
Saudi League Imposes Financial Oversight on Clubs
The Saudi Pro League announced its complete assumption of financial oversight responsibilities for clubs, in a move aimed at imposing direct supervision and ensuring strict application of financial standards.
A specialized committee has been established, comprising representatives from the Ministry of Sports, the Saudi Football Federation, the League Association, alongside independent experts, to monitor financial performance and implement governance systems.
The new initiative aims to enhance governance within the sports system by controlling expenses, organizing clubs' financial procedures, and ensuring their compliance with professional standards.
Among the key oversight tools, the committee will rely on issuing financial efficiency certificates, which are a prerequisite for clubs to continue competing and registering players.
This decision is considered a strategic shift towards building a professional and financially stable environment, ensuring the integrity of the competitive system and preventing the accumulation of burdens and debts on clubs.
A specialized committee has been established, comprising representatives from the Ministry of Sports, the Saudi Football Federation, the League Association, alongside independent experts, to monitor financial performance and implement governance systems.
The new initiative aims to enhance governance within the sports system by controlling expenses, organizing clubs' financial procedures, and ensuring their compliance with professional standards.
Among the key oversight tools, the committee will rely on issuing financial efficiency certificates, which are a prerequisite for clubs to continue competing and registering players.
This decision is considered a strategic shift towards building a professional and financially stable environment, ensuring the integrity of the competitive system and preventing the accumulation of burdens and debts on clubs.