Alalshikh investment in Derby County moves closer
Summary
Turki Alalshikh, a Saudi Arabian government official and sports promoter, may soon finalize a deal to invest in Derby County football club. This investment could boost the club’s chances in the upcoming season but has raised concerns from human rights groups about Saudi Arabia’s use of sports to improve its global image.Key Facts
- Turki Alalshikh is involved in Saudi Arabia’s government and co-founded a boxing promotion company called Zuffa.
- He is interested in buying a stake in Derby County, an English football club in the Championship league.
- The deal has been under review by English football’s independent regulator since May and may be approved soon.
- Human rights groups like Amnesty International have criticized the deal due to Saudi Arabia’s controversial human rights record.
- Saudi Arabia is accused of "sportswashing," using sports investments to distract from issues like the death penalty and treatment of women.
- Alalshikh has previously owned football clubs in Egypt and Spain but sold the Spanish club last year.
- Derby County’s current owner, David Clowes, is looking for investors to help the club move up to the Premier League.
- If the deal is completed soon, it could help Derby County strengthen its team during the transfer window.
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