Major Firms Transfers to Investment Fund
The Ministry of Sports announced the start of transferring the ownership of shares of non-profit organizations representing 25% of the shares of the four club companies (Union, Al-Ahli, Al-Hilal, and Al-Nassr) to the Public Investment Fund, and the dissolution of the boards of directors of these organizations. This step is part of the ongoing transition of club ownership, aimed at enhancing their investment attractiveness, consolidating corporate governance foundations, and supporting their long-term sustainability and growth as part of the sports clubs’ investment and privatization project.
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