Thursday 17/July/2025 – 06:15 PM
Approach Saudi Al Khilad Club From the first club to be sold to a foreign investor, after the club officials met with the American company officials in Al -Qassim to resolve the acquisition papers on the club.
The Saudi Al -Khilal Club on the threshold of the first foreign acquisition in the Kingdom
According to the Saudi Al -Sharq Al -Awsat newspaper, the American businessman and the administrative partner of the Global Investment Company are close to buying the Saudi Al -Khulaoud Club.
The American businessman has a minority stake of 6.5 percent in the Spanish club Kadesh, to add the Saudi club to its sports investments.
This step comes after the announcement of the announcement of the sale of the ownership of the club, which is based in the city of Al -Rass in Al -Qassim, as part of the project to allocate sports clubs and invest them, where Al -Khulaoud Club was launched in the second phase of the project, which at the beginning targeted a number of clubs, including Al -Hilal, Al -Nasr, Al -Ahly and Al -Ittihad, in addition to the clubs of NEOM, Diriyah, Al -Qadisiyah and Al -Ula.
Earlier, Saudi reports reported that the company’s officials are conducting a series of intensive meetings with the club’s management and the relevant authorities, to review the final details before signing the official agreement, which makes the Al -Khulaoud Club just around the corner from being the first Saudi club to be completely sold to a foreign investor, and this step comes within the great investment transformation witnessed by Saudi sport, aimed at enhancing competitiveness and attracting global capital, what It confirms that the Al -Kholi Club stands today at the Gate of Glory as the first to take this ambitious step.