The Financial Control Committee Penalizes Al-Shabab and Damac for League Regulation Violations
The Financial Control Committee of the Saudi Professional League Federation imposed a fine of two million riyals on Al-Shabab Club due to violations of the club financial regulations, following a recent review of its documents.
The committee clarified that young individuals are required to pay the fine within a maximum of thirty days from the date the club is notified of the decision, emphasizing that repeated violations will result in stricter penalties in accordance with the regulations.
The association added that the fine was imposed after verifying the club's documents and assessing the financial violations committed in the past period, reflecting the association's commitment to enforcing the financial regulations of the clubs.
The committee also fined Damac Club one million riyals, emphasizing that any repeated violation of the regulations will result in harsher penalties, which may include additional fines or strict regulatory measures.
The association indicated that the sanctions are part of its ongoing monitoring of clubs to ensure financial transparency and compliance with the regulations governing the Saudi football sector.
The Financial Control Committee for all clubs emphasizes the necessity of adhering to the financial regulations to avoid future fines and to protect the financial stability of both the club and the league in general.
The committee clarified that young individuals are required to pay the fine within a maximum of thirty days from the date the club is notified of the decision, emphasizing that repeated violations will result in stricter penalties in accordance with the regulations.
The association added that the fine was imposed after verifying the club's documents and assessing the financial violations committed in the past period, reflecting the association's commitment to enforcing the financial regulations of the clubs.
The committee also fined Damac Club one million riyals, emphasizing that any repeated violation of the regulations will result in harsher penalties, which may include additional fines or strict regulatory measures.
The association indicated that the sanctions are part of its ongoing monitoring of clubs to ensure financial transparency and compliance with the regulations governing the Saudi football sector.
The Financial Control Committee for all clubs emphasizes the necessity of adhering to the financial regulations to avoid future fines and to protect the financial stability of both the club and the league in general.