{"id":27285,"date":"2018-06-08T23:15:12","date_gmt":"2018-06-08T13:15:12","guid":{"rendered":"http:\/\/leadpakistan.com.pk\/news\/?p=27285"},"modified":"2018-06-08T23:15:12","modified_gmt":"2018-06-08T13:15:12","slug":"saudi-arabia-to-raise-1-5bn-by-privatising-sports-clubs","status":"publish","type":"post","link":"https:\/\/leadpakistan.com.pk\/news\/saudi-arabia-to-raise-1-5bn-by-privatising-sports-clubs\/","title":{"rendered":"Saudi Arabia to raise $1.5bn by privatising sports clubs"},"content":{"rendered":"

Saudi Arabia
\nThe Chairman of the Saudi General Sports Authority (GSA), Turki Al Sheikh, said yesterday that Saudi Arabia aims to raise between $800 million and $1.5 billion from the privatisation of sports clubs.
\nAl Sheikh, an adviser to the Saudi Royal Court, asserted in an interview with Bloomberg that Saudi Arabia\u2019s privatisation programme targets 16 sports clubs.
\nThe Kingdom has been moving forward with a massive denationalisation programme to support the country\u2019s revenues which have been negatively affected by declining oil prices.
\nOn 24 April, the Saudi Council of Economic and Development Affairs approved a plan to implement the \u201cPrivatisation Programme\u201d as part of the country\u2019s Vision 2030 plan to reduce the economy\u2019s reliance on petrodollars and expand its income stream.<\/p>\n","protected":false},"excerpt":{"rendered":"

Saudi Arabia The Chairman of the Saudi General Sports Authority (GSA), Turki Al Sheikh, said yesterday that Saudi Arabia aims to raise between $800 million and $1.5 billion from the privatisation of sports clubs. Al Sheikh, an adviser to the Saudi Royal Court, asserted in an interview with Bloomberg that Saudi Arabia\u2019s privatisation programme targets […]<\/p>\n","protected":false},"author":1,"featured_media":27293,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":{"0":"post-27285","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-sports"},"yoast_head":"\nSaudi Arabia to raise $1.5bn by privatising sports clubs<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/leadpakistan.com.pk\/news\/saudi-arabia-to-raise-1-5bn-by-privatising-sports-clubs\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Saudi Arabia to raise $1.5bn by privatising sports clubs\" \/>\n<meta property=\"og:description\" content=\"Saudi Arabia The Chairman of the Saudi General Sports Authority (GSA), Turki Al Sheikh, said yesterday that Saudi Arabia aims to raise between $800 million and $1.5 billion from the privatisation of sports clubs. Al Sheikh, an adviser to the Saudi Royal Court, asserted in an interview with Bloomberg that Saudi Arabia\u2019s privatisation programme targets […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/leadpakistan.com.pk\/news\/saudi-arabia-to-raise-1-5bn-by-privatising-sports-clubs\/\" \/>\n<meta property=\"og:site_name\" content=\"Daily Lead Pakistan\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/DailyLeadPak\/\" \/>\n<meta property=\"article:published_time\" content=\"2018-06-08T13:15:12+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/leadpakistan.com.pk\/news\/wp-content\/uploads\/2018\/06\/Saudi-Arabia-to-raise-1.5bn-by-privatising-sports-clubs.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"800\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" 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