10 Hrs
Source:
اليوم السابع
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Sports Law sets investment rules and requires medical records
The Sports Law focuses on regulating investment licenses in the sports sector. It requires obtaining a license from the central administrative authority to engage in any investment activity related to sports. The law also specifies that licensing fees should not exceed 5% of the company's capital, with a maximum limit of 20 million pounds, in order to ensure oversight and prevent illegal practices. Additionally, the law mandates the creation of a regular medical record for each player, which includes their health history and must be submitted to the relevant authorities. This aims to safeguard players’ health and safety and to minimize the spread of infectious diseases. The law reflects a desire to create an organized and secure investment environment that promotes sector development while protecting human resources.
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