Al-Nassr Faces Severe Debt Crisis, May Face Transfer Ban
According to Saudi media outlet Al-Riyadhiya, Saudi Pro League defending champions Al-Nassr are facing a severe financial crisis with total debt exceeding 800 million Saudi riyals (over $200 million), stemming from financial decisions made in the previous season. The Saudi Public Investment Fund (PIF), which owns the club, has initiated emergency measures including restricting financial powers of the executive management, hiring independent financial and legal consultants to improve revenue and control expenses, and evaluating two substantive offers for partial acquisition of the club. The executive management is prohibited from signing any contracts with players or coaches unless funded by the club's own sponsorship and revenue, effectively imposing a transfer ban. The PIF aims to protect the club's assets, brand value, and ensure compliance with governance norms, while also adhering to FIFA oversight to maintain fair competition among PIF-owned clubs.
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