Saudi Arabia may need extra time to privatize soccer clubs | Reuters:
Saudi Arabia’s plan to privatize its soccer clubs could be delayed beyond the targeted 2020, the head of the country’s soccer federation told Reuters, in what would be the latest setback to economic reforms.
Sport is one of the pillars of the government’s Vision 2030 goal to raise living standards and diversify the economy beyond oil exports, while the privatization of soccer clubs has been earmarked as an early candidate in a drive to privatize state-linked assets.
Former Croatia manager Slaven Bilić and Brazilian player Giuliano are among the top names to grace the Saudi league, in which Al Hilal are reigning champions.
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