Business · Companies · 23 hrs ago
Three investor groups compete to buy Saudi club Al-Ittihad
Three investor groups are competing to buy Saudi football club Al-Ittihad.
One group includes the Glazer family and businessman Wael Jamjoom, another includes investor Joshua Harris, and the third combines Blue Five Capital and Sidra.
The Blue Five-Sidra group reportedly made the highest offer, but the club has not announced a sale price or a buyer.
The groups have different kinds of financial strength: the Glazers are linked to two sports teams valued at a combined $16.3 billion, Harris led a $6.05 billion purchase of the Washington Commanders, and Blue Five manages $15 billion in assets.
Those figures do not show how much cash is available to buy Al-Ittihad, because team values and managed assets are not the same as money a group owns and can spend.
The groups’ ability to fund the purchase and support the club afterward will also matter.
No public information establishes which group is financially strongest, and the sources do not say when a buyer will be chosen.
Three investment groups are competing to acquire Saudi football club Al-Ittihad.
The groups are linked to the Glazer family and businessman Wael Jamjoom, Prince Saad bin Abdullah and investor Joshua Harris, and Blue Five Capital and Sidra.
A report cited by Al Eqtisadiah said the Blue Five-Sidra group had submitted the highest financial offer.
No official sale price or final buyer has been announced.
The groups’ reported asset values and deal histories do not establish how much cash they can commit to the purchase.
- Who
- Three investment groups linked to the Glazer family, Joshua Harris, and Blue Five Capital and Sidra.
- What
- They are competing to acquire Al-Ittihad.
- When
- The report was published on November 8, 2026.
- Where
- Al-Ittihad is a Saudi football club.
- Why
- Not stated.
This story does not have two clearly opposing sides.
The Glazer family bought the Tampa Bay Buccaneers.
The Glazer family acquired Manchester United.
The NFL approved the sale of the Washington Commanders to a group led by Joshua Harris for $6.05 billion.
Blue Five Capital announced it had completed the acquisition of a significant stake in Sidra Financial and launched the Blue Five-Sidra platform.
Al Eqtisadiah reported that three groups were competing to acquire Al-Ittihad.
- Competing groups
- Three
- Highest reported offer
- Blue Five-Sidra group
- Glazer-linked club valuations
- $16.3 billion combined
- Blue Five Capital assets under management
- $15 billion as of June 30, 2026
- Harris-led Commanders deal
- $6.05 billion in July 2023