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Al Ahli

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sports2 years ago

Riyad Mahrez Joins Al Ahli in £30 Million Saudi Transfer

Riyad Mahrez has completed his transfer from Manchester City to Saudi Arabian side Al Ahli, signing a three-year contract with a conditional fourth. The 32-year-old winger won 11 major trophies with City and scored 78 goals in 236 appearances. City had been prepared for his departure and are now looking to replace him with a new winger. Mahrez is the latest high-profile player to move to the Saudi Pro League, following the announcement that the country's Public Investment Fund would take control of four teams.

via The Athletic|
#al-ahli#manchester-city#riyad-mahrez
sports2 years ago

Newcastle United's Saint-Maximin Sale Ensures Premier League Satisfaction

Newcastle United manager Eddie Howe assures that the potential sale of Allan Saint-Maximin to Al Ahli will be conducted properly and in compliance with Premier League regulations. Concerns have been raised by other clubs about the deal, as Al Ahli is owned by Saudi Arabia's Public Investment Fund (PIF), which also owns 80% of Newcastle. There are claims that the PIF link is being used to inflate the transfer fee and help Newcastle comply with financial fair play rules. Howe remains hopeful about signing midfielder Harvey Barnes from Leicester and potentially having him join the club's pre-season tour to the US.

via The Athletic|
#al-ahli#allan-saint-maximin#financial-fair-play
sports2 years ago

Riyad Mahrez's €35m transfer from Manchester City to Al Ahli confirmed

Riyad Mahrez is set to join Al Ahli from Manchester City in a €35 million deal, with an additional €5 million in add-ons. The Algerian winger will undergo a medical before signing a three-year contract, with a conditional fourth year. Manchester City is aware of the possibility of losing Mahrez and has been making plans to replace him. They are also trying to keep Bernardo Silva, who has been approached by Al Hilal. City does not want to lose both players and has made it clear to Bernardo how important he is to their plans. Al Ahli has already signed Edouard Mendy and Roberto Firmino.

via The Athletic|
#al-ahli#manchester-city#riyad-mahrez
sports2 years ago

Saudi Arabia's PIF leads major shake-up in sports clubs privatization and funding.

The Saudi Arabia ministry of sport has announced that the country's Public Investment Fund (PIF) will take control of four teams in the Saudi Pro League, including Al Ahli, Al Ittihad, Al Hilal, and Al Nassr. PIF will control 75% of the four SPL teams, with the other 25% controlled by a non-profit organization. The move is part of the country's 'Vision 2030' project, which aims to foster investment opportunities and an attractive investment environment in the sports sector, promote professionalism, governance, and financial sustainability in sports clubs, and enhance clubs' competitiveness and infrastructure.

via The Athletic|
#al-ahli#al-hilal#pro-league