Cristiano Ronaldo’s Al Nassr Set to Receive Huge Cash Injection Amid Club CEO’s Legal Turmoil Ahead of Transfer Window- Reports

Al Nassr has been courting off-pitch trouble at every turn since the beginning of the season. Just days ago, the club’s CEO found himself embroiled in legal turmoil, casting a cloud of uncertainty. But it looks like the Knights of the Najd finally might be seeing the end of the tunnel, thanks to a major cash injection that Cristiano Ronaldo and Co. are allegedly set to receive ahead of the upcoming transfer window. 

According to reports from Okaz and compiled by the X account, @Nfcdiario, the deep pockets that Al Nassr will have at its disposal belong to the Al-Muhaidib group. It will be facilitated by Ibrahim Al-Muhaidib, who eyes to become the club’s president. The Saudi Arabian conglomerate is reportedly poised to provide significant financial support to the club in the coming days. However, this support appears to be aimed at securing a sufficient number of votes to enable the owner of the international group of companies to win the presidency of Al-Nassr’s board of directors.

Notably, throughout the year, there have been major shakeups within the Riyadh-based side. Not only did their sporting director, Goran Vucevic, shockingly leave the club, but President Musalli Al Muammar also resigned from his position. With key spots available on Al Nassr’s board of directors, the Al-Muhaidib group aims to secure theirs by providing the necessary financial backing in return. This support will enable the club to make bold moves in the transfer market.

It remains to be seen if the current stakeholders at the club will shake hands on appointing the new board members to the committee, as well as how successful Al-Muhaidib and Co. will be as president of the Yellow and Blue. Be that as it may, Al Nassr’s immediate focus is likely on their CEO’s legal troubles.

What’s the trouble surrounding Cristiano Ronaldo and Co.’s CEO?

Al Nassr CEO Guido Fienga may face legal action for alleged offenses, including false corporate communications and market manipulation to facilitate better transfers. Fienga, joined the Saudi club in late 2023 after previously working at AS Roma since 2013, eventually becoming their chief executive in 2019. However, his tenure in Riyadh has been marked by controversy after he dismissed three staff members from the women’s team. It was a decision that puzzled many given the team’s successful trajectory, having won the first Saudi Women’s championship.

Furthermore, Fienga failed to provide an explanation for his decision. Within a month of assuming his role as CEO, he also reduced player bonuses, leading to dissatisfaction among both the men’s and women’s teams. Interestingly, Cristiano Ronaldo expressed his frustration over the decision and urged team management to the concerns with Fienga. Shockingly, it was later revealed that players had not even received their past bonuses. Perhaps the arrival of the Al-Muhaidib group, who, aside from bringing financial perks, will also help Al Nassr navigate these tough waters.