Doing Business in Saudi Arabia: Sports sector

Topics included:

Sports Infrastructure Projects, Training the next generation, Events & Hospitality Management, Esports, Private and Public sector sports investment and how to access the Saudi Market.

The development of the Sports sector in Saudi Arabia, including the hosting of major tournaments, building of new stadiums, talent development and overseas acquisitions has created unprecedented opportunities for UK/Saudi partnerships and investment.The sector also represents a key pillar of Saudi Arabia’s Vision 2030 transformation, and the opportunities for UK/KSA collaboration are significant.This workshop will address some of the questions and concerns you may have about entering the Saudi Market, while analysing the extensive number of opportunities available across the sports sector.You will hear first hand from companies who have successfully worked with the Kingdom and we aim to give you a clear and unbiased picture of the opportunities in Saudi Arabia, including potential challenges and how to overcome them.Following the workshop there will be an opportunity to network and put questions to panelists.

Themes and Discussions

Sports Infrastructure Projects, Training the Next Generation,  Private and Public Sector Sports Investment and How to access the Saudi Market.

Agenda

Agenda

10:30 – 11:00 Registration

11:00 – 11:10 Welcome from SBJBC, AEI and WBD

11:10 – 11:20 Why the North East?

11:20 – 11:50 Sports Investment Landscape in Saudi Arabia

This panel will look at the emerging Sports Sector in Saudi Arabia, including esports, the progress it has made so far and the key opportunities for UK companies.

11:50 – 12:00 MISA presentation 

Ministry of Investment Saudi Arabia (Sports investment and construction presentation 10 mins followed by panel)

12:00 – 12:30 Sports Infrastructure and Capacity Building

Behind the headline acquisitions sits a complex sector in need of support. From stadium construction, to staff training and tourism development, Saudi Arabia’s focus on capacity building in the Sports sector is providing UK companies with multiple areas of opportunity.

12:30 – 13:00 Doing Business in Saudi Arabia – How to access the Saudi Market

This panel will discuss recent reforms of the business environment including options for setting up locally and what help is available to companies. During this panel you will not only hear from institutions who can help you navigate the market successfully, but from companies that can talk candidly about their experience setting up in KSA and how they have worked through some of the key issues.

13:00 Networking and close

Date

16/10/2024

Time

10:30 - 13:00

Location:

Newcastle

Womble Bond Dickinson, The Spark, Draymans Way, Newcastle Helix, Newcastle Upon Tyne, UK NE4 5DE

SBJBC Member: Free to attend (please contact events@sbjbc.org for your code)

SBJBC Non-Member: £50 + VAT

Event Sponsors

Supported By

Event Speakers

Adam Paker, Partner, Portas Consulting

Adam Paker is a seasoned professional with 25 years in the sports industry. He was previously a Director within FIFA’s Marketing department where he helped deliver 2 FIFA World Cups. He has run two British National Governing Bodies as CEO – Commonwealth Games England, where he restructured the organisation to bring a successful England team to Glasgow 2014, and Swim England, where he focused on developing aquatics from grassroots through to high performance. Adam has a long-standing interest in and passion for growing and promoting sport in the Kingdom of Saudi Arabia. From 2009-2011, he helped drive the Saudi Football Task Force, a major strategic overhaul of football in the Kingdom. In 2018 he assisted Portas Consulting in its mandate with the Saudi Sport for All Federation. Shortly after, he relocated to KSA to join the new NEOM Sport team, embedding sport and physical activity into the NEOM regional development. A Portas Partner since 2021, he has advised numerous entities in the Kingdom, including NEOM, the Saudi Olympic and Paralympic Committee, the Royal Commission for Riyadh City and the Saudi Tennis Federation.

Christopher Styring, Senior Advisor, Sports Business Group, Middle East, Deloitte

Chris is a Senior Advisor for Deloitte Sports Business Group Middle East. The Group is a market-leading team of specialist advisors working exclusively on sports assignments, providing clients with sports industry knowledge and insight that enables change, resolves significant challenges, and fuels opportunities for growth. Chris has 25+ years experience in sports consulting, commercial deal valuation, commercializing sports properties, strategy & business case / feasibilities for major events, venues & negotiating multi million-dollar contracts with global sports federations, rights holders, athletes, governments & brands. He has held board roles across a number of sports including Olympic sports, equestrian & karting..

Adam Hosier, Founder Director, AEI Saudi

Adam moved to Saudi Arabia from the UK in 2008 and quickly realised the need for an independent and effective platform to support foreign companies do business in the opaque yet rewarding Kingdom; this was the genesis of AEI Saudi. He co-founded AEI in 2012 following a career in the IT Security industry. With over 20 years’ experience from engineering and production through to international business, Adam has a broad professional background. However his core expertise is Saudi business winning, gained from his time as Regional BD Director for a leading multinational as well as leading the Business Development teams at multiple Saudi companies. Outside of work Adam is still a keen (if now, somewhat slower) footballer and father to two boys who will hopefully also one day be Spurs fans.

Peter Snaith, Partner, Commercial / International Trade, Womble Bond Dickinson (UK) LLP

Peter is a partner in the WBD commercial team and head of the UK manufacturing sector group. He has over 25 years' experience of the sector. Before joining the firm, he worked as an in-house lawyer supporting ICI’s international speciality chemicals businesses. He was subsequently Global Legal Manager for ICI’s Acrylics business following its sale to Ineos. Since his return to private practice, he has maintained a focus on working with multi-national chemicals and chemistry-using companies and with manufacturing companies in general. Coupled with that Peter has a wealth of experience in advising ports and also suppliers and users of transport and logistics services in relation to their strategic projects and operational activities. He works with stakeholders and intermediaries to reduce the friction and cost of doing business across borders. As a member of the WBD Global Board, Peter works closely with colleagues in the firm's US offices and also with partner firms across the Lex Mundi global network to support inward investors to the UK and also to assist UK companies wishing to expand in new markets. Peter has a particular focus on the KSA and developing links between Newcastle and the wider North East of England.

Christopher H. Johnson, Managing Attorney, the Law Firm of Mohamed Al-Sharif

Chris has practiced law in New York, Saudi Arabia and Washington since 1978, including 20 years in Riyadh. He currently manages a team of 20 attorneys in Riyadh active in a wide range of corporate, commercial, finance and other regulatory specialties. Clients include the U.S. Embassy in Riyadh, Standard Chartered Bank, Bank of New York Mellon, Uber, Amazon, U.S. Department of Justice, Chevron, American Express, KKR Ltd., Johnson & Johnson, Dell, Air Products, Amgen, Engie, Egis, Henning Larsen Architects, FAST Consortium (Riyadh Metro), Enel, Sumitomo and Facebook. Chris currently serves as Chairman of the Boards of Directors of the American Business Group of Riyadh, the Middle East Council of American Chambers of Commerce and KKR Saudi Ltd., and the Western Lawyers Group of Riyadh. He has participated in U.S. Trade and Investment Framework Agreement (TIFA) negotiations with Saudi Arabia and the Gulf Cooperation Council, and has served as an expert witness on Saudi law before various courts and arbitral tribunals and as an advocate and arbitrator in ICC Arbitration. He served as Director, Chairman and President of the humanitarian air service provider AirServ, and as Commissioner and Chairman of Vint Hill Economic Development Authority charged by the Virginia Commonwealth to develop the decommissioned U.S. Army base. He was a Partner at Arter & Hadden, Williams Mullen and Graham & James, and an Associate at Burlingham Underwood & Lord. In earlier years he accompanied dozens of French-speaking guests on official visits as an Escort / Interpreter for the U.S. Department of State.

Adam Hosier, Founder Director, AEI Saudi

Adam moved to Saudi Arabia from the UK in 2008 and quickly realised the need for an independent and effective platform to support foreign companies do business in the opaque yet rewarding Kingdom; this was the genesis of AEI Saudi. He co-founded AEI in 2012 following a career in the IT Security industry. With over 20 years’ experience from engineering and production through to international business, Adam has a broad professional background. However his core expertise is Saudi business winning, gained from his time as Regional BD Director for a leading multinational as well as leading the Business Development teams at multiple Saudi companies. Outside of work Adam is still a keen (if now, somewhat slower) footballer and father to two boys who will hopefully also one day be Spurs fans.