RIYADH: Saudi Arabia’s Al-Hilal have found a new home for their matches this season with the under-construction Boulevard Hall in Riyadh.
Entertainment authority chief Turki Al-Sheikh said during a live on Instagram that they have reached a SAR40 million a year agreement with Al-Hilal president Fahd bin Nafel with a grace period of the first 6 months.
Al-Sheikh thanked Prince AlWaleed bin Talal, a long standing backer of Al-Hilal and founder of the Kingdom Holding Company, for contributing SAR25 million, thus renaming the stadium the Kingdom Arena.
The project has a capacity of 26,000 seats and is expected to be handed to the club in January.
Bin Nafel said the new filed will meet all requirements of the Saudi Pro League, FIFA and, AFC.
Al-Hilal will play the first match in the new stadium in January for the Riyadh Season Cup.
Per the agreement, Al-Sheikh said the Kingdom Arena will host entertainment events off season.
Bin Nafel said the club is working on packages for foreign tourist where they come and spend two days in Riyadh and visit entertainment hubs in addition to attending the games.
The new facility holds 20 VIP cabins and a sky lounge with a capacity of 360 persons.