Skip to main content
You have permission to edit this article.
Edit

Saudi wealth fund sells football club Al-Hilal

  • 0

Front One Top

French striker Karim Benzema left Al-Ittihad to join Al-Hilal

French striker Karim Benzema left Al-Ittihad to join Al-Hilal

Saudi Arabia's sovereign wealth fund announced Thursday the sale of its majority stake in Saudi Pro League football club Al-Hilal, where French striker Karim Benzema plays. 

The PIF, which also owns English Premier League side Newcastle United,  sold 70 percent of Al-Hilal to Kingdom Holding Company (KHC), the firm run by Prince Alwaleed bin Talal, a billionaire businessman and member of the Saudi royal family. 

Keep reading

Originally published on doc.afp.com, part of the BLOX Digital Content Exchange.

Tags

Our Standards

(0) comments

Welcome to the discussion.

Keep it Clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
PLEASE TURN OFF YOUR CAPS LOCK.
Don't Threaten. Threats of harming another person will not be tolerated.
Be Truthful. Don't knowingly lie about anyone or anything.
Be Nice. No racism, sexism or any sort of -ism that is degrading to another person.
Be Proactive. Use the 'Report' link on each comment to let us know of abusive posts.
Share with Us. We'd love to hear eyewitness accounts, the history behind an article.

Test polling

You voted:

Global Side Primary

300 x 250 300 x 600