Prince Alwaleed bin Talal is in preliminary discussions with Saudi Arabia’s Public Investment Fund (PIF) to acquire its 75% stake in Al Hilal Football Club, Bloomberg reported, quoting sources close to the matter, who spoke on condition of anonymity.
The negotiations are at an early stage and may not result in a transaction. The deal structure, valuation and timeline remain unclear.
Currently, the remaining 25% of Al Hilal is held by a Saudi non-profit foundation primarily funded by Prince Alwaleed.
The move forms part of a broader strategy to privatise top Saudi Pro League clubs and boost the commercial value of domestic football, under Crown Prince Mohammed bin Salman’s Vision 2030.
In mid‑2023, PIF acquired 75% stakes in four leading clubs, Al Hilal, Al Nassr, Al Ittihad and Al Ahli, while the remainder stayed with non‑profit entities.
On its part, PIF has sought to offload minority stakes in these clubs to private investors. Al Kholood FC became the first Saudi club to be sold to foreign ownership in July.
Reports suggest Al Hilal is attracting strong interest from investors, with Prince Alwaleed already viewed as a front‑runner.
