https://arab.news/wxqkt
- Ministry of Sport transfers oversight to new SPL committee
- To improve 鈥榞overnance and financial sustainability鈥� of clubs
RIYADH: The Saudi Pro League announced on Sunday it had officially taken on the financial oversight of its clubs.
The announcement follows a decision by the Ministry of Sport to transfer oversight duties from the Financial Sustainability Committee to a newly established body under the league.
The move is designed to enhance financial governance, streamline regulatory processes, and strengthen institutional discipline within the rapidly growing Saudi football sector.
The committee will consist of representatives from the Ministry of Sport, the 萝莉视频n Football Federation, SPL, and include independent members.
鈥淭his is an important step toward unifying oversight, simplifying procedures, and promoting a more professional work environment across clubs,鈥� the SPL said in a statement.
鈥淭he aim is to raise compliance levels and improve the speed and efficiency of financial reviews,鈥� it added.
While the new mandate is limited to Saudi Pro League clubs, officials said the reform marks a broader commitment to improve governance and financial sustainability across the sport.
The SPL added that it would continue its work on existing oversight functions, such as tracking late payments and ensuring clubs meet their financial obligations, as a part of the existing certification process.
The issuance of financial competency certificates will remain a key condition for clubs to operate. In addition, new regulatory standards and planning tools are being gradually introduced.
These are intended to bolster long-term investment in club infrastructure and administration, while also helping clubs avoid financial distress through better discipline.
The SPL noted that the changes come in response to past financial and administrative challenges faced by several clubs, and reflect a coordinated effort between the SPL, ministry, and the SAFF to promote sustainable growth.
鈥淭his development is part of an integrated approach,鈥� the SPL stated.
It is 鈥渁imed at supporting clubs in building strong, stable institutions that match the ambitions of their fans.鈥�