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Cardinale wants to enter Al Nassr
Business
Investments

Cardinale wants to enter Al Nassr

Record14 September 2026 at 23:59

The RedBird investment fund, led by Gerry Cardinale, intends to expand its sports portfolio by acquiring a stake in Al Nassr, a club from Saudi Arabia. This operation would represent the entry of the American fund into Saudi football.

With this possible acquisition, RedBird would control three football clubs: AC Milan (known as the rossoneri), Toulouse, currently in the French Ligue 1, and Al Nassr itself.

Al Nassr currently features Portuguese star Cristiano Ronaldo in its squad, which significantly increases the club's international visibility and the interest of major investors in the project.

This move is part of the investment fund's strategy to build a multilateral sports empire, with clubs in different European leagues and also in the competitive Saudi league.

Why this matters

This news is of interest to readers in Portugal and Brazil who follow international football, as it shows the growing concentration of football clubs in the hands of few investors, a trend that affects player transfers, contracts and the competitive dynamics of the leagues in which these clubs participate.

About this summary

This is our short summary of a report published by Record on 14 September 2026 at 23:59; the full text stays with the publisher. In our feed it sits under Business. We currently carry 22863 items in that section.

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