Turki Al-Sheikh has held talks with Bristol City after previously being mooted for a role at Wrexham.
Reports emerged in September that Turki Al-Sheikh was buying Bristol City.
However, the Saudi billionaire dismissed claims of a takeover on social media late last month.
He wrote on X/Twitter: “It is not true that I will buy Bristol City FC.”
While a potential takeover of the Robins did not happen, Bristol CEO Tom Rawcliffe has now confirmed that talks were held.
Speaking at a fan forum event this week, he said: “Yes, we had conversations with him [Al-Sheikh] and we are up for investment, but it has to be the right investment.”
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Turki Al-Sheikh has been mooted to invest in Wrexham
Bristol City are not the only Championship team open to potential investment, however.
Ryan Reynolds and Rob Mac want to sell a stake in Wrexham after already bringing the Allyn family on board in 2024.
Several months later, we are yet to hear of any fresh updates on a potential third party joining Rob and Ryan’s project.
But finance expert Adam Williams has previously discussed Al-Sheikh investing in Wrexham.
He said: “If he was to buy into Wrexham, it would be his biggest deal yet. In fact, it could be the biggest deal Saudi Arabia has done in football if the valuation that Wrexham want is accurate – it would be bigger than the £305m deal for Newcastle in 2021.
“As with any investor, you’re looking at what’s in it for them. Does he want a financial return, an emotional one or somewhere in between? If you look at what he’s done in boxing, you’d suggest he’s more concerned about making a cultural impact than money, but then again this would be a private investment, so his motives might be different.”
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Turki Al-Sheikh net worth
Reynolds and Mac’s net worths combined are somewhere in the region of $400M.
Meanwhile, the Allyn family’s net worth is said to be in excess of £1bn after they sold their family business in 2015.
But all current Wrexham investors’ financial situations pale in comparison to Al-Sheikh.
CEO Today reported in May 2025 that the Saudi billionaire has an estimated net worth of $2.8bn.