Saudi Arabia puts two more league soccer teams up for sale

Saudi Arabia is increasingly finding sports to be a lucrative source of cash.

The kingdom’s Ministry of Sport announced this week it has put two soccer teams, Al Najma and Al Okhdood, up for sale as part of its privatization campaign, Arabian Gulf Business Insights reports.

Last year, the Public Investment Fund bought ownership of four clubs from the government, including Al-Nassr, home to Portuguese superstar Cristiano Ronaldo.

Al-Kholood was bought last month by American investor Ben Harburg.