16 April 2026
The Saudi sports scene is witnessing a significant development in the privatization of clubs, with the imminent transfer of ownership of Al-Hilal to a new investment structure led by Kingdom Holding Company, owned by Prince Al-Waleed bin Talal.
According to circulating information, Kingdom Holding Company will acquire 70% of the club's shares, while the Public Investment Fund (PIF) will retain 30%. This move represents a major shift within the Saudi clubs privatization project.
PIF Chairman Yasser Al-Rumayyan had hinted at the imminent announcement of the sale of a stake in one of the clubs, without revealing its name. This was widely interpreted as referring to Al-Hilal, especially given the increasing reports of a new strategic investor entering the market.
This development has sparked widespread debate regarding the principle of equal opportunity among Saudi Pro League clubs. Some observers believe that Al-Hilal's exit from the PIF's umbrella could grant it greater financial flexibility compared to clubs like Al-Nassr, Al-Ittihad, and Al-Ahli, which are still subject to specific spending policies.
In contrast, Al-Rumayyan emphasized that the fund invests equally in all clubs, explaining that the financial differences stem from additional income sources such as donations from honorary members and fans, which are not under the fund's control.
He also indicated that implementing the "Financial Fair Play" system in Saudi Arabia has become a future goal, in parallel with the development of the sports system.
This shift comes amidst significant financial support for Al-Hilal in recent years, with Prince Al-Waleed bin Talal being one of the club's most prominent backers. His substantial financial contributions have helped secure strong signings and enhance competitiveness both domestically and continentally.
Furthermore, the entry of Kingdom Holding Company as a major partner is expected to open up broader investment opportunities, both in infrastructure development and in attracting star players, thus boosting the market value of the club and the Saudi league in general.
If the deal is officially finalized, Al-Hilal will become the first Saudi club to transition to a nearly entirely privately-led investment model, marking a pivotal moment in the club's history and establishing a new era based on financial sustainability and administrative professionalism.
