Ronaldo’s Al-Nassr, three Saudi Arabian clubs up for sale
Saudi Arabia’s Public Investment Fund, PIF, has put up Cristiano Ronaldo’s Al-Nassr and three other clubs up for sale, amid plans to slow down spending.
The country’s four biggest clubs Al-Nassr, Al-Ittihad, Al-Ahli and Al-Hilal were placed under the ownership of the Saudi PIF back in 2023.
The PIF announced it would own 75 per cent of each club, with the remainder under the control of the country’s Ministry of Sport.
The move was followed by a major spending spree by the Saudi Pro League teams, which saw top footballers like Neymar and Karim Benzema joining Ronaldo in the Middle East.
Saudi Arabian journalist, Ahmed Al-Ajlan, has now claimed that the PIF are now looking to sell the four clubs to investors.
The sales would include the 25 per cent stake owned by the Ministry of Sport.
Ronaldo’s Al-Nassr, three Saudi Arabian clubs up for sale
