56 Days
Source:
عكاظ
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Who Delayed the Transformation of Victory?
The article reveals that Al Nassr Saudi Club is facing a severe financial crisis, with the club's liabilities exceeding its revenues despite receiving allocations from the Ministry of Sports. The club has become entangled in debts and reckless contracts that have led to a significant financial deficit. Although the club possesses valuable assets such as Cristiano Ronaldo and substantial income from shirt sales and sponsorship rights, poor capital and financing management have caused the financial situation to deteriorate. The article calls for a comprehensive investigation into the responsibilities of the staff, the board of directors, and the owner, to determine who requested the loans, who negotiated the contracts, and who authorized the unaccountable use of club resources. It emphasizes that poor governance and financial mismanagement have led to the destruction of asset values and revenues that could have mitigated the crisis.
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