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I don't really understand Al-Ettifaq's financial condition, I tried to find several articles related to their finances, but I couldn't find them, because the majority of the media that showing in my search results pages were from local media. However, imo, maybe money is not a problem for Al-Ettifaq to sign Henderson if Gerrard has made him a target. But it seems that the problem is the quality of the league that Henderson doesn't want. Maybe he will accept the offer after another 2-3 years.
Al Ettifaq indeed isn't too popular compared to Al Ahli, Al Ittihad or Al Nassr and people know them because recently they had just hire Steven Gerrard as the new manager but from financial condition i am sure most of Arabian teams has health conditions so money isn't problem for them and even so with Al Ettifaq that one of the reason why Gerrard are willing to accept their offers because they promising huge money to bought the players this summer and Gerrard can pick which players he want
About Henderson i think Al-Ettifaq have to dissapoint because he doesn't interested to playing at Arab Pro League although Gerrard personally asking him to moved but for now Henderson target is he want to help Liverpool to reach their top performance again besides that Henderson was fear if he moved to Al-Ettifaq he will lost his place at England National team but indeed this is still not his final decision especially Liverpool already bought some of midfielder such as Szoboszlai and Mac Allister and maybe if Liverpool cannot guarantee one place into starting lineup probably he will thinking the offers from Al-Ettifaq
After I find out from various information about the Al Ettifaq club, they have a rich history, great achievements, and a large fan base, this club continues to represent the passion of the Saudi people's love for football. profile Al Ettifaq FC, known as one of the most historic and famous football club in the Saudi League. now, they are recruiting a coach like Steven Gerrard, of course it's no joke for those who have ambitions to compete with Al Nassr, who has several star players besides CR7.
This club too, has an impressive series of achievements throughout its history. they have won several titles and achieved success both domestically and internationally. This club, has a focus on developing young players through their football academy system. with investments in infrastructure and talent development, Al Ettifaq FC seeks to become one of the leading forces in Saudi Arabian football.
So, there's a lot we don't know about the clubs that compete in this League. with some of the notes I got, it seems likely that Al Ettifaq is financially sound. naturally, if they are also targeting some of Europe's top players + coaches.
The point is, they don't want to be outdone by the clubs that have been acquired by PIF in this competition.