Saudi Arabia's Ministry of Sport announced in collaboration with the National Center for Privatization & PPP (NCP), the start of the second phase of the second track in the Sports Clubs Investment and Privatization Project.

In the second phase of the second track, sports clubs at various levels will be made available for privatization to domestic and foreign investors. The first batch of clubs included six clubs (Al-Zulfi, Al-Nahda, Al-Okhdood, Al-Ansar, Al-Orouba, and Al-Kholoud). Al-Shoulla, Hajar, Al-Najma, Al-Riyadh, Al-Rawda, Jeddah, Al-Taraji, and Al-Sahel are the next eight clubs whose offerings will be completed sequentially later.  

There were two primary tracks used to initiate the project. The first was granting permission for businesses and development organizations to invest in sports teams in return for a transfer of ownership. There were eight clubs on this track. The second track launched offered several sports clubs for privatization. The track will now be completed with a second phase, which is offering six clubs for privatization, with the stage being completed by offering other clubs during the coming period, by the project's strategic plans. The first phase of the track involved registering the interest of local and international entities wishing to invest in sports clubs.