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Debts Near 800 Million Riyals and U.S. Interest in Al-Nassr
Reports reveal that Al-Nassr Club is facing debts nearing 800 million Riyals, amid efforts to reorganize its financial situation and boost its investment revenues. The club borrowed approximately 500 million Riyals from Gulf Bank to finance its summer transfer deals for 2024, and the entire loan has recently been settled. Investors are also turning their attention, as a US acquisition deal is being studied by Redbird Capital Group to acquire a majority stake in the club, potentially valued at up to 1 billion Riyals. The team is set to compete in important matches in the coming period, including local and continental encounters.
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