- Prince Alwaleed bin Talal Alsaud is set to acquire 100% of Al-Hilal in a historic USD 2B deal, final details nearly complete.
- The negotiations have been ongoing for about a year, signaling strong private investor interest in Saudi Arabia’s sports sector.
- Other major Saudi clubs like Al-Ittihad, Al-Nassr, and Al-Ahli are still in early stages of investment discussions and negotiations.
Al-Hilal
According to Asharq Al-Awsat, the announcement of Prince Alwaleed bin Talal Alsaud acquiring Al Hilal Club is in its final stages. The completion of this historic deal is expected to be announced before the end of December.
According to Asharq Al-Awsat’s sources, negotiations for the deal have been ongoing for about a year. It is further clarified that only minor details remain before Prince Alwaleed acquires 100% ownership of the club.
It is reported that the deal is valued at USD 2 billion (SAR 7.5B). This would set a new unprecedented benchmark for the Saudi sports sector. Al-Hilal is one of the highest-profile football clubs in the Kingdom, making this deal a significant milestone for private investment in Saudi sports.
Sports Investments
Meanwhile, other major Saudi clubs remain in different stages of investment discussions. Al-Ittihad, owned by the Public Investment Fund, is not close to divesting.Negotiations are ongoing with several investors, including Abdullah Saleh Kamel and his brother Mohi. The process could take more than three months to complete. Al-Nassr and Al-Ahli face similar timelines for potential ownership changes.
For clubs like Al-Shabab and Al-Ettifaq, offers have not reached an advanced stage. It is estimated that the process for these clubs could extend into the end of next year.
This deal marks a turning point in Saudi sports investments, demonstrating growing confidence among high-profile investors. Al-Hilal’s acquisition could set a precedent for how Saudi clubs approach acquisitions in the future. Overall, the Saudi sports market continues to attract investors looking to capitalize on the Kingdom’s growing sports sector.
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