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Al-Nassr debt push ahead of privatization
Al Nassr’s management is working to boost revenue from sponsorships and commercial partnerships to repay debts exceeding SAR 800 million. The club’s liabilities have led to financial oversight that has limited its ability to make new signings. The Public Investment Fund is taking urgent steps to address the financial pressures ahead of privatization, while a consortium led by RedBird Capital Partners and local investors is negotiating to buy a stake in the club. The fund currently owns all of Al Nassr’s shares.
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