Abdullah Kabuha, Chairman of the Sports Clubs Financial Performance Committee, denied that there was any exception for any club to provide financial efficiency. This was stated during the fourth periodic press conference for the sports sector of the Ministry of Sports, which was held today in Riyadh, during which the chairman of the committee spoke about financial performance, indicating its purpose, mechanism, method of operation, as well as a prominent and fundamental role in organization and management, emphasizing that the Committee, through its work, seeks to make professional sports clubs stable.Financially and administratively, announcing the requirements for a certificate of financial competence for the clubs of the Saudi Professional League “Liga Roshen” and the First Division clubs, which provide for the payment of all financial obligations payable until September 30, 2022 AD, and payment of wages until October 31, 2022 AD.
He stated that the application of the financial performance system with clubs is being implemented in stages, including conditions and controls that evolve from one stage to the next, noting in this regard that the committee has gone through four stages: the “first” for professional clubs in October 2020, and the second stage for first-class clubs Without the possibility of payroll planning, as it was in April 2021 AD, and the third stage was in September 2021 AD, and was the development of a special mail for filing claims by individuals , and in the fourth phase, which began from March 2022, agency fees were received and processed in accordance with special control.
The Chairman of the Committee on Financial Efficiency revealed a gradual and clear decrease in the report on the obligations of sports clubs of accounts payable, as the committee limits the obligations quarterly, and a certificate is issued semi-annually, indicating that they derive their information from the reports requested to compare them with reports from the Dispute Resolution Chamber, the Disciplinary Committee and the Arbitration Center and the Cases and Claims Committee of Professionalism, in addition to dedicating email where they receive individual and club claims against each other.
