Investment tenders for 6 Saudi football clubs announced

Hilal supporters cheer as they celebrate their team's 19th Saudi Pro League title after their football match against Al-Hazem at the Kingdom Arena stadium in Riyadh on May 11, 2024. (File/AFP)
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Updated 14 August 2024
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Investment tenders for 6 Saudi football clubs announced

  • The clubs included in this phase are Al-Zulfi, Al-Nahda, Al-Okhdood, Al-Ansar, Al-Orouba and Al-Kholoud

RIYADH: The Ministry of Sport, in collaboration with the National Center for Privatization & PPP, or NCP, announced on Sunday that tenders for six sports clubs have been issued, aimed at local and international investors.

The clubs included in this phase are Al-Zulfi, Al-Nahda, Al-Okhdood, Al-Ansar, Al-Orouba and Al-Kholoud.

This announcement follows the ministry’s Sports Clubs Investment and Privatization Project Second Track, following the Council of Ministers’ approval to privatize 14 clubs in Saudi Arabia.

This initiative is a part of the ongoing project launched by Crown Prince Mohammed bin Salman aligning with the goals of Saudi Vision 2030.

It aims to provide opportunities for the private sector to help develop the sports industry.

Investors can submit expressions of interest, and requests for qualification, on the NCP website until Sept. 19.

Subsequent offers will be evaluated, followed by the announcement of the winners, and then ownership transferred.


Man United’s Jim Ratcliffe reminded of his responsibilities but no FA charge for ‘colonized’ claim

Updated 20 February 2026
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Man United’s Jim Ratcliffe reminded of his responsibilities but no FA charge for ‘colonized’ claim

  • Football Association will not be charging Ratcliffe over his comments
  • Ratcliffe’s comments touched a nerve in Britain, where immigration is a divisive issue

MANCHESTER: Manchester United co-owner Jim Ratcliffe has been reminded of his “responsibilities as a participant in English football” after he triggered a storm of criticism for claiming Britain had been “colonized” by immigrants.
But England’s Football Association will not be charging Ratcliffe over his comments, which were widely condemned by political figures, including British Prime Minister Keir Starmer, and the club’s supporters.
The governing body issued Ratcliffe with a reminder of his responsibilities when taking part in media interviews, a person with knowledge of the situation told The Associated Press on Friday. The person spoke on the condition of anonymity because they were not authorized to speak publicly.
British billionaire Ratcliffe, who owns petrochemicals giant INEOS, made the comments during an interview with Sky News, which aired last week.
“You can’t have an economy with 9 million people on benefits and huge levels of immigrants coming in,” he said. “I mean, the UK’s been colonized.”
Ratcliffe’s comments touched a nerve in Britain, where immigration is a divisive issue. He later said he was sorry his choice of language had “offended some people.”
Starmer had earlier called for him to apologize, saying “Britain is a proud, tolerant and diverse country.”
United fans, who are proud of the diversity within the team and their supporter base, also condemned his words.
The Manchester United Supporters Trust said the “senior leadership should make inclusion easier, not harder.”
Critics accused Ratcliffe of “hypocrisy,” saying he has chosen to make his home in Monaco to reduce his UK tax bill.
Carrick proud of Man United’s culture
United’s head coach, Michael Carrick, said earlier Friday that the Premier League club was proud of their culture of equality and diversity.
Carrick, who was recently hired as coach until the end of the season, faced the media for the first time since Ratcliffe’s remarks and he was asked for his response.
“Sir Jim has made a statement, and then the club’s made a statement on the back of it so for me to add to that is not my place,” he said. “What I can say is, as I’ve been around this club many, many years, we always make a huge impact globally.
“We’re really proud of the environment and the culture that we’ve got at the club, and equality and diversity and respect for each other is something that we look to carry through every day.”