Alwaleed bin Talal completes 70% acquisition of Al Hilal, pledges full support
Alwaleed bin Talal finalizes a 70% stake in Al Hilal, with the Public Investment Fund holding 30%, and vows unwavering support for the club’s ambitions.
Alwaleed bin Talal has completed a significant 70% acquisition of Al Hilal Football Club, with the Public Investment Fund holding the remaining 30%, according to a statement made on Tuesday. The Kingdom Holding Company, in partnership with the state represented by the Public Investment Fund, finalized the deal at 3:56. In a post on his X account, Alwaleed bin Talal expressed his unwavering support for the club's ambitions, vowing to raise its flag high.
The equity of Al Hilal was valued at 1.2 billion riyals, and the transaction amounted to 840 million riyals, representing 70% of the total valuation. All regulatory approvals were obtained, and all internal conditions stipulated in the agreement signed on April 16, 2026, were fulfilled.
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