Roshen League’s market value jumps 207% since launch of sports privatization project

The market value of the Saudi Roshen League has witnessed a significant increase of 207% following the implementation of the sports privatization project. The market value of Saudi clubs jumped from 1.298 billion riyals (approximately 332.257 million euros) in June 2023 to 3.981 billion riyals (1.01 billion euros) today.

After the Public Investment Fund (PIF) acquired the four major clubs in the Saudi League (Al-Hilal, Al-Nassr, Al-Ahli, and Al-Ittihad), these clubs have witnessed significant transformations on all levels. The PIF’s ownership, which aims to improve the administrative and financial performance of these clubs, has contributed to an unprecedented increase in their market value and increased their attractiveness both locally and internationally. This acquisition is part of a strategy to transform clubs into independent and profitable sports entities, enhancing the Roshen Saudi League’s presence on the global stage. Al-Hilal’s market value increased by 350.2% to €178.5 million, compared to €39.65 million in June 2023. Meanwhile, Al-Nassr’s market value increased by 118% to €175.63 million, compared to €80.55 million. Al-Ahly’s market value increased by 991%, reaching €169.93 million, up from €15.58 million in June 2023. Meanwhile, Al-Ittihad’s market value increased by 321.8% to €119.38 million, compared to €28.3 million. Following Aramco’s acquisition of Al-Qadisiyah Club, the club saw a staggering 3,398.6% increase in its market value, rising from €1.85 million to €64.73 million. This acquisition by Aramco reflects the growing interest of major companies in Saudi Arabia in supporting local sports. Aramco’s significant investment has contributed to a dramatic increase in Al-Qadisiyah’s value, making the club a stronger force on the sporting scene. This significant shift in the market value of Saudi clubs demonstrates the positive impact of the sports privatization project, which will contribute to enhancing the Saudi League’s global standing. It also reflects the significant interest of the PIF and Aramco in supporting Saudi clubs, a significant step toward developing local sports and strengthening the sports economy in the Kingdom.