Saudi Arabia to privatise all top-tier football clubs

Saudi clubs, led by the four owned by PIF, spent $957 million in last year's summer transfer window, second only to the English ...

The Saudi Pro League’s remaining 14 football clubs are up for privatisation, the sports ministry said, after the sale of four top teams sparked a billion-dollar spending spree on foreign stars.

The four clubs have signed superstars including Cristiano Ronaldo, Karim Benzema and Neymar on eye-watering contracts. Al Zulfi, Al Nahda, Al Okhdood, Al Ansar, Al Orouba and Al Kholoud were selected for the next round in August based on their “operational readiness, financial health, administrative capabilities, and athletic facilities”, the ministry said.

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