Cristiano Ronaldo's Saudi club, Al Nassr, is reportedly experiencing a significant financial crisis, leading to delayed salary payments for players and a halt in transfer activities. The situation has raised concerns about the club's financial stability, with a year remaining on Ronaldo's lucrative contract.
According to reports in Saudi Arabian media outlet Al-Riyadiyah, several first-team players received their June salaries in installments, and the club's management is working to address outstanding payments. The exact number of affected players and the total amount owed remain unclear, as does the timeline for settling these debts. This financial strain has also stalled Al Nassr's transfer window plans, including efforts to sign a foreign player to replace midfielder Marcelo Brozovic.
The club's financial difficulties are said to stem from accumulated debt exceeding its revenues. This has made it impossible for the club's management to commit to new contractual obligations without demonstrating its ability to meet current financial commitments, according to a source cited by Al-Riyadiyah. The management has not yet submitted the necessary documentation to relevant authorities to prove its financial capacity for new contracts.
These financial challenges emerge despite significant investment in the club following Cristiano Ronaldo's arrival, which contributed to Al Nassr reclaiming the Saudi Pro League title last season after a seven-year drought. Earlier this year, Ronaldo, who reportedly signed a new two-year deal worth approximately £492 million, expressed frustration over what he perceived as a lack of investment in the squad. He was reportedly dissatisfied with the backing from the Saudi Arabia Public Investment Fund (PIF), especially as rival clubs like Al Hilal, also significantly backed by the PIF, continued to strengthen their rosters with high-profile signings.
Ronaldo had previously gone on strike over issues including overdue salaries and management autonomy. Following a meeting, his demands were reportedly met, including the payment of outstanding salaries and the restoration of power to top executives. The league had stated at the time that Ronaldo was fully engaged with Al Nassr and played an important role in the club's growth and ambition, but emphasized that no single individual dictated decisions beyond their own club.
This summer, Al Nassr appointed former Europa League-winning boss Ange Postecoglou as the successor to Jorge Jesus. Postecoglou stated his ambition to take the club to the next level, aiming for each year to be the best yet, despite the prevailing financial uncertainties.