The Ministry of Sport, in collaboration with the National Center for Privatization & PPP (NCP), has announced the tendering of six sports clubs across various divisions for local and international investors.
The clubs involved in this phase are Alzulfi, Alnahda, Alokhdood, Alansar, Alorouba, and Alkholoud. This initiative is part of the ongoing effort to implement the sports clubs' investment and privatization project. The goal is to engage the private sector in developing the sports industry, benefiting national teams, clubs, fans, and athletes. The privatization process for these six clubs will go through multiple stages, with ownership transfer applications accepted until September 19, 2024.