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Al Hilal launches new era with management change
The Saudi Al-Hilal Club has launched its post-acquisition phase of the company managing the club, with the first general assembly held after 70% of the shares were transferred to the "Kingdom Holding" company, while the Public Investment Fund retained a 30% stake. A new board of directors was elected, headed by Prince Nawaf bin Saad, and the administrative and supervisory structures were completed, with the company's valuation set at 1.2 billion riyals based on a deal worth 840 million riyals for 70% of the shares. This coincided with the unveiling of the team's third kit for the 2026/27 season, which features an interactive technology with ultraviolet rays and is part of the partnership with Puma.
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