Arabian Bombshell: Ronaldo and AC Milan Owner Prepare Al Nassr Takeover Bid
Saudi Arabian football is on the cusp of witnessing one of its most significant off-field moments in recent history. An elite consortium of five prominent investors is poised to formalize a bid to acquire Al Nassr from Saudi Arabia's Public Investment Fund (PIF).
The bombshell of this operation lies in the group's composition: Cristiano Ronaldo, a player for the Saudi club, emerges as one of the key figures in the deal, alongside Gerry Cardinale, CEO of RedBird Capital Partners and owner of AC Milan. They are joined by influential businessmen Ibrahim Al-Muhaidib, Mohammed Al-Khuraiji, and Sharaf Al-Hariri.
The information, initially reported by sports analyst Nawaf_STATS and corroborated by several Italian media outlets, details that the financial plan requires a minimum commitment of $100 million (approximately 92 million euros) from each of the five consortium members, ensuring a massive capital injection into the Riyadh-based club's structure.
This represents an unprecedented strategic move, where the Portuguese superstar transitions from the team's biggest on-field asset to a co-owner of the very institution he represents.
The process now enters its most critical and sensitive phase. Representatives from RedBird Capital and the consortium are scheduled for an urgent meeting with PIF leadership within the next 48 hours. This high-level encounter will determine the outcome of the negotiations: whether the governmental fund agrees to cede corporate control of Al Nassr or if the acquisition definitively collapses. Anticipation in Riyadh is immense, promising to send ripples through the global football landscape.