Who Owns Al Hilal?
Al Hilal is owned by the Saudi Public Investment Fund (PIF) through its ownership of the club. The club competes in the Saudi Pro League, Saudi Arabia's top football division. Al Hilal is based in Riyadh, Saudi Arabia, and is one of the most successful football clubs in Asia.
Parent Company
Public Investment Fund (Saudi Arabia)
Founded
1957
Status
Private
Headquarters
Riyadh, Saudi Arabia
Who Owns Al Hilal?
- Parent Company: Public Investment Fund (Saudi Arabia)
- Ownership Type: State owned
- Company Type: State-Owned
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Al Hilal | Public Investment Fund (Saudi Arabia) | State owned |
History of Al Hilal
- Founded: 1957
- Founders: Saudi Arabian founders
Al Hilal was founded in 1957 as a professional football club in Riyadh, Saudi Arabia. The club quickly became one of the most successful teams in Asian football, winning numerous domestic and continental titles throughout its history. Al Hilal established itself as a powerhouse in the Saudi Pro League and Asian football competitions, developing a strong tradition of excellence and competitive success. This remarkable rise to prominence established Al Hilal as one of the most decorated football clubs in Asian football history, with a legacy of success that spans decades of competitive achievement and has contributed significantly to the development of football in Saudi Arabia and across the Asian continent.
In recent years, the Saudi Public Investment Fund acquired ownership of Al Hilal as part of broader investment in Saudi sports development and the Saudi Pro League's global expansion. The PIF's acquisition marked a significant investment in the club, providing substantial financial resources for player recruitment and infrastructure development. Under PIF ownership, Al Hilal has attracted world-class international players, significantly raising the club's global profile and competitive ambitions. This strategic investment represents Saudi Arabia's commitment to developing world-class sports infrastructure and competing at the highest levels of international football while leveraging sports as a vehicle for economic diversification and international engagement.
The club's transformation under PIF ownership reflects Saudi Arabia's Vision 2030 strategy, which emphasizes sports development and global engagement. Al Hilal has become a flagship asset for PIF's sports investment portfolio, competing at the highest levels of Asian and global football. The club's evolution from a domestic powerhouse to a globally recognized football institution demonstrates the successful implementation of Saudi Arabia's sports development strategy and its ambition to become a major player in international football. This transformation showcases how strategic state investment can elevate a successful domestic club to global prominence while maintaining its cultural significance and connection to local supporters.
About Public Investment Fund (Saudi Arabia)
What does the Public Investment Fund own?
PIF owns a diverse global portfolio including a majority stake in Lucid Motors (electric vehicles), Newcastle United Football Club, a significant stake in Uber Technologies, and a large commitment to SoftBank's Vision Fund. Domestically, PIF funds Saudi Arabia's giga-projects including NEOM, the Red Sea Project, Qiddiya, and Diriyah, and holds stakes in dozens of Saudi companies across entertainment, tourism, technology, and manufacturing.
Who controls the Public Investment Fund?
PIF is wholly owned by the Kingdom of Saudi Arabia. Crown Prince Mohammed bin Salman chairs PIF's board of directors and is the primary architect of the fund's expanded mandate under Vision 2030. Yasir Al-Rumayyan serves as Governor (CEO equivalent) of PIF.
How large is the Public Investment Fund?
As of early 2026, PIF manages assets of more than $930 billion, making it one of the world's largest sovereign wealth funds. The fund has a stated target of managing $2 trillion in assets by 2030 as part of Saudi Arabia's Vision 2030 economic diversification strategy.
Where is the Public Investment Fund headquartered?
PIF is headquartered in Riyadh, Saudi Arabia. The fund invests both domestically in Saudi Arabia and internationally in global companies and assets across technology, real estate, sports, infrastructure, and other sectors.
What is Vision 2030?
Vision 2030 is Saudi Arabia's strategic framework for economic diversification, announced by Crown Prince Mohammed bin Salman in April 2016. The strategy aims to reduce Saudi Arabia's dependence on oil revenue by developing new industries including tourism, entertainment, technology, and manufacturing. PIF is a central instrument of Vision 2030, providing capital for domestic development projects and international investments.
Is the Public Investment Fund publicly traded?
No, PIF is not publicly traded. It is wholly owned by the Kingdom of Saudi Arabia and is not listed on any stock exchange. PIF publishes annual reports with high-level information about its portfolio and strategy, but does not publish detailed financial statements comparable to those of publicly listed companies.
- Founded: 1971
- Headquarters: Riyadh, Saudi Arabia
- Company Type: State-Owned
Where Is Al Hilal Made / Based?
- Headquarters: Riyadh, Saudi Arabia
- Manufacturing / Operations: Saudi Arabia
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Competitors to Al Hilal
These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.
| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| Jinnah Sports Games | Pakistan | 2016 | Mass Market | Global | All Genders | |
| United Breweries Group | India | 2008 | Mass Market | Global | All Genders | |
| Endeavor | USA | 1993 | Mass Market | North America | All Genders |
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Competitive Analysis
Market Positioning: Al Hilal competes with 3 brands in the same categories, ranging from mass market to luxury positioning.
Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.
Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.
Jobs at Public Investment Fund (Saudi Arabia)
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