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Diriyah Club Ownership Transferred to Diriyah Company; New Board Formed

Diriyah Club Ownership Transferred to Diriyah Company; New Board Formed
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Diriyah Club Ownership Transferred to Diriyah Company; New Board Formed

Diriyah Club Ownership Transferred to Diriyah Company; New Board Formed

The Diriyah Company announced the completion of the ownership transfer procedures of Al-Diriyah Club from the National Center for Privatization (NCP) to Diriyah Company, owned by the Saudi Public Investment Fund (PIF).

The step comes as part of the Sports Clubs Investment and Privatization Project announced by Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, in June of last year, reported the Saudi Press Agency on Monday.

The initiative aims to support and develop the sports sector and encourage and empower the private sector to contribute effectively to the sports field, in line with the goals of Saudi Vision 2030.

The company's board of directors, chaired by the Crown Prince, has approved the formation of Al-Diriyah Club’s Board of Directors, chaired by Prince Khalid bin Mohammed bin Saud, with membership including Jerry Inzerillo, Mohammed Al-Khreiji, Ayman Al-Fallaj, and Hamad Al-Bati.

Founded in 1976, the club is preparing to compete in the Saudi Second Division League (SDL) during the upcoming 2024/2025 sports season, after being placed in Group 2 as announced by the Saudi Arabian Football Federation (SAFF).

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Ancelotti: Mission Accomplished as Real Madrid Reach Cup Final

Real Madrid's Italian coach Carlo Ancelotti gestures on the touchline during the Spanish Copa del Rey (King's Cup) semi-final second leg football match between Real Madrid CF and Real Sociedad at the Santiago Bernabeu stadium in Madrid on April 1, 2025. (Photo by JAVIER SORIANO / AFP)
Real Madrid's Italian coach Carlo Ancelotti gestures on the touchline during the Spanish Copa del Rey (King's Cup) semi-final second leg football match between Real Madrid CF and Real Sociedad at the Santiago Bernabeu stadium in Madrid on April 1, 2025. (Photo by JAVIER SORIANO / AFP)
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Ancelotti: Mission Accomplished as Real Madrid Reach Cup Final

Real Madrid's Italian coach Carlo Ancelotti gestures on the touchline during the Spanish Copa del Rey (King's Cup) semi-final second leg football match between Real Madrid CF and Real Sociedad at the Santiago Bernabeu stadium in Madrid on April 1, 2025. (Photo by JAVIER SORIANO / AFP)
Real Madrid's Italian coach Carlo Ancelotti gestures on the touchline during the Spanish Copa del Rey (King's Cup) semi-final second leg football match between Real Madrid CF and Real Sociedad at the Santiago Bernabeu stadium in Madrid on April 1, 2025. (Photo by JAVIER SORIANO / AFP)

It was mission accomplished, said Real Madrid coach Carlo Ancelotti after his side fought back from two-goals behind to snatch a rip-roaring 4-4 draw on Tuesday for a 5-4 aggregate win that put them through to the Copa del Rey final.
Ancelotti brushed off questions about a sub-par performance by his side and praised his players' effort in what he considered a highly entertaining encounter.
"We have achieved our goal today which was to reach the final and there is not much time to think about it," Ancelotti told a press conference.
"It was an entertaining game with some mistakes and a lot of good things. It was fun and we are in the final.
"I never saw ourselves out of it because anything can happen at the Bernabeu. When we have to come from behind, we never give up. We never give up, especially at home, with the fans by our side."
According to Reuters, Ancelotti said David Alaba was not to blame after he deflected two balls into his own goal, calling it "bad luck" by the Austrian defender, but urged his defense to play with better focus moving forward.
"It's not good to concede four goals in a game," Ancelotti said.
"Right now we are a team that has a lot of effectiveness up-front, but little balance.
"However, we can't ignore what we did in attack, scoring four goals against Real is not that easy. I think we are doing quite well."
Real Madrid, who have won the Spanish Cup only once in over a decade, will play either Barcelona or Atletico Madrid in a mouth-watering final in Seville next month.
Atletico fought back to hold Barca to a thrilling 4-4 draw ahead of Wednesday's second-leg in Madrid.