OM Sale: Ronaldo’s Move to Saudi Arabia Signals Shift in Football Investment

Foot – OM

OM sale: Ronaldo announced in an XXL project with Saudi Arabia

Published on April 16, 2024 at 6:45 a.m.

Holder of a Master’s degree in international law, I realized at the end of my university career that it was important to evolve in a field that you appreciate. Overnight, I decided to put an end to my parents’ dream, who saw in me a future lawyer, to make a living from my passion: sport. Since then, I have covered transfer windows and sports news, trying to keep readers informed as best as possible.

Saudi Arabia would move away from OM and from European football. The powerful Saudi investment fund, PIF, is reportedly looking for private investors to invest in Saudi Pro League teams. One of these operations could concern Al-Nassr, Cristiano Ronaldo’s club, according to certain information appearing in the Italian press.

Owner of Newcastle, the PIF still wanted to invest in European football by buying another club. But according to information from the very serious Italian media Calzio and Financa, the Saudi investment fund now has other projects.

The PIF wants to invest in Ronaldo’s club

According to this source, the PIF is looking for private investors “interested in entering into the capital of the four teams it owns in its country, including the Al-Nassr club where Cristiano Ronaldo plays”.

What about l’OM?

It is clear that theABOUT no longer seems to be one of the priorities of the PIF. As 10Sport.com announced last June, a Saudi delegation went to Marseille to take the temperature. But negotiations with Frank McCourt don’t seem very active. Unless theABOUT does not trade with other investors. In any case, this will not prevent certain journalists like Thibaud Vézirian to affirm that the club is sold.

2024-04-16 04:45:00
#sale #Ronaldo #announced #XXL #project #Saudi #Arabia

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