The Ministry of Sports announced the clubs included in the first track of thesports clubs investment and privatization project.
Al Ittihad, Al Ahli, Al Nassr, and Al Hilal, are transformedinto companies,each of which is owned bythe fundand non-profit foundations for each club.
The fund is working with the sports ministry to finalize all paperwork required to complete the transformation of these clubs into four independent firms with anon-profit foundation for each club…
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