11 Hrs
Source:
الرياضية
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Three blocs vie for union
Three consortiums are competing to acquire Al-Ittihad Club, which is owned by the Public Investment Fund: a consortium involving the American Glazer family and Wael Jamjoom; one involving Prince Saad bin Abdullah and Joshua Harris; and a consortium of Sidra Financial and BlueFive Capital, led by Abdulrahman and Sultan bin Khalid bin Mahfouz. The third consortium is leading the race after submitting the highest financial bid and meeting the qualification requirements, though the deal’s completion remains subject to procedures and final approvals. Hamad Al-Sunaie has been nominated as CEO of the Prince Saad–Harris consortium should it succeed in acquiring the club.
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