Al-Hilal appoints first president after acquisition

Al-Hilal Saudi Club announced the appointment of Prince Nawaf bin Saad as the president of the club's board following the completion of the takeover by Kingdom Holding Company, owned by Prince Alwaleed bin Talal, which acquired 70% of the club's shares. This comes as the culmination of an official acquisition process that took place last week, and according to the statement, new members have been appointed to the club's board of directors to support its progress under the new ownership.

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