Saudi Arabia government official Turki Alalshikh's investment deal into Derby County could be finalised as early as next week.
Alalshikh, co-founder of boxing promotion company Zuffa, is interested in buying a stake in the Championship club and there has been a deal on the table with English football's independent regulator since May.
With final checks set to take place, his investment is expected to be given the green light in the coming days, BBC Radio Derby reports.
The proposed deal had raised concerns among human rights campaigners, including Amnesty International, which last month said the independent regulator faced a "defining test" over the investment.
Alalshikh, the chairman of Saudi Arabia's General Entertainment Authority - and someone who is close to the Kingdom's de facto ruler Mohammed bin Salman - has been criticised by human rights groups for his role in alleged 'sportswashing'.
#deal #alalshikh #regulator #arabia
Alalshikh, co-founder of boxing promotion company Zuffa, is interested in buying a stake in the Championship club and there has been a deal on the table with English football's independent regulator since May.
With final checks set to take place, his investment is expected to be given the green light in the coming days, BBC Radio Derby reports.
The proposed deal had raised concerns among human rights campaigners, including Amnesty International, which last month said the independent regulator faced a "defining test" over the investment.
Alalshikh, the chairman of Saudi Arabia's General Entertainment Authority - and someone who is close to the Kingdom's de facto ruler Mohammed bin Salman - has been criticised by human rights groups for his role in alleged 'sportswashing'.
#deal #alalshikh #regulator #arabia
2 days ago
