Al-Ittihad takeover phases detailed
Press reports have revealed details about the steps involved in the process of transferring ownership of Al-Ittihad Club, with the club's value estimated between 800 million and one billion riyals. The process includes multiple stages: starting with the purchase of the trademark, followed by management and operations, and finally the financial aspect of investing the amount and making the final acquisition. The second phase will focus on defining the management mechanisms for the team, while the third phase will concentrate on investing the funds and ensuring the club's continued success. It has been emphasized that the sale will only take place after all requirements are met and the acquiring entity demonstrates its ability to lead the club successfully.
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