PIF’s Planned Exit Strategy Nears for Saudi Giants; Other Big Four on Similar Path.

Al-Hilal are progressing towards a shift to private ownership, moving away from majority control by Saudi Arabia’s Public Investment Fund (PIF), according to reliable journalist Ben Jacobs on January 1, 2026.

The takeover has “been on the cards for a while,” with PIF’s initial 75% stake (acquired in 2023 alongside Al-Nassr, Al-Ittihad, and Al-Ahli) always intended as a stabilization phase ahead of a “structured exit plan” for suitable private investors.

Al-Hilal – Asia’s most successful club – are the closest of the PIF-owned quartet to completing privatization. The other three (Al-Nassr, Al-Ittihad, Al-Ahli) remain on the “same long-term trajectory,” but no imminent changes expected.

This aligns with Saudi Vision 2030’s broader push to privatize Pro League clubs, attracting private capital while reducing direct state involvement post-initial investments (e.g., star signings like Neymar, Mitrovic).

No buyer named yet, but the process signals evolving ownership models in the Roshn Saudi League.