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Kingdom Holding Company (KHC) has officially completed its acquisition of a 70% stake in Al-Hilal Club Co. from the Public Investment Fund (PIF). The transaction was finalized for a total consideration of SAR 840 million after fulfilling all standard conditions and obtaining the necessary regulatory approvals, including no-objection clearance from the General Authority for Competition.
In an official filing to the Saudi Exchange (Tadawul), Kingdom Holding confirmed that the full transaction value was paid to PIF without any additional financial costs or changes to the original terms agreed upon in April 2026. The clearance marks a major structural shift in the commercialization and governance of Saudi sports enterprise assets.
