Soccer Football - Premier League - Nottingham Forest v Southampton - The City Ground, Nottingham, Britain - May 8, 2023 Nottingham Forest's Renan Lodi celebrates after the match Action Images via Reuters/Andrew Boyers/File Photo
(Reuters) - Al-Hilal have signed Brazil defender Renan Lodi from French side Olympique de Marseille, both clubs said on Wednesday.
The 25-year-old Lodi agreed a deal that will keep him at the club until the end of 2027, with French media reporting that Al-Hilal paid 23 million euros ($24.97 million) for the transfer.
Lodi has earned 19 caps for Brazil.
Al-Hilal top the Saudi Pro League standings with 53 points, seven ahead of second-placed Al-Nassr.
The Saudi Public Investment Fund (PIF) has announced a Sports Clubs Investment and Privatisation Project involving Al-Ittihad, Al-Ahli, Al-Nassr and Al-Hilal.
PIF owns 75% of each of the four clubs, while their respective non-profit foundations own 25% of each.
($1 = 0.9211 euros)
(Reporting by Tommy Lund in Gdansk)
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