The financier believes that Al-Nassr is too costly and will not invest further; the new chairman threatens to resign.

The financier believes that Al-Nassr is too costly and will not invest further; the new chairman threatens to resign.

On July 26, Ibrahim Al-Muhaidib, the newly appointed chairman of Al-Nassr, threatened to resign due to a lack of financial support. This has put Al-Nassr in the awkward position of potentially having two different club chairmen within a year.

In April this year, following Al-Nassr’s 0-2 loss to Al-Hilal in the Riyadh derby, then-chairman Muammar resigned, unable to accept the team’s poor performance.

Before the start of the new Saudi Professional League season, Al-Nassr’s new chairman, Ibrahim Al-Muhaidib, has entered into a dispute with the club’s investment body, the Public Investment Fund (PIF). The PIF stated that Al-Nassr had been too expensive last year, using up its transfer budget, and as such, it will not approve new funds for strengthening the squad this summer.

Ibrahim Al-Muhaidib, the new chairman of Al-Nassr, is very dissatisfied: “Everyone knows that one hand cannot clap alone. If the current situation at Al-Nassr does not improve, I will submit my resignation. I will always stand with the fans of Al-Nassr and do everything I can to help the team.”

The financier believes that Al-Nassr is too costly and will not invest further; the new chairman threatens to resign.. Author:Sports UEFA.Please indicate the source when reproduced:https://www.sportsuefa.com/football-world/21957.html

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