Saudi Arabia's Al Hilal Sign Brazilian Malcom

Brazilian Malcom Filipe Silva de Oliveira signs transfer contract to Saudi Al-Hilal (the club's media center)
Brazilian Malcom Filipe Silva de Oliveira signs transfer contract to Saudi Al-Hilal (the club's media center)
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Saudi Arabia's Al Hilal Sign Brazilian Malcom

Brazilian Malcom Filipe Silva de Oliveira signs transfer contract to Saudi Al-Hilal (the club's media center)
Brazilian Malcom Filipe Silva de Oliveira signs transfer contract to Saudi Al-Hilal (the club's media center)

Brazilian winger Malcom has joined Al-Hilal from Russian side Zenit Saint Petersburg, the Saudi Arabian club announced on Wednesday.

"Welcome Malcom," Al-Hilal posted on messaging platform X, formerly known as Twitter.

Financial details were not disclosed although last week Zenit's CEO Alexandr Medvedev told RIA Novosti that Al-Hilal would pay 60 million euros ($66.38 million) for the transfer.

The 26-year-old is the Al-Hilal's fourth signing this summer after Senegal defender Kalidou Koulibaly, Serbia midfielder Sergej Milinkovic-Savic and Portuguese midfielder Ruben Neves.

The Brazilian winger, who joined Zenit in 2019 from Barcelona, was the Russian Premier League's top scorer last season with 23 goals as his club won the title.

Al Hilal are the most decorated club in Saudi Arabia and Asia having won 66 trophies and hold the record for league and Asian Champions titles with 18 and four respectively.

 



Toyota Confirms it Will End Olympics, Paralympics Sponsorship

Akio Toyoda (Reuters)
Akio Toyoda (Reuters)
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Toyota Confirms it Will End Olympics, Paralympics Sponsorship

Akio Toyoda (Reuters)
Akio Toyoda (Reuters)

Toyota Motor Chairman Akio Toyoda confirmed on Thursday the company will not renew its 10-year contract as a top sponsor for the Olympics and Paralympics following the Paris Games.
The world's biggest automaker, which had already suggested it would not renew the contract when it expired, will continue to financially support athletes, Toyoda said in the company-owned media channel.
Earlier this month, Panasonic Holdings announced it would also end its 37-year contract as a top sponsor after it became an official partner of the Olympic Games in 1987, according to Reuters.
The International Olympics Committee saw revenues of $2.295 billion from its top sponsors for the period 2017-2021, the second-biggest source of income for the Olympic movement, with broadcasters paying $4.544 billion over the same period.