SOCCER SALE
Saudi soccer signals change, selling team to U.S. investor group
The acquisition of Al-Kholood by Ben Harburg turns a sports page for the kingdom, which has spent hundreds of millions on international soccer
FAYEZ NURELDINE/AFP via Getty Images
Al-Kholood's Hammam Al-Hammami fights for the ball with Nassr's Sadio Mane during a Saudi Pro League soccer match in Riyadh on March 14
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For the first time, a Saudi soccer team has been acquired by a foreign investor.
The Saudi Pro League’s Al-Kholood club was bought by the Harburg Group, a business founded by American private equity investor Ben Harburg, for an...