King Faisal President Alhaji Kraim Grusah has declared majority shares of the club are up for sale.
The second tier club are in serious financial crisis and are in desperate need of immediate relief.
King Faisal has been on the financial decline over a sustained period ? drying up virtually all the funds of its President from his other business interest.
Grusah who is increasingly getting frustrated by the current situation of the club says he is prepared to cede his control to investors in order to save club.
?I am seriously looking for people to invest in the club,? he said.
?If I can get someone to come and purchase 70 percent of the shares, I think it will be a massive relief.
?The club is in financial crisis and I desperately need help.?
King Faisal were last season relegated from the Ghanaian top flight and are now competing in the Division One League.