1 Day
Source:
الاقتصادية
Saudi Investor Criticizes Club Managements
The article points out that some management departments of Saudi football clubs overlook player deal losses due to weak administration and a lack of strategic investment vision. It adds that clubs do not focus on economic feasibility or return on investment as long as government support is available, despite ongoing debts and problems caused by poor management. It also notes that Al-Hilal is undervalued compared to its true worth, and the presence of Cristiano Ronaldo significantly boosts Al Nassr's investment value, with some other clubs valued at billions of riyals. The article emphasizes the importance of developing sports sector management, improving legal procedures, and supporting foreign and Gulf investments to increase clubs' financial returns, reduce reliance on government support, and achieve greater growth and sustainability amidst current challenges.
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