Saudi entertainment chief buys Spanish football club Almeria

Saudi entertainment chief buys Spanish football club Almeria
Turki Al-Sheikh, wearing an Almeria shirt with the club's new general director Mohamed El-Assy. (Almeria Twitter)
Updated 03 August 2019

Saudi entertainment chief buys Spanish football club Almeria

Saudi entertainment chief buys Spanish football club Almeria
  • Turki Al-Sheikh will take over from Alfonso Garcia Gabarron as the club’s largest shareholder
  • Earlier reports claim Al-Sheikh decided to purchase the Andalusian club after selling his Egyptian team, Pyramids

JEDDAH: Turki Al-Sheikh, chairman of the board of directors of the Saudi General Entertainment Authority, has officially completed his takeover of Spanish football club Almeria, according to reports.

 “After continuous speculation, Almeria have been sold to Turki Al-Sheikh after the operation went through for about €20 million ($22.26 million),” Spanish paper Marca said on its website.

 Al-Sheikh will take over from Alfonso Garcia Gabarron as the club’s largest shareholder.

 “I’ve always wanted the best for the club,” Gabarron was quoted as saying in the report. “I’ve done everything I could, and this was the offer I was waiting for. A lot of people have been interested in recent years, but none like Turki Al-Sheikh.”

 

 
 
 
 

 
 
 
 
 
 
 
 
 

https://t.co/LCH7Xh8ipe

A post shared by تركي آل الشيخ (@turkialalshik) on

 

Al-Sheikh posted the news on his Instagram account, sharing a screenshot of the Spanish version of the Marca report.

“One of the main objectives for the potential new owner is to carry out the long-awaited rejuvenation project to the club’s training ground,” the report added.

For Gabarron, the sale brings to an end a 16-year period as Almeria president, having acquired a majority stake in the club in July 2003.

Earlier reports claim Al-Sheikh decided to purchase the Andalusian club after selling his Egyptian team, Pyramids, to an Emirati investor.

Al-Sheikh was named the most influential Arab sports personality of the year 2017 at the 12th Dubai International Sports Conference.

During his time at the helm of the Saudi General Sports Authority, the organization launched a series of notable initiatives, which included providing financial support to Saudi football clubs, the formation of a technical committee to develop Saudi football and young, talented players, and building strong relations with continental and international sports associations.


Environment fund, centers inaugurated in Saudi Arabia  

Updated 5 min 17 sec ago

Environment fund, centers inaugurated in Saudi Arabia  

Environment fund, centers inaugurated in Saudi Arabia  
  • Ministry aims to contribute to the financial sustainability, protect ecosystems

Saudi Arabia’s newly established environment fund and environment centers were inaugurated on Thursday as part of the country’s sustainability strategy and efforts to ensure the protection of its environment and ecosystems.
The fund and five centers were inaugurated by Abdulrahman Al-Fadley, who is the minister of environment, water and agriculture.
“Establishing an environment fund aims at contributing to the financial sustainability of the environment sector and providing the necessary capabilities for its advancement, by contributing to supporting the operational budgets of environmental centers, supporting environmental programs, studies and initiatives, stimulating environmentally friendly technologies and improving environmental performance and environmental rehabilitation programs,” the minister said.
The National Center for the Development of Vegetation Cover and Combating Desertification aims to develop and manage national parks, develop and rehabilitate vegetation cover in forests, protect local endangered plant species, combat desertification, in addition to conducting studies and supporting research related to vegetation.
The National Center for Environmental Compliance is concerned with monitoring the environmental compliance of all establishments that have an impact on the environment in all development sectors, supervising programs for monitoring sources of environmental pollution in addition to approving environmental impact studies, issuing environmental licenses for all development projects, and inspecting installations.
The ministry said the tasks of the National Center for Wildlife Development included supervising programs related to the protection and development of wildlife and biological diversity, as well as planning and managing protected areas and managing centers for the breeding and resettlement of endangered animals.
The National Center for Meteorology will monitor weather and climate conditions, prepare forecasts, provide airports, ports and other bodies with data and weather forecasts, and operate weather monitoring stations in the Kingdom’s regions.
The National Center for Waste Management will organize the waste management sector to improve the quality of services, enhance the level of capabilities and competencies, enhance the economic sustainability of the sector by stimulating investment and maximizing the participation of the private sector, reduce waste disposal in landfills by stimulating the use of best practices in resource recovery techniques.