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Football Association earns 2.6b riyals from Ar-Ruzaiqah properties

Football Association earns 2.6b riyals from Ar-Ruzaiqah properties

The latest financial statements of the Saudi Football Federation revealed revenues of approximately 2.6 billion riyals over an 18-month transitional period, compared to expenses exceeding 2.5 billion riyals, resulting in a surplus of 88.4 million riyals. The figures indicate that the federation received support and grants worth 2.221 billion riyals, along with other resources from contracts and sponsorships. Currently, it holds bank balances of 343.7 million riyals and an accumulated surplus of 111.1 million riyals, with the deficit declining from an estimated 417.6 million riyals in 2020. These results confirm the availability of significant financial resources, while the new council is focusing on efficient utilization of these funds and expanding revenue streams to achieve athletic and strategic objectives by 2030.

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