Prince Alwaleed gifts Bentley to football coach

Saudi businessman honoured official from Riyadh based team Al Halil, which holds 55 official championship titles
Prince Alwaleed gifts Bentley to football coach
By Beatrice Thomas
Tue 25 Feb 2014 09:42 AM

Saudi businessman Prince Alwaleed Bin Talal has gifted a Bentley car to the coach of the Al Hilal football team, Sami Al Jaber, as a thank you for the team’s on-field success.

Prince Alwaleed made the announcement on his personal Twitter account, saying that the fans’ trust and continued support of Al Jaber helped bring positive results for the team, local media reported.

Prince Alwaleed, who topped the Arabian Business Rich List last year with a net worth of $31.2bn, has been a staunch supporter of several Saudi sports and individual clubs.

Al Jaber received the car after a 4-3 win over Saudi Pro League ladder leaders Al Nasr this month.

The grateful trainer reportedly said: “Thank you for your advices and guidance. I will never forget your stances with Al Hilal and myself.”

Al Halil, which is based in Riyadh, holds 55 official championship titles, including a record 37 national championships.

The team currently sits second on the Saudi Pro League ladder with 17 wins, three draws and three losses. They remain just six points behind Al Nasr.

Prince Alwaleed Bin Talal, who owns 95 percent of his Kingdon Holding Company, has diverse investment interests, including stakes in hotel management companies including Four Seasons Hotels & Resorts, Movenpick Hotels & Resorts and Fairmont Raffles Holding, as well as shares in Citigroup and News Corp.

In 2012 the Prince and Kingdom Holding bought an estimated 3 percent stake in Twitter for $300m.

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