BREAKING NEWS

728x90

header-ad

468x60

header-ad
..

FIFA to lift Saudi club Al Nassr’s ban when debt to Leicester is paid

Cristiano Ronaldo reacts during his official unveiling as a new member of Al Nassr soccer club in Riyadh, Saudi Arabia
FILE - Cristiano Ronaldo reacts during his official unveiling as a new member of Al Nassr soccer club in Riyadh, Saudi Arabia, Tuesday, Jan. 3, 2023. Photo: AP

AP , fbarena.com

Cristiano Ronaldo’s Saudi Arabian club Al Nassr will have their FIFA ban on registering new players lifted when they settle a debt with Leicester, the world football governing body said Thursday.


Al Nassr were ordered to pay English club Leicester 460,000 euros ($513,000) plus annual interest of 5% in an October 2021 ruling by a FIFA-appointed judge at its players’ status committee.


Leicester filed the complaint in April 2021 because of unpaid additional clauses due from the 18 million euros ($20 million) sale of Nigerian forward Ahmed Musa in 2018.


Currently, Al Nassr – which were taken under majority ownership last month by the $700 billion sovereign wealth Public Investment Fund – can still buy new players though not register them to play.


“The club Al Nassr are currently prevented from registering new players due to outstanding debts,” FIFA said Thursday. “The relevant bans will be lifted immediately upon the settlement of the debts being confirmed by the creditors concerned.”


Al Nassr’s signing of Ronaldo as a free agent in January sparked an unprecedented spree of spending by clubs in the Saudi Pro League, with four now majority-owned by PIF. The fund is chaired by Saudi Crown Prince Mohammed Bin Salman.


Al Nassr signed Croatia midfielder Marcelo Brozovic this month from Inter Milan in a transfer reportedly valued at 18 million euros ($20 million).


Musa left Al Nassr in 2020 and played last season with Sivasspor in Turkey.


« PREV
NEXT »

No comments

. .