Who is Mohamed Al-Khereiji? Net value, hyperlinks to Saudi Arabia

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Mohamed Al-Khereiji is the most recent identify linked to a possible takeover of Chelsea FC.

Roman Abramovich put the membership up on the market earlier this month following Russia’s invasion of Ukraine and has since been topic to sanctions by the British authorities over his hyperlinks to President Vladimir Putin.

Saudi Media Group is now mentioned to have made a £ 2.7 billion bid to purchase the Blues, with Al-Khereiji – a fan of the membership – liable for the bid.

Al-Khereiji is a Saudi businessman who runs Saudi Media Group. He can also be the CEO of the mum or dad firm Engineer Holding Group, which was based by his father, Abdulelah Al-Khereiji.

He beforehand studied within the UK at Cass Business School and labored for Deutsche Bank for 3 years.

Al-Khereiji is a Chelsea fan and performed 1-1 in opposition to Manchester United in November. It was additionally the final time Abramovich was seen at Stamford Bridge. He additionally helps Al Hilal, who met Chelsea within the Club World Cup final month.

Saudi Media Group’s internet value is troublesome to know comprehensively. It is the biggest media group within the Middle East and likewise has pursuits in promoting, hospitality, the banking sector and sports activities.

They are believed to have a turnover of no less than 770 million kilos per 12 months – the determine is as excessive as 1 billion kilos in accordance with chosen shops – and would most likely be joined by different non-public events as half of a bigger consortium.

Mohammed bin Khalid Al Saud, who heads the state-owned Saudi Telecom Company, is concerned in financing Al-Khereiji’s bid. Mohammed bin Salman – Saudi Arabia’s Crown Prince – additionally seems on Alkhereiji’s profile image on social media.

Although reviews have prompt that he has no direct hyperlinks to the Saudi authorities, this doesn’t look like the case.

As seen with Newcastle’s takeover, all potential consumers would present that there isn’t any paper path or authorized connection to a authorities.

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