Khaberni - Amer Abu Ubaid, the president of Al-Hussein Irbid club, announced the launch of a new company called NIDS (abbreviation for NORTH INVESTMENT DEVELOPMENT SPORTS) to serve as the investment arm of the club.
Abu Ubaid explained that the new company would manage the investment relations and lead the financial and administrative growth process of the club.
He mentioned that the company is currently working on acquiring a European club, clarifying that the process is in its final stages, and the new club will serve as a bridge for international professional play, with details to be announced soon.
He also disclosed the existence of a plan to acquire a local club supporting the national vision for the development of Jordanian football.
He detailed that the launch of a sports investment fund will allow sports enthusiasts to invest in the sports field in a structured and licensed manner, having a real role in shaping the future of Jordanian sports.
He added that the club is planning to construct a new stadium with a capacity of about 10,000 spectators, to serve as the official stadium for the Al-Hussein Irbid club.
