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US-Saudi coalition seeks Al-Nassr stake
An investment coalition consisting of the American company "Red Bird Capital," a local fund, and Saudi investors announced their intention to acquire a stake in Al Nassr Saudi Club in coordination with the Public Investment Fund. The negotiations involve the Saudi means company and businessman Ibrahim Al-Muhaidib. The deal is planned to be finalized before the end of the current sports season, although the final value of the transaction has not yet been determined.
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