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البلاد
Kingdom Holding finalizes Al Hilal acquisition
Alkhemaeimah Holding Company announced the completion of its acquisition of a 70% stake in Al Hilal Saudi Club for 840 million Saudi Riyals, after fulfilling all conditions and paying the financial consideration, which values the equity at approximately 1.2 billion Riyals. This deal is part of the company's efforts to strengthen its presence in the sports sector and holds significant importance for the club and Saudi football in general. Additionally, I have learned that negotiations are underway between Al Hilal and the French club Saint-Étienne to sign the Senegalese defender Mamadou Sarr, with Chelsea demanding 60 million euros to release him.
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