23 Hrs
Source:
الاقتصادية
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Al Hilal Saudi valued at 1.2 billion riyals
Kingdom Holding Company acquired a 70% stake in Al Hilal Club for approximately 840 million SAR, establishing the first actual valuation of a Saudi sports asset at 1.2 billion SAR for the club's equity and 1.4 billion SAR for the facility. This deal sets a new benchmark for evaluating major clubs in the Kingdom, as a specific price is now assigned to one of Saudi Arabia’s biggest teams. It is likely to influence the valuations of other clubs such as Al Nassr, Al Ittihad, and Al Ahli. The valuation reflects revenue growth (which reached 1.27 billion SAR last season) and limited profitability, but also underscores the value of the brand and future commercial opportunities, with an emphasis on cash flows and expansion in financial performance.
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