Dossier
Al-Hilal
Coverage of Al-Hilal in the Nexus archive.
- Saudi soccer enters an era of prudent spending
Saudi soccer clubs are shifting from high-spending strategies to prudent financial management due to debt and revenue constraints. Al-Nassr, owned by the Public Investment Fund (PIF), faces a financial crisis exceeding $213 million in debts and has halted transfers, while Al-Hilal, now under billionaire Prince Alwaleed bin Talal, remains an exception with significant spending. PIF is restructuring its sports investments, reducing support for clubs like Al-Ittihad and Al-Ahli.