Al Nassr Debt Crisis Explained: Cristiano Ronaldo's Club Hit By 800 Million Saudi Riyals Debt, Transfer Plans Frozen
India, July 26 -- Al Nassr, Saudi Pro League's football giants, find themselves grappling with a crippling financial crisis after their internal liabilities crossed $800 million Saudi Riyals. This liquidity crunch, which has intensified this summer, is impeding their transfer policy, making it difficult for Cristiano Ronaldo's club to complete ongoing transfer negotiations and register the players once acquired. According to several reports, the Public Investment Fund, holding a 75% stake in Al Nassr, has restricted free spending within the club's budget and asked the management to clear all the debts first.
Heavy Debt Liabilities Freeze Transfer Window Moves For Al Nassr
Al Nassr is really in dire straits when it comes to the transfer ...
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