November 11, 2026
Al Hilal Saudi Club recorded financial revenues exceeding 173 million Saudi riyals (about 46.1 million dollars) during the month of last September, in the first months of operation following the transfer of ownership of 70% of the club’s shares to the Kingdom Holding Company.
Financial data published by the Saudi Al-Eqtisadiah newspaper reported that the club’s net profits after taxes amounted to 33.5 million riyals (equivalent to about 8.9 million dollars). These monthly revenues alone constituted about 20.4% of Kingdom Holding’s total revenues in the third quarter of 2026, which amounted to 850.3 million riyals, while the club’s profits contributed about 10.8% of the group’s net profits.
It is noteworthy that “Kingdom Holding” had acquired 70% of Al Hilal’s shares at the beginning of last September for 840 million riyals, while the Saudi Public Investment Fund retained the remaining 30% stake.
According to data from the Saudi “Tadawul” platform, the total value of the club’s ownership rights was recorded at about 1.2 billion riyals, while its assets upon completion of the deal amounted to 2.74 billion riyals, compared to financial obligations worth 1.83 billion riyals.
These huge financial results confirm the size of the returns achieved by Al Hilal Club during the first month of the transfer of its majority stake to the private sector, in a step that embodies the success of the process of privatizing Saudi sports clubs and enhancing their investment value.
