6 Hrs
Source:
كووورة
Delay Derails Al-Ittihad
The proposed acquisition of Al-Ittihad remains under assessment and review, and the wait could extend until the end of 2027, depending on the results of checks into investors’ financial solvency and administrative competence. The process includes reviewing the files of local and foreign investors, with a local partner required. A local investor may also seek to acquire up to 70% of the club independently, subject to meeting the requirements. This follows Al-Hilal becoming the first of the four major clubs to transfer 70% of its shares to Kingdom Holding Company last April.
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