FIFA to lift ban on Cristiano Ronaldo’s Al Nassr after debt with Leicester is settled

Leicester filed the complaint in April 2021 because of unpaid additional clauses due from the 18 million euros ($20 million) sale of Nigeria forward Ahmed Musa in 2018

Cristiano Ronaldo’s Saudi Arabian club Al Nassr will have its FIFA ban on registering new players lifted when it settles a debt with Leicester, football’s governing body said on Thursday. Al Nassr was ordered to pay English club Leicester 460,000 euros ($513,000) plus annual interest of 5% in an October 2021 ruling by a FIFA-appointed judge at its players’ status committee. 

Leicester filed the complaint in April 2021 because of unpaid additional clauses due from the 18 million euros ($20 million) sale of Nigeria forward Ahmed Musa in 2018.

Currently, Al Nassr—which was taken under majority ownership last month by the $700 billion sovereign wealth Public Investment Fund—can still buy new players though not register them to play.

“The club Al Nassr is currently prevented from registering new players due to outstanding debts,” FIFA said on Thursday. “The relevant bans will be lifted immediately upon the settlement of the debts being confirmed by the creditors concerned.”

This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever

"Exciting news! Mid-day is now on WhatsApp Channels Subscribe today by clicking the link and stay updated with the latest news!" Click here!