Recent reports indicate that Prince Alwaleed bin Talal is negotiating with the fund to buy the largest share in Al Hilal Club (75%), while 25% remain in the hands of the non -profit company.
This step is seen as part of the Kingdom’s plan to convert the Saudi League into a global sports and commercial force, by attracting stars and expanding broadcasting rights.
365scores revealed that Al -Walid may use international partners to support his investment in Al Hilal, among the proposed names, American billionaire Elon Musk, Malik “Tesla” and “X”.
The relationship between the two men was strengthened after Al -Walid became the second largest shareholder in “X”, which may open the door for new cooperation if the fund agrees to enter foreign investors.
Al -Hilal is the most crowning club in Saudi Arabia and one of the most prominent sports brands in the region, which makes it an attractive choice for any global investor looking to enter the sports market in the Middle East.
Source: “Media”
Read more
Disclaimer: This news article has been republished exactly as it appeared on its original source, without any modification.
We do not take any responsibility for its content, which remains solely the responsibility of the original publisher.
Author:
Published on: 2025-10-01 09:21:00
Source: arabic.rt.com
