KopTalk

Previous Thread
Next Thread
Print Thread
Rate Thread
#17055 12/10/09 09:24 PM
Joined: Aug 2009
Posts: 53
T
Under 16 Player
Under 16 Player
T Offline
Joined: Aug 2009
Posts: 53
hey guys does any1 knows the saudi arabian fortune is he more richer than
manchester city owner....give me your views plEASE


A.Ramchurn
the red #17062 13/10/09 12:59 AM
Joined: Dec 2008
Posts: 2,521
Moderator
Moderator
Joined: Dec 2008
Posts: 2,521
the saudi dynasty is teh wealthiest, the city owners are chicken feed for the saudis.

Saudi arabi has the largest oil reserves in the world, largest.

The gulf guys cant pump for much longer nor on the same scale as the saudis.

Saudi pumps 11 million barrels of oil a day!
Saudi oil reserves is 249billion barrels of oil!

Abu dhabi has 8% of the worlds proven oil reserves 98 billion barrels.


The sea, will be the sea, whatever the drops philosophy!
Injun Joe #17063 13/10/09 01:03 AM
Joined: Dec 2008
Posts: 2,521
Moderator
Moderator
Joined: Dec 2008
Posts: 2,521
here is some more to ponder and discuss:

An essential part of family wealth is the Kingdom in its physical entirety, which the Al Saud view as a totally owned family asset. Whether through the co-mingling of personal & state funds from lucrative government positions, huge land allocations, direct allotments of crude oil to sell in the open market, segmental controls in the economy, special preferences for the award of major contracts, outright cash handouts, and astronomical monthly allowances, - all billed to the national exchequer - all told, the financial impact may have exceeded 40% of the Kingdom's annual budget during the reign of King Fahd. Over decades of oil revenue-generated expansion, estimates of royal receipts have varied, ranging as low as an unlikely $50 billion and as high as over $1 trillion. [6]. This method of wealth distribution has allowed many of the senior princes & princesses to accumulate largely unauditable wealth and, in turn, pay out, in cash or kind, to lesser royals and commoners, and thereby gaining political influence through their own largesse.


The sea, will be the sea, whatever the drops philosophy!
the red #17068 13/10/09 01:20 AM
Joined: Aug 2009
Posts: 53
T
Under 16 Player
Under 16 Player
T Offline
Joined: Aug 2009
Posts: 53
thnks for the info bro if you ever get more info do post it please


A.Ramchurn
the red #17075 13/10/09 09:59 AM
Joined: Jul 2009
Posts: 5,460
Muj Offline
1st Team Squad
1st Team Squad
Joined: Jul 2009
Posts: 5,460
he can write a book my dear...right Joe :P


Steven Gerrard: Heartbeat of LFC.


football is fuckingg cruel
Muj #17084 13/10/09 08:26 PM
Joined: Dec 2008
Posts: 2,521
Moderator
Moderator
Joined: Dec 2008
Posts: 2,521
i certainly can:)

i will title it!

"The house of saud theft and fraud"

lol


The sea, will be the sea, whatever the drops philosophy!
Injun Joe #17089 13/10/09 08:59 PM
Joined: Jul 2009
Posts: 5,460
Muj Offline
1st Team Squad
1st Team Squad
Joined: Jul 2009
Posts: 5,460
loll


Steven Gerrard: Heartbeat of LFC.


football is fuckingg cruel
Muj #17090 13/10/09 09:02 PM
Joined: Jan 2009
Posts: 2,007
Under 23 Player
Under 23 Player
Joined: Jan 2009
Posts: 2,007
I get the drift - they are loaded.


Moderated by  KopTalk Team 

Link Copied to Clipboard
ShoutChat
Comment Guidelines: Do post respectful and insightful comments. Don't flame, hate, spam.
Advertisements
Liverpool FC Discussion