Al-Hilal Club is one of the sports clubs in the Kingdom of Saudi Arabia. Its main headquarters is based in the capital, Riyadh, and is ranked among eighteen clubs in the Roshn Saudi League.
Establishment of al-Hilal SFC
Al-Hilal Club began under the name "Olympic," founded on October 14, 1957, before changing its name to al-Hilal on December 2, 1958.
Investments of al-Hilal
Founded in 2019, al-Hilal Club Investment Company is a closed joint-stock company based in Riyadh, and its shares are fully owned by al Hilal SFC. It works to manage, invest, operate, market, and utilize all of the club's trademarks and licenses for third-party use. Additionally, it is responsible for developing, managing, and operating all investment programs with fans and membership programs.
Al-Hilal Club Investment Company is responsible for owning, managing, and operating all investment and commercial rights related to the club, its players, programs, and projects. This includes marketing, operation, sales, and management of all relationships with investors. The company also handles the management and operation of all investment, sponsorship, licensing, advertising, leasing contracts, and obtaining or providing services.
Al-Hilal Club Academy
Al-Hilal launched its first private academy in 2019. The following October, al-Hilal opened its first branch in northern Riyadh (Kingdom Schools), with nine branches in Riyadh, enrolling 2,300 players, and eighty-three administrative and technical specialists.
Al-Hilal Club Sports
Al-Hilal registers 1,570 players in twenty-five sports: football, basketball, volleyball, handball, table tennis, tennis, athletics, boxing, wrestling, weightlifting, bodybuilding, swimming, judo, karate, taekwondo, fencing, gymnastics, cycling, billiards, darts, squash, badminton, padel, and indoor cycling.
Transformation of al-Hilal Club into a company
The Ministry of Sport announced on June 5, 2023, the transformation of al-Hilal Club into a company owned by the Public Investment Fund, along with the establishment of an investment fund for the company. The club's value would be deposited into the investment fund in exchange for the transfer of ownership. The objective is to achieve sustainable returns for the club company. The PIF’s stake was set at 75 percent of company equity, and the remaining 25 percent owned by a non-profit organization, in line with the investment and privatization project launched by His Royal Highness Prince Mohammed Bin Salman Bin Abdulaziz Al Saud, crown prince and prime minister.
Related quizzes