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Sports

Ronaldo Leads Consortium to Acquire Al-Nassr FC

The privatization process of Saudi Arabia's Al-Nassr FC has reached a decisive turning point with the emergence of details regarding the first official bid to acquire a major stake in the club's company, led by a heavyweight investment consortium.

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The privatization process of Saudi Arabia's Al-Nassr FC has reached a decisive turning point with the emergence of details regarding the first official bid to acquire a major stake in the club's company, led by a heavyweight investment consortium combining the US investment fund "RedBird Capital Partners" — owner of Italy's AC Milan — and three Saudi investment firms in direct negotiations with the Public Investment Fund.

This deal gains exceptional momentum as team captain and Portuguese star Cristiano-Ronaldo prepares to transition from the pitch to the boardrooms by joining this consortium, leveraging a contractual clause granting him priority acquisition of approximately 20% of the club's ownership. Investors view this as a strategic marketing and commercial asset that enhances the project's global presence and supports its market value.

In parallel with these negotiations, the Public Investment Fund and the club's management are moving on a fast track to settle accumulated financial liabilities amounting to nearly 800 million Saudi Riyals (approx. 213 million dollars), aiming to clean up financial statements and present Al-Nassr as a debt-free investment opportunity, paving the way to finalize one of the largest acquisition deals in the region's sports history.

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