Ronaldo’s Al-Nassr, Three Other Saudi Clubs Put Up for Sale

Saudi Arabia’s Public Investment Fund (PIF) has reportedly placed four of the country’s biggest football clubs, including Cristiano Ronaldo’s Al-Nassr, up for sale as part of efforts to scale back its heavy spending in the sport.

The clubs affected are Al-Nassr, Al-Ittihad, Al-Ahli, and Al-Hilal, all of which were taken over by the PIF in 2023. At the time, the sovereign wealth fund acquired a 75% stake in each club, with the remaining 25% controlled by the country’s Ministry of Sport.

Following the takeover, the Saudi Pro League embarked on a high-profile recruitment drive, attracting global football stars such as Neymar, Karim Benzema, and Ronaldo himself in a bid to boost the league’s profile and competitiveness.

However, Saudi journalist Ahmed Al-Ajlan has revealed that the PIF is now seeking private investors to take full ownership of the clubs. This includes the 25% stake currently held by the Ministry of Sport.

The reported decision signals a shift in strategy, as Saudi Arabia looks to reduce government-backed spending in football and encourage greater private sector involvement in its ambitious sports development plans.