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Al Nassr Faces Debt and Possible Sale as RedBird Talks Continue

The PIF is moving to attract private capital to shore up the club’s finances and limit direct state ownership.

Overview

  • Reporting Wednesday, U.S. outlet Semafor and follow‑up coverage said Al Nassr carries roughly 800 million Saudi riyals (about US$213 million) in accumulated liabilities that have prompted a search for buyers and sponsors.
  • The Public Investment Fund is pursuing commercial deals with companies in its portfolio to improve the club’s balance sheet and is exploring a partial sale to bring in outside capital.
  • Representatives of RedBird Capital have held at least two preliminary meetings with the PIF to discuss buying a 70% stake for about 1,000 million riyals (near US$267 million), but no agreement is in place.
  • Media reports say Cristiano Ronaldo could take up to a 20% minority stake as part of a wider investor group, though his participation is unconfirmed and club spokespeople have denied definitive commitments.
  • The talks fit a broader PIF plan since 2023 to professionalize Saudi clubs and reduce sovereign exposure, a shift that could change governance, sponsorship deals, and how clubs fund player costs.