Saudi Arabia Sells Al-Hilal Football Club
Al-Riyadh football club experienced a significant loss, impacting their standing in the league. This defeat is particularly detrimental as it affects their position relative to rivals like Al-Khaleej, Al-Fath, and Al-Shabab, who are competing closely in the standings. Saudi Arabia has sold the Saudi Pro League club Al-Hilal as part of a broader effort to modernize and diversify its economy through tourism. The sale follows a statement from the country's sovereign wealth fund, the PIF, regarding a focus on more sustainable investments. The Kingdom is scheduled to host the World Cup in 2034. Critics have accused the nation's sports investments of being an attempt to improve its human rights reputation through sports washing.
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Sources · 7 independent
SBA Radio Riyadh
“لكن خسارت الرياض هذه وقت قريحية كبيرة جداً للخلود والفتح والشباب والخلي لأن الخدود عنده 16 في المركز السابع عشر لو كان فاز أمص بصير نفس الظمك 26 رأي بغطوه على الخلود والفتح والشباب والخليج كلهم اللي عنده 29”
BBC Radio 4
“the country's sovereign wealth fund, the PIF, said it was focusing on more sustainable investments. then it has sold Saudi Pro League club Al-Hilal.”
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