Al-Nassr, RedBird Capital, Saudi Public Investment Fund and Cristiano Ronaldo
20 October 2026
AC Milan owner RedBird Capital is reportedly exploring the acquisition of a 70% stake in Saudi club Al-Nassr amid concerns over substantial debts. The proposed transaction could reshape the club’s ownership structure, with Cristiano Ronaldo also being discussed as a possible minority investor.
Reporting cited in the supplied article says RedBird representatives have held preliminary discussions with Saudi Arabia’s Public Investment Fund about a transaction potentially valued at one billion Saudi riyals. Saudi journalist Walid Al-Faraj separately estimated Al-Nassr’s debts at approximately 800 million riyals. Ronaldo’s possible involvement is based on media speculation rather than a confirmed investment commitment. No purchase agreement or ownership change has been announced.