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SPORTS CLUBS INVESTMENT AND PRIVATIZATION PROJECT

Project Overview

With the aim of building an effective and distinguished sports sector and enabling the private sector to participate and contribute to this development, His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister launched the investment and privatization project for sports clubs. This aims to achieve qualitative leaps for the Kingdom's sports sector, in line with the objectives of Saudi Vision 2030

TARGETED CLUBS IN THE CURRENT PHASE:

The Ministry of Sport, in collaboration with the National Center for Privatization & PPP (NCP), announced the offering of (6) clubs for privatization to local and international investors, as the first batch of clubs that received Cabinet approval for their privatization project document.

INVESTMENTS PROJECTS GOALS

Supporting the economic and social goals of Saudi Vision 2030.

Enhancing cooperation between the Saudi sports sector and various local and international investment entities.

Developing the professionalism of clubs, including improving governance factors and fan experience.

Providing clubs with suitable business opportunities through private sector investment and ownership.

Enabling club owners to activate community participation.

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