Published 15:49 IST, July 13th 2023
FIFA to lift Saudi club Al Nassr’s player registration ban when debt to Leicester is paid
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
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Cristia Ronaldo’s Saudi Arabian club Al Nassr will have its FIFA ban on registering new players lifted when it settles a debt with Leicester, soccer’s governing body said Thursday. Al Nassr was 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 complaint in April 2021 because of unpaid additional clauses due from 18 million euros ($20 million) sale of Nigerian forward Ahmed Musa in 2018. Currently, Al Nassr which was taken under majority ownership last month by $700 billion sovereign wealth Public Investment Fund can still buy new players though t register m to play.
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“ club Al Nassr is currently prevented from registering new players due to outstanding debts,” FIFA said Thursday. “ relevant bans will be lifted immediately upon settlement of debts being confirmed by creditors concerned.”
Al Nassr’s signing of Ronaldo as a free nt in January sparked an unprecedented spree of spending by clubs in Saudi Pro League, with four w majority-owned by PIF. fund is chaired by Saudi Crown Prince Mohammed Bin Salman. Al Nassr signed Croatia midfielder Marcelo Brozović 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.
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15:49 IST, July 13th 2023