Connect with us

Transfers

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

Published

on

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.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Transfers

Transfer: Trabzonspor keen to extend Onuachu’s loan for another season

Published

on

By

Transfer: Trabzonspor keen to extend Onuachu’s loan for another season

Trabzonspor want to take Southampton forward Paul Onuachu on loan for another season.

Onuachu joined the Turkish Super Lig side on a season-long loan last summer.

The Nigeria international has registered nine goals and three assists in 17 league appearances for Trabzonspor.

The Black Sea Storm are keen to sign the striker permanently but cannot meet up with Southampton’s €15 million valuation.

According to a report in Transfermarkt, Trabzonspor president, Ertugrul Dogan is pushing hard to have Onuachu at the club at least for another season.

A return to Southampton is highly unlikely for the lanky hitman, who struggled to establish himself during his six-month stay at the club.

Continue Reading

Transfers

Transfer: Napoli identify top striker to replace Osimhen

Published

on

By

Transfer: Napoli identify top striker to replace Osimhen

Napoli have identified Lille striker, Jonathan David as the top target to replace departing Victor Osimhen.

Despite signing a contract extension with Napoli last December, Osimhen is set to leave the Italian side at the end of the season.

Paris Saint-Germain is leading the race to sign him as a replacement for Real Madrid-bound Kylian Mbappe.

Chelsea are also said to be interested in signing the Nigeria international as their marquee forward signing to take the club to the next level.

La Gazzetta dello Sport reports that Jonathan David is the top preference for Napoli.

David has scored 23 goals and provided 7 assists in 39 games so far this season, mirroring his output from the 2022-2023 campaign.

Continue Reading

Transfers

Transfer: Newcastle, Tottenham, Aston Villa, Barcelona, others battle for Ndidi

Published

on

By

Transfer: Newcastle, Tottenham, Aston Villa, Barcelona, others battle for Ndidi

Super Eagles midfielder, Wilfred Ndidi could be playing for Tottenham Hotspur or Newcastle United next season.

The two Premier League sides have joined a host of other European clubs keeping close tabs on the Nigeria international.

The 27-year-old, who is helping Leicester City make a swift return to the Premier League, is currently in the last months of his contract at the King Power Stadium.

Ndidi could leave on a free transfer after the expiration of his contract with the Foxes.

Tottenham, Newcastle, Aston Villa, Brighton & Hove, and Wolverhampton Wanderers are all monitoring the situation of Ndidi, according to HITC.

With Ndidi’s experience, Leicester City have worked themselves into a position to return to the top-flight of English football next season.

DAILY POST reported yesterday that La Liga giants, Barcelona are keen on bringing the Nigeria international in the summer.

Continue Reading

Trending