12 Hrs
Source:
الاقتصادية
Al Malik Milan and Al-Nassr Saudi League Entry
RedBird Capital Partners, the owner of AC Milan, is exploring the possibility of investing in Al Nassr Saudi Club through indirect exploratory communications, but the deal remains far from completion. RedBird is aiming to expand its football investment model through a network of clubs, currently including Milan and French club Toulouse, with Nadem Club as a potential option for expansion. Meanwhile, the Saudi club continues its ownership developments after transferring a share from its non-profit foundation to the Public Investment Fund, which now owns 75% of the club. In contrast, major Saudi clubs like Al Hilal have finalized their privatization deals. The sports investment market in Saudi Arabia is also witnessing foreign participation for the first time with the inclusion of Al Kholood Club.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)