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Home Sports

The contradiction between winning and “financial efficiency”

by Ruslan Burak
July 3, 2023
in Sports
1 min read
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The Financial Efficiency Committee of the Ministry of Sports announced today the payment of financial obligations due by March 31, 2022 CE for the clubs of the Saudi Professional League Liga Roshen, First Division Yellow and relegated clubs. Second division in the last sports season.

The Committee disclosed the list of clubs that were able to obtain a sports club financial competence certificate based on article 11 of the list of sports club financial competence, which is as follows:

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First: Clubs of the Saudi Professional League “Roshan League” (Al-Ittihad – Al-Nasr – Al-Taawon – Al-Wahda – Al-Shabab – Al-Ittifaq – Al-Raed – Al-Tai – Al-Faiha – Al-Khalij – Damak – Al-Fath – Abha – Al-Hilal – Al-Adala).

While the Al-Batin club was not issued a certificate of financial solvency, as it did not meet the mandatory criteria for obtaining it.

The committee indicated that the overall redemption rate for professional league clubs was 78.27% and the scheduling rate was 18.95%.

Second: Yellow League First Division clubs and relegated Second Division clubs (Al Ain – Al Ahli – Al Hazm – Al Qawkab – Uhud – Al Jabalin – Al Oruba – Al Jil – Hajjar – Najran – Jeddah – Al-Nahda – As-Sahla – Al-Shuala – Bisha – Al-Faisaly – Al-Kholud – Al-Ohdud – Qadisiyah – Diriyah), where the total repayment rate was 97.62% and the overall planning speed was 2.37 %.

The Al Nasr Club announced that it had paid its obligations without scheduling, while the committee announced that Al Nasr had requested a schedule of 4.3 million riyals before Waleed Al Muhaidib, Director of Communications and Media at the Al Nasr Club , returned via his personal Twitter account, and confirmed that his club has paid all its obligations without a schedule, and will be contacted by the competence commission to correct the error.

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