Transfers

Meet the billionaires behind Al-Hilal’s world record £259m bid for Mbappe

PSG have accepted a world record £259 million transfer fee from Al-Hilal for wantaway striker Kylian Mbappe.

The French giants are desperate for a sale this year to avoid Mbappe leaving Parc des Princes as a free agent next summer, and as such they have granted Al-Hilal permission to speak with the player.

However, the 24 year-old is said to be uninterested in a move to the Saudi Pro League and his preference is to hold out for Real Madrid in 2024.

Along with the transfer fee, the Saudi side have also reportedly offered Mbappe a jaw-dropping £604 million in wages for just a single season with the club.

So, who exactly are the owners behind the Al-Hilal mega-money offer and which players have they signed so far during the summer 2023 transfer window?

Here is everything you need to know.

Who owns Al-Hilal?
Al Hilal is under shared ownership, with the Public Investment Fund (PIF) the majority owner with a 75% share.

The remaining 25% is controlled by the Al Hilal Non-Profit Foundation.

The PIV is the sovereign wealth fund of Saudi Arabia, and with total estimated assets of around £320 billion, it is one of the largest in the world.

It was set up in 1971 to invest money on behalf of the government, and has been controlled by Crown Prince Mohammed bin Salman, de facto ruler of Saudi Arabia, since 2015.

The PIF is playing a crucial part in Saudi’s strategy, named Vision 2030, to diversify the nation’s economy away from its dependence on oil.

The sovereign wealth fund bought Newcastle United for £300 million in October 2021, acquiring an 80% stake in the Premier League side with PIF governor Yasir Al-Rumayyan installed as the club’s chairman.

As well as taking control of Al-Hilal in June, the PIF also took a 75% stake in three of the other biggest teams in the Kingdom as it attempts to turbo boost the profile of the league; Al-Ittihad, Al-Ahli and Al-Nassr.

Al-Hilal are the most decorated team in Asia, with 66 official honours to their name, including a record eight AFC Champions League titles.

Which players have Al-Hilal signed so far?
Ruben Neves ended his six-year stay at Wolves with a £47 million move to the club in June.

Aged just 26, the Portuguese midfielder’s transfer represented the first time that a player deemed to be in his prime has moved to the Saudi Pro League.

Neves is joined at Al-Hilal by Sergej Milinkovic-Savic, who swapped Champions League football with Lazio to move to the Middle East in a £34 million deal.

The hugely talented midfielder, 28, had been regularly linked with some of the biggest names in European football over the past few seasons.

Kalidou Koulibaly also now plys his trade in Riyadh following his £17 million move from Chelsea, where he spent a sole season having only signed from Napoli last year.

The squad also contains former West Brom player Matheus Pereira and ex-Porto striker Moussa Marega, although the duo are not currently registered to play.

Former Benfica and Sporting winger Andre Carrillo has been with Al-Hilal since 2018.

Transfers

Chelsea Launch Transfer Bid For Bellingham

Chelsea have reportedly made an offer to sign Sunderland’s rising star Jobe Bellingham.

The Blues have made a habit of investing in young talent as part of their long-term strategy, and the midfielder has emerged as a prime target to bolster Enzo Maresca’s midfield options.

The 19-year-old midfielder, who is the younger brother of Real Madrid star Jude Bellingham, had previously shown a preference for a move abroad. However, Chelsea’s fresh offer appears to have altered the situation significantly.

“I left Arsenal because my wife told me she wanted to get out of London – then six months later she told me to go BACK!” – which Arsenal legend instantly regretted leaving?

Arsenal, Manchester United, Tottenham, and Crystal Palace have all been linked with Bellingham, but Chelsea’s bid could now put them firmly in the driving seat. Sunderland, meanwhile, are hoping to keep hold of their young star, particularly if they achieve promotion to the Premier League through the play-offs.

With Bellingham contracted until 2028, the Championship side holds a strong position in negotiations – while it’s not clear whether he’d be open to a switch to west London.

FootballTransfers previously reported that Sunderland have a gentleman’s agreement in place, allowing Bellingham to leave this summer if a suitable offer arrives, which is believed to be in the region of £20million.

Unlike his brother who is deployed as a No.10 at Los Blancos, the younger Bellingham operates more as a traditional box-to-box midfielder.

Transfers

Arsenal Ready Bid For ‘World-Class’ La Liga Defender

Arsenal are preparing to test Barcelona’s resolve this summer with a bold €60 million move for Jules Kounde, according to reports in Spain.

While the Gunners’ priority remains strengthening their attack, Fichajes claims manager Mikel Arteta is keen to bolster his defence too, and Kounde – called “world-class” by scout Jacek Kulig – has emerged as a prime target ahead of the summer transfer window.

Despite Barcelona’s stance that Kounde isn’t actively on the market, Arsenal believe the Catalan giants’ financial situation could force them to consider offers. The Gunners are prepared to offer €60m for the versatile defender, but the likes of Chelsea are reportedly in the race, too.

“I left Arsenal because my wife told me she wanted to get out of London – then six months later she told me to go BACK!” – which Arsenal legend instantly regretted leaving?

Barcelona’s ongoing financial concerns, coupled with the delayed reopening of the Camp Nou, may leave them with little choice but to cash in. The club is said to value Kounde closer to €70m but could still accept Arsenal’s bid if they secure a suitable replacement. Man United were previously linked with a huge €100m move.

Arteta is reportedly drawn to Kounde’s ability to slot in at both right-back and centre-back, with Arsenal already having similar players who can play across the backline.

It’s thought that the Frenchman’s pace, distribution, and experience at the top level are seen as key assets that would enhance the Gunners’ backline.

Transfers

Mikel Arteta Told To Complete ‘No-Brainer’ Transfer To Replace Arsenal Duo

Mikel Arteta has been urged to push ahead with a move for Joshua Kimmich this summer.

Kimmich has emerged as a top target for Arsenal as his contract talks at Bayern Munich continue to stall. The German has established himself as one of the Bundesliga’s top players since arriving at Bayern in 2015.

He has won eight league titles, three DFB-Pokals and the 2020 Champions League. But his contract with Bayern will expire at the end of this season and the German giants are struggling to tie him down to a new deal.

Those roadblocks have seen Arsenal become interested in the 30-year-old. Former Spurs star Michael Dawson has urged the Gunners to push to sign him, singling Kimmich out as the perfect man to replace Thomas Partey and Jorginho.

“I think he’s a very, very good player. He’s done it for a long time in Germany at the age of 30. His contract is coming to an end and it doesn’t look like it’s going to be renewed,” Dawson told Sky Sports.

“The reason Arsenal are probably looking at this is because you go, ‘Is Jorginho going to go? Is Thomas Partey going to go?’, so you need to replace them. And if he’s a free agent then you get the experience, the quality that he possesses and it’s a no-brainer really on that front.

“Kimmich, I can see why they would go for him, of course. The experience and what he could bring if those two players [Jorginho and Partey] do leave Arsenal. You’re bringing in someone who is tried and trusted… no-brainer.”

It has been reported that Bayern recently withdrew their latest offer of a new deal to Kimmich. The German is thought to be pushing for an increase on his current £320,000 per week wage packet.

According to Sky Germany, Arsenal are looking to take advantage of the situation and have already held talks with Kimmich over a move. He is said to interested in hearing what they have to say.

It is understood that has informed Bayern chiefs Max Eberl and Christoph Freund about the offers. Sporting director Eberl remains hopeful an agreement can still be reached with Kimmich over a renewal before the season comes to an end.

“Generally speaking, nobody is above the club,” he told German newspaper Bild. “If a player decides differently, then he decides differently. Things will continue at FC Bayern. We are not at that point with Kimmich.

“I’ve never given updates on negotiations, won’t be doing that now either because that’s inappropriate. We treat each other with big respect – we’re talking. What’s important is how Josh and we as a club treat each other.”