The Saudi Pro League’s remaining 14 football clubs are set to go private. This move comes after the sale of four top teams sparked a billion-dollar spending spree on foreign stars.
Six more clubs from the 18-strong league will be available for privatisation next month, followed by the other eight “at a later stage” according to a statement from the sports ministry.
The privatisation initiative aims to enhance commercial revenue growth and potentially elevate the competitiveness of Saudi football clubs on the global stage.
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