study to say it will run out in 30 years - infact those lot are only getting started. But same is not case for Saudi.

Might not be a study. I was told this whilst working for their government (i was doing some PR) So could be anecdotal but it's hardly bragging, no reason to disbelieve them.

The Saudis have more of a problem with clean water which they really are struggling with.

All of this is beside the point. They ain't going bankrupt
 

yankspurs

Enic Out
Aug 22, 2013
41,938
71,353
We are now debating natural resource availability and the correlation with arab countries future wealths in this thread. Amazing:ROFLMAO:
 

Flashspur

Well-Known Member
Jul 28, 2012
6,883
9,069
Would be an iconic investment for the Qataris with the World Cup coming up in a few years and a brand new stadium in the PL named after them.
 

FrankSpencer

Well-Known Member
May 23, 2007
1,233
4,131
I walked the whole parameter of the stadium development today. It strikes you how organised it all looks, and how tidy the work completed so far is.

Make no mistake, the new stadium is going to be a huge.
 

danielneeds

Kick-Ass
May 5, 2004
24,181
48,812
I walked the whole parameter of the stadium development today. It strikes you how organised it all looks, and how tidy the work completed so far is.

Make no mistake, the new stadium is going to be a huge.
I really hope so. It'd be awful if we had a Spinal Tap Stongehenge situation on our hands!
 
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