Diriyah Club Ownership Transferred to Diriyah Company, New Board Formed

Diriyah Company announced the completion of the ownership transfer procedures of Al-Diriyah Club from the National Center for Privatization (NCP) to Diriyah Company, owned by the Public Investment Fund (PIF). This step comes as part of the Sports Clubs Investment and Privatization Project announced by His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, in June of last year.
The initiative aims to support and develop the sports sector and encourage and empower the private sector to contribute effectively to the sports field, in line with the goals of Saudi Vision 2030. The company’s board of directors, chaired by HRH the Crown Prince, has approved the formation of Al-Diriyah Club’s Board of Directors, chaired by Prince Khalid bin Mohammed bin Saud, with membership including Jerry Inzerillo, Mohammed Al-Khreiji, Ayman Al-Fallaj, and Hamad Al-Bati.
Founded in 1976, the club is preparing to compete in the Saudi Second Division League (SDL) during the upcoming 2024/2025 sports season after being placed in Group 2 as announced by the Saudi Arabian Football Federation (SAFF).