23 Hrs
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الاقتصادية
Saudi Clubs Top Investment Interest
The Saudi Ministry of Sport announced that five sports clubs—Al-Riyad, Al-Fateh, Abha, Al-Tai, and Al-Shoula—have entered the phase of submitting offers by qualified investors, after experiencing the highest level of interest and investment demand since the start of the club privatization program in Saudi Arabia. The ministry is currently evaluating the offers, with the results expected to be announced by the end of the second quarter of 2027, with the possibility of extending the procedures depending on the progress of negotiations. The program aims to improve the financial and administrative efficiency of the clubs and to promote private sector participation, in line with Saudi Vision 2030.
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