The Ministry of Sports holds a press conference to talk about the club privatization project

 Today, the Ministry of Sports held an expanded conference to reveal the details of the Sports Clubs Investment and Privatization Project , which was launched by His Royal Highness Prince Mohammed bin Salman bin Abdulaziz - may Allah protect him - the Crown Prince and Prime Minister, in the presence of HRH Prince Abdulaziz bin Turki bin Faisal bin Abdulaziz, Minister of Sport, President of the Saudi Olympic and Paralympic Committee.

During the conference, HRH revealed the transformation of four clubs into companies and the transfer of ownership of these companies to development agencies, after those agencies and companies had discussed investment opportunities in the sports sector.

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