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Hours After Neymar’s $218,000,000 Arrival, Cristiano Ronaldo’s Al Nassr’s Financial Support Stripped Off as They’re Forced to Act on Budget, as Per Reports

Published 08/16/2023, 7:30 AM EDT

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It has been a busy summer transfer window in Saudi Arabia. Yesterday, another renowned name joined the domestic ranks as Brazilian icon Neymar signed for Al Hilal. The former PSG forward became the latest European star to follow in the footsteps of Cristiano Ronaldo. The Brazilian’s arrival must be tempting Al Nassr to make another major signing. But as per reports, it seems like they won’t be able to.

Just a few weeks ago, the Jeddah-based club received a transfer ban from soccer’s apex authority, FIFA. Now, they have been reportedly stripped of the financial support to make any new signings.

The domestic side of Cristiano Ronaldo suffers a major transfer setback

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The majority of the clubs in the Middle East continue to capture European stars. Al Nassr also made some big moves, with Alex Telles, Marcelo Brozovic, Seko Fofana, and Sadio Mane being the latest additions. However, if they look to sign any other foreign star, then they are on their own.

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This comes from the mouth of a popular Saudi Arabian journalist, who revealed that Al Nassr won’t be getting any financial assistance from the transfer committee. “The recruitment committee informed Al-Nassr Club that the support for recruiting players was closed and that only 5 players, like Al-Hilal club, regardless of the financial amounts,” the journalist wrote.

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Despite having the backing of Saudi’s PIF, they won’t be receiving any aid in terms of money. In fact, the journalist further revealed that “if the club wants to sign with any other foreign player, it will be from the club’s budget and not from the committee’s budget.” Indeed, it is quite a bold decision from the recruitment committee.

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As for Al Nassr, it seems they would need to break their own bank if they wish to sign any new foreign player. They must have been desperate to sign another star after seeing Neymar join rivals Al Hilal. Speaking of which, let’s dive deeper into how the Brazilian signed for the Riyadh-based club.

Neymar signs for Al Hilal

Neymar became the latest soccer star to join the European exodus to the Saudi Pro League. The 31-year-old has joined Al Hilal for $98.6 million. He has been offered a two-year contract, with an anticipated yearly income of approximately $100 million. This amount would be roughly half of the reported salary that Cristiano Ronaldo is receiving from Al Nassr.

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The former Barcelona star will join the likes of Kalidou Koulibaly, Rúben Neves, Malcom, and Sergej Milinković-Savić at Al Hilal. During his time with the Paris club, Neymar netted 118 goals in 173 games and secured numerous championships, including five Ligue 1 titles. Indeed, he is a terrific signing for Al Hilal.

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Written by:

Abhishek Mishra

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Abhishek Mishra is a soccer writer at EssentiallySports. Abhishek's love for soccer began during his childhood days when he spent most of his time playing and watching the sport. His early exposure to soccer earned him many accolades at district and zonal levels, making him a true sports enthusiast.
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Edited by:

Pragya Vashisth