Kingdom Holding Company Acquires Majority Stake in Al-Hilal Club from Public Investment Fund

Here's what it means for you.
This acquisition signals a growing trend of private investment in sports, potentially reshaping the landscape for professionals in the industry.
What happened
On April 16, 2026, Kingdom Holding Company signed a binding agreement to acquire a 70% stake in Al-Hilal Club Company from Saudi Arabia's Public Investment Fund for 840 million SAR ($224 million).
The Context
- Privatization milestone: This deal marks a significant step in the privatization of Saudi football, aligning with the Vision 2030 initiative aimed at enhancing the sports sector's commercial viability.
- Revenue growth: Under PIF's management, Al-Hilal's revenues surged from 413 million SAR in 2023 to 842 million SAR in 2025, showcasing the potential for profitability in sports investments.
- Ongoing support: PIF retains a 30% stake in Al-Hilal, ensuring continued backing for the club's transformation and sustainability goals.
The Number
— This is the acquisition price for a 70% stake, reflecting the club's equity value of 1.2 billion SAR, highlighting the lucrative opportunities in sports investments.
Takeaway
Expect increased private sector involvement in sports as Saudi Arabia continues to push for economic diversification and growth in the entertainment sector.
Insights by A47 Intelligence
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«المملكة القابضة» تستحوذ على «الهلال» بـ224 مليون دولار
Kingdom Holding Company has signed a binding agreement with the Public Investment Fund to acquire 70% of Al Hilal Club for $224 million, marking a significant milestone in Saudi sports.
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The Public Investment Fund (PIF) of Saudi Arabia announced the sale of 70% of Al Hilal Club's shares to Kingdom Holding Company, led by Prince Alwaleed bin Talal. This transaction aligns with PIF's strategy to enhance returns and reinvest capital in ...
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The financial details of a historic acquisition by Kingdom Holding Company, owned by Prince Alwaleed bin Talal, of Saudi Arabia's Al Hilal Football Club have been revealed. This deal marks a significant milestone in the sports investment landscape in...
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The Public Investment Fund of Saudi Arabia has announced that Prince Alwaleed bin Talal has acquired a majority stake in Al Hilal Club, marking a significant development in the sports sector of the country. This acquisition is expected to enhance the...
Arabic-language coverage of international news and geopolitics.
"RT Arabic is a Russian state-funded outlet often criticized for promoting Kremlin-aligned narratives."
— A47 Editor
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The Public Investment Fund of Saudi Arabia and Kingdom Holding Company have signed a binding sale and purchase agreement, under which Kingdom Holding will acquire 70% of the total capital of Al Hilal Club. This acquisition marks a significant investm...
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The Public Investment Fund and Kingdom Holding Company have signed a binding share purchase agreement, under which Kingdom Holding will acquire 70% of the total capital of Al Hilal Club, valuing the entire entity at 1.4 billion riyals, with equity ri...
Arabic-language coverage of international news and geopolitics.
"RT Arabic is a Russian state-funded outlet often criticized for promoting Kremlin-aligned narratives."
— A47 Editor
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A significant development in Saudi sports is underway as the ownership of Al Hilal Club is set to transition to a new investment structure led by Kingdom Holding Company, owned by Prince Alwaleed bin Talal. This move marks a pivotal moment in the pri...