×
Al-Hilal sold — Who is the new majority-stake owner?  The Saudi sovereign wealth fund has sold its majority stake in one of the kingdom’s top football teams, Al-Hilal.The Public Investment Fund announced it was selling a 70 per cent stake in the record 21-time Saudi football champion to Kingdom Holding Company — a firm run by Prince Alwaleed bin Talal, a member of Saudi Arabia’s royal family.Al-Hilal was one of four Saudi Pro League clubs controlled by PIF. The others are Al-Nassr, where Cristiano Ronaldo plays, as well as Al-Ittihad and Al-Ahli. In football, PIF also has a majority stake in Newcastle in the English Premier League.In a statement on Thursday, the investment fund said the sale of Al-Hilal “aligns with PIF’s strategy to maximise returns and redeploy capital within the domestic economy” in its wider bid to drive “the development and diversification of Saudi Arabia.”ALSO READ | LIV Golf CEO says the show will go on amid reports of Saudi Arabia funding uncertainty“PIF is unlocking opportunities to make a transformative impact in the Saudi sports sector and deliver positive, long-term results.”The agreement came the same week as speculation about whether PIF was on the brink of cutting its financial backing of the divisive upstart LIV Golf competition.Following reports that PIF would be pulling out of LIV, the competition CEO said in a memo to his staff — a copy of which was sent to The        Associated Press — that the 2026 season would go ahead “exactly as planned, uninterrupted and at full throttle.” The situation beyond 2026 remained cloudy, however.Published on Apr 17, 2026  #AlHilal #sold #majoritystake #owner

Al-Hilal sold — Who is the new majority-stake owner?

The Saudi sovereign wealth fund has sold its majority stake in one of the kingdom’s top football teams, Al-Hilal.

The Public Investment Fund announced it was selling a 70 per cent stake in the record 21-time Saudi football champion to Kingdom Holding Company — a firm run by Prince Alwaleed bin Talal, a member of Saudi Arabia’s royal family.

Al-Hilal was one of four Saudi Pro League clubs controlled by PIF. The others are Al-Nassr, where Cristiano Ronaldo plays, as well as Al-Ittihad and Al-Ahli. In football, PIF also has a majority stake in Newcastle in the English Premier League.

In a statement on Thursday, the investment fund said the sale of Al-Hilal “aligns with PIF’s strategy to maximise returns and redeploy capital within the domestic economy” in its wider bid to drive “the development and diversification of Saudi Arabia.”

ALSO READ | LIV Golf CEO says the show will go on amid reports of Saudi Arabia funding uncertainty

“PIF is unlocking opportunities to make a transformative impact in the Saudi sports sector and deliver positive, long-term results.”

The agreement came the same week as speculation about whether PIF was on the brink of cutting its financial backing of the divisive upstart LIV Golf competition.

Following reports that PIF would be pulling out of LIV, the competition CEO said in a memo to his staff — a copy of which was sent to The Associated Press — that the 2026 season would go ahead “exactly as planned, uninterrupted and at full throttle.” The situation beyond 2026 remained cloudy, however.

Published on Apr 17, 2026

#AlHilal #sold #majoritystake #owner

The Saudi sovereign wealth fund has sold its majority stake in one of the kingdom’s top football teams, Al-Hilal.

The Public Investment Fund announced it was selling a 70 per cent stake in the record 21-time Saudi football champion to Kingdom Holding Company — a firm run by Prince Alwaleed bin Talal, a member of Saudi Arabia’s royal family.

Al-Hilal was one of four Saudi Pro League clubs controlled by PIF. The others are Al-Nassr, where Cristiano Ronaldo plays, as well as Al-Ittihad and Al-Ahli. In football, PIF also has a majority stake in Newcastle in the English Premier League.

In a statement on Thursday, the investment fund said the sale of Al-Hilal “aligns with PIF’s strategy to maximise returns and redeploy capital within the domestic economy” in its wider bid to drive “the development and diversification of Saudi Arabia.”

ALSO READ | LIV Golf CEO says the show will go on amid reports of Saudi Arabia funding uncertainty

“PIF is unlocking opportunities to make a transformative impact in the Saudi sports sector and deliver positive, long-term results.”

The agreement came the same week as speculation about whether PIF was on the brink of cutting its financial backing of the divisive upstart LIV Golf competition.

Following reports that PIF would be pulling out of LIV, the competition CEO said in a memo to his staff — a copy of which was sent to The Associated Press — that the 2026 season would go ahead “exactly as planned, uninterrupted and at full throttle.” The situation beyond 2026 remained cloudy, however.

Published on Apr 17, 2026

Source link
#AlHilal #sold #majoritystake #owner

Previous post

Deadspin | Iranian soccer players in Australia thankful for ‘safe haven’ <div id=""><section id="0" class=" w-full"><div class="xl:container mx-0 !px-4 py-0 pb-4 !mx-0 !px-0"><img src="https://images.deadspin.com/tr:w-900/19163721.jpg" srcset="https://images.deadspin.com/tr:w-900/19163721.jpg" alt="Syndication: Arizona Republic" class="w-full" fetchpriority="high" loading="eager"/><span class="text-0.8 leading-tight">Demonstrators wave Iranian flags in solidarity with the people of Iran during a rally at Arizona State University in Tempe on Oct. 1, 2022. News Support Women In Iran Solidarity Event<!-- --> <!-- --> </span></div></section><section id="section-1"> <p>Two members of the Iranian women’s soccer team who were granted asylum in Australia last month, released a joint statement Friday thanking the Australian government for assistance with “the process of rebuilding our lives.”</p> </section><section id="section-2"> <p>Fatemeh Pasandideh and Atefeh Ramezanisadeh were the only two of seven members of the Iran traveling party who remained in Australia after the group first sought asylum during the Asian Cup tournament. Four players and one staff member ultimately returned to Iran.</p> </section><section id="section-3"> <p>During their time in Australia so far, both players had the chance to train with A-League team Brisbane Roar FC.</p> </section><br/><section id="section-4"> <p>“At this stage, our primary focus is on our safety, our health and beginning the process of rebuilding our lives,” the pair said in a statement released through the Australian Associated Press. “We are elite athletes, and it remains our dream to continue our sporting careers here in Australia.”</p> </section> <section id="section-5"> <p>Pasandideh and Ramezanisadeh thanked the Australian government, in particular home affairs minister Tony Burke, for providing “a safe haven in this beautiful country.”</p> </section><section id="section-6"> <p>The team arrived in Australia in late February, just before the United States and Israel began air strikes against Iran. The team did not sing the words to the Iranian national anthem before a March 2 game against South Korea, setting off a controversy back home, but sang the words in subsequent games.</p> </section><section id="section-7"> <p>“We’ve been working very, very closely with them, but obviously this is a very complex situation,” Matt Thistlethwaite, an assistant immigration minister for Australia, told Sky News last month. “… They’re being given all the support of the Australian government and indeed the diaspora community to remain here and settle in Australia.”</p> </section><br/><section id="section-8"> <p>–Field Level Media</p> </section> </div> #Deadspin #Iranian #soccer #players #Australia #thankful #safe #haven

Next post

Deadspin | ATP roundup: Semifinals set at Barcelona and Munich <div id=""><section id="0" class=" w-full"><div class="xl:container mx-0 !px-4 py-0 pb-4 !mx-0 !px-0"><img src="https://images.deadspin.com/tr:w-900/19810019.jpg" srcset="https://images.deadspin.com/tr:w-900/19810019.jpg" alt="Tennis: Australian Open" class="w-full" fetchpriority="high" loading="eager"/><span class="text-0.8 leading-tight">Jan 18, 2023; Melbourne, Victoria, Australia; Alex Molcan during his second round match against Felix Auger-Aliassime on day three of the 2023 Australian Open tennis tournament at Melbourne Park. Mandatory Credit: Mike Frey-Imagn Images<!-- --> <!-- --> </span></div></section><section id="section-1"> <p>Unseeded Slovakian qualifier Alex Molcan continued his strong run in Munich on Friday and joined three top seeds in the semifinals at the BMW Open.</p> </section><section id="section-2"> <p>Molcan defeated Canadian Denis Shapovalov 6-4, 6-4 in 78 minutes in the quarterfinals of the ATP 500 clay-court tournament. Up next is No. 2 seed Ben Shelton, who outlasted Brazil’s Joao Fonseca 6-3, 3-6, 6-3.</p> </section><section id="section-3"> <p>Saturday’s other semifinal pits No. 1 seed Alexander Zverev of Germany and No. 4 Flavio Cobolli of Italy. Zverev rallied for a 5-7, 6-0, 6-2 win against No. 5 Francisco Cerundolo of Argentina, while Cobolli cruised to a 6-3, 6-2 win over Vit Kopriva of the Czech Republic. </p> </section><br/><section id="section-4"> <p>Barcelona Open</p> </section> <section id="section-5"> <p>Spanish wild card Rafael Jodar roared into the semifinals with a 6-3, 6-2 victory against No. 7 seed Cameron Norrie of Great Britain in just 69 minutes.</p> </section><section id="section-6"> <p>Jodar advanced to face ninth-seeded Frenchman Arthur Fils, who earned a 6-3, 6-4 upset of No. 2 seed Lorenzo Musetti of Italy in the quarterfinals of the ATP 500 clay-court event.</p> </section><section id="section-7"> <p>No. 5 seed Andrey Rublev and Serbian qualifier Hamad Medjedovic will meet in the other semifinal. Rublev rolled to a 6-4, 6-3 win against Czech Tomas Machac and Medjedovic took care of Portugal’s Nuno Borges, 7-6 (6), 6-2.</p> </section><br/><section id="section-8"> <p>–Field Level Media</p> </section> </div> #Deadspin #ATP #roundup #Semifinals #set #Barcelona #Munich

When I arrived to cover the Minnesota Vikings for the St. Paul Pioneer Press in 2000, it was clear I was dealing with a star-studded roster.

The team boasted future Pro Football Hall of Famers; wide receivers Cris Carter and Randy Moss and defensive tackle John Randle. Plus, there were a ton of other stars including quarterback Daunte Culpepper, center Matt Birk and running back Robert Smith. The Vikings were loaded with star power.

The talent around the team wasn’t relegated simply to the roster, however.

That summer I first laid my eyes on a 16-year-old high school junior named Larry Fitzgerald Jr. The son of a local media member and close friend of Vikings’ head coach Dennis Green, Little Fitzy was a ball boy during training camp and on game days. It turns out, Larry Fitzgerald Jr. is very likely the most famous former NFL ball boy in history.

On reporting date, fellow reporter Kevin Seifert pointed out Fitzgerald to me and said “that’s a bad man.” Seifert didn’t say that about any of the actual Vikings that day.

Fitzgerald was already known as the best Minnesota high school prospect in years and he was considered one of the best high school players in the country. Seifert told me the buzz was that the kid was, no doubt, headed to the NFL in a half decade or so. Seifert was on the money. I’m not sure the Hall of Fame was mentioned or not.

But this weekend of course, that’s exactly where Little Fitzy is headed. He will be enshrined into the Pro Football Hall of Fame in Canton, Ohio, on Saturday as a first-ballot Hall of Famer.

Fitzgerald will be remembered as one of the best and most productive wide receivers in league history after an incredible 17-season career with the Arizona Cardinals.

I have a ton of memories of being around Fitzgerald, but there’s one that stands out among them all.

One day after training camp, a nameless Vikings’ wide receiver camp body was getting extra work on a JUGS machine, catching balls. He was being tutored by Fitzgerald, who was showing this player how to properly approach the incoming ball. This was a child instructing a grown man an NFL team deemed good enough to attend training camp.

Larry Fitzgerald Jr. was special even back then.

In addition to his incredible natural football ability, Larry Fitzgerald Jr. stood out for his politeness and good nature. You could tell he was a good kid from the first time you met him.

There was no I’m-going-to-be-a-star attitude. He was genuine and he worked his tail off with the rest of the ball boys. There was no entitlement. It was as if he was using his time around an NFL camp as an internship for his future. He passed with flying colors.

I’ve always cherished following his career from his days at Pittsburgh in college to his days of dominating the NFL and I’ve enjoyed running into him over the years now and again.

Enjoy Canton, Little Fitzy, you’ve earned it.

#Larry #Fitzgeralds #Hall #Fame #induction #years #making">Larry Fitzgerald’s Hall of Fame induction is 25 years in the making  When I arrived to cover the Minnesota Vikings for the St. Paul Pioneer Press in 2000, it was clear I was dealing with a star-studded roster.The team boasted future Pro Football Hall of Famers; wide receivers Cris Carter and Randy Moss and defensive tackle John Randle. Plus, there were a ton of other stars including quarterback Daunte Culpepper, center Matt Birk and running back Robert Smith. The Vikings were loaded with star power.The talent around the team wasn’t relegated simply to the roster, however.That summer I first laid my eyes on a 16-year-old high school junior named Larry Fitzgerald Jr. The son of a local media member and close friend of Vikings’ head coach Dennis Green, Little Fitzy was a ball boy during training camp and on game days. It turns out, Larry Fitzgerald Jr. is very likely the most famous former NFL ball boy in history.On reporting date, fellow reporter Kevin Seifert pointed out Fitzgerald to me and said “that’s a bad man.” Seifert didn’t say that about any of the actual Vikings that day.Fitzgerald was already known as the best Minnesota high school prospect in years and he was considered one of the best high school players in the country. Seifert told me the buzz was that the kid was, no doubt, headed to the NFL in a half decade or so. Seifert was on the money. I’m not sure the Hall of Fame was mentioned or not.But this weekend of course, that’s exactly where Little Fitzy is headed. He will be enshrined into the Pro Football Hall of Fame in Canton, Ohio, on Saturday as a first-ballot Hall of Famer.Fitzgerald will be remembered as one of the best and most productive wide receivers in league history after an incredible 17-season career with the Arizona Cardinals.I have a ton of memories of being around Fitzgerald, but there’s one that stands out among them all.One day after training camp, a nameless Vikings’ wide receiver camp body was getting extra work on a JUGS machine, catching balls. He was being tutored by Fitzgerald, who was showing this player how to properly approach the incoming ball. This was a child instructing a grown man an NFL team deemed good enough to attend training camp.Larry Fitzgerald Jr. was special even back then.In addition to his incredible natural football ability, Larry Fitzgerald Jr. stood out for his politeness and good nature. You could tell he was a good kid from the first time you met him.There was no I’m-going-to-be-a-star attitude. He was genuine and he worked his tail off with the rest of the ball boys. There was no entitlement. It was as if he was using his time around an NFL camp as an internship for his future. He passed with flying colors.I’ve always cherished following his career from his days at Pittsburgh in college to his days of dominating the NFL and I’ve enjoyed running into him over the years now and again.Enjoy Canton, Little Fitzy, you’ve earned it.  #Larry #Fitzgeralds #Hall #Fame #induction #years #making

Follow Sportstar for extensive coverage of the tenth edition of the TNPL, from live scores and match reports to exclusive analysis and features.

TOSS

Tiruppur Tamizhans won the toss and chose to bowl first.

PLAYING XIs

Nellai Royal Kings: Athish SR(w), D Santhosh Kumar, Ajitesh Guruswamy, U Mukilesh, Rithik Easwaran, Sonu Yadav(c), Muhammed Adnan Khan, Ramalingam Rohit, Emmanuel Cherian, NS Harish, Rocky Bhasker

Tiruppur Tamizhans: Tushar Raheja(w), Amit Sathvik, Pradosh Ranjan Paul, Mohamed Ali, Uthirasamy Sasidev, Ravisrinivasan Sai Kishore(c), M Mathivannan, S Mohan Prasath, R Silambarasan, Esakkimuthu A, T Natarajan

Published on Aug 09, 2026

#TNPL #Live #Allround #batting #display #propels #Nellai #Royal #Kings">TNPL 2026 Live: All-round batting display propels Nellai Royal Kings to 206/8  Follow Sportstar for extensive coverage of the tenth edition of the TNPL, from live scores and match reports to exclusive analysis and features.TOSSTiruppur Tamizhans won the toss and chose to bowl first.PLAYING XIsNellai Royal Kings: Athish SR(w), D Santhosh Kumar, Ajitesh Guruswamy, U Mukilesh, Rithik Easwaran, Sonu Yadav(c), Muhammed Adnan Khan, Ramalingam Rohit, Emmanuel Cherian, NS Harish, Rocky BhaskerTiruppur Tamizhans: Tushar Raheja(w), Amit Sathvik, Pradosh Ranjan Paul, Mohamed Ali, Uthirasamy Sasidev, Ravisrinivasan Sai Kishore(c), M Mathivannan, S Mohan Prasath, R Silambarasan, Esakkimuthu A, T NatarajanPublished on Aug 09, 2026  #TNPL #Live #Allround #batting #display #propels #Nellai #Royal #Kings

Post Comment