Al-Hilal Club’s revenues hit SR 1.090 billion during 2023-2024 season

Al-Hilal Club Company revealed that revenues in the 2023-2024 season reached 1.090 billion riyals, while activity implementation expenses amounted to 923.5 million riyals and net profit amounted to 33.3 thousand riyals, indicating that these figures do not include the player recruitment program.

The club’s commercial revenues reached 646 million riyals in 2023-2024 (without government support and bonuses) compared to 314 million riyals in the 2022-2023 season, an increase of 105%, as sponsorships are the highest income in the current season, with a value of 440 million riyals

According to the club’s annual report, the revenues of the members of the non-profit organization amounted to 188.7 million riyals, including 182.6 million riyals in support provided by Prince Alwaleed bin Talal, the golden honorary member. While the support of Fahd bin Nafel, the club’s president, amounted to one million riyals.

According to the report, 6 new sponsors were contracted during the sports season, bringing the total number to 17 sponsors, an increase of 54%, while sponsorship revenues increased by 89%. The report showed that the academies’ revenues amounted to 34.5 million riyals, and expenses amounted to 26.7 million riyals, bringing the net profit to 7.7 million riyals. As for Four Al Hilal Trading Company, its sales amounted to 49.9 million riyals compared to 33.1 million riyals in the previous fiscal year, an increase of 59%, while it achieved a profit of 23.6 million riyals compared to 16.7 million riyals in the previous year, an increase of 41%.