An Administrative Earthquake Looms at Al Hilal.. An Expected Step That May Bring Bin Nafel Back to the Forefront
Conversations are intensifying within the sports community about the possibility of Fahd bin Nafel, the former president of Al-Hilal, returning to take on an executive position within the club in the upcoming period.
These developments are linked to a major upcoming administrative event that is expected to bring fundamental changes to the management structure of the Blue Castle.
Media reports indicated that Prince Alwaleed bin Talal is close to announcing his acquisition of ownership of Al Hilal Club, in a major deal with the Public Investment Fund.
The program "Malaeb" on Al Arabiya FM mentioned that the transfer of ownership of Al Hilal to Alwaleed bin Talal may open the door for Fahd bin Nafel to return as the club's CEO.
Prince Nawaf bin Saad currently serves as the Chairman of the Board of Directors of the non-profit Al Hilal Club Company, following the end of bin Nafel's tenure, which was marked by notable achievements.
Media sources indicate that the official announcement of the acquisition deal may take place during this December, amid great anticipation from Al-Hilal fans.
According to media reports, the value of the deal for Alwaleed bin Talal's acquisition of ownership of Al Hilal may reach approximately 7.5 billion Saudi riyals, equivalent to 2 billion dollars.
These developments are linked to a major upcoming administrative event that is expected to bring fundamental changes to the management structure of the Blue Castle.
Media reports indicated that Prince Alwaleed bin Talal is close to announcing his acquisition of ownership of Al Hilal Club, in a major deal with the Public Investment Fund.
The program "Malaeb" on Al Arabiya FM mentioned that the transfer of ownership of Al Hilal to Alwaleed bin Talal may open the door for Fahd bin Nafel to return as the club's CEO.
Prince Nawaf bin Saad currently serves as the Chairman of the Board of Directors of the non-profit Al Hilal Club Company, following the end of bin Nafel's tenure, which was marked by notable achievements.
Media sources indicate that the official announcement of the acquisition deal may take place during this December, amid great anticipation from Al-Hilal fans.
According to media reports, the value of the deal for Alwaleed bin Talal's acquisition of ownership of Al Hilal may reach approximately 7.5 billion Saudi riyals, equivalent to 2 billion dollars.