39 million riyals deficit in Al-Nasr’s budget

Al-Nasr Club revealed, yesterday evening, Thursday, the revenues and expenses that occurred in the club’s budget from July 1, 2023 until June 30 of the current year.

According to what Al-Nasr stated In the financial report for the fiscal year from July 1, 2023 until last June 30, revenues amounted to 615 million riyals, an increase of 71%, while expenses reached 654 million riyals, an increase of 33%, which means that there A financial deficit of 39 million riyals.

The club’s financial report revealed that all 14 cases and debts owed to the club have been closed, with a total of 300 million riyals, since mid-2018, and there are no dues to be paid by the Yellow Club until Its history.

The financial report made it clear that it does not include the money spent by the player recruitment program, in order to bring in elite players.

Al-Nasr Club also completed its report that the club improved in the company’s performance index in the governance initiative within the club support strategy program for the 2024-2025 season, making the club in the first category.