Financial efficiency report decides the fate of club transfers

Fans in Saudi Arabia are awaiting the results of the financial competency program set by the Saudi Ministry of Sports as a condition for clubs to register players in the upcoming winter transfer period.

On Thursday, the Ministry of Sports announces the teams that will be allowed to register in the next winter transfer period, which starts on January 11th.

The Financial Efficiency Program aims to implement best practices of financial governance, ensure the stability and growth of clubs, and stop the financial waste of Saudi clubs after the recent inflation of debts on Saudi clubs.

The Ministry of Sports called on the Saudi clubs to pay the financial obligations due until October 30, 2020, provided that a certificate of financial competence is issued and clubs are allowed to register players in the winter Mercato.

Related Articles

Back to top button