54 Days
Source:
البلاد
Structural Vulnerabilities Threaten the Debt Containment Initiative
The article discusses the initiative by the General Authority of Sports in Bahrain to compile and document athletes' financial dues, aiming to build an accurate database that reflects the magnitude of the crisis and to provide legal protection for rights. It notes that this step is a good start but only diagnoses the problem without offering structural solutions; challenges include neglecting supplier debts, maintenance companies, and the need for independent financial auditing. The experiences of major countries rely on debt scheduling and financial guarantees, with salary caps and debt ceilings in place to ensure the sustainability of clubs and protect players' rights.
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