Saudi Arabian football clubs helped with debts by Crown Prince Mohammed bin Salman

Al-Ittihad were the club with the highest debt of 309 million riyals ($82 million). (AFP)
Updated 22 May 2018
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Saudi Arabian football clubs helped with debts by Crown Prince Mohammed bin Salman

  • Crown Prince Mohammed bin Salman will cover all external debts owed by Saudi Professional League clubs
  • Crown Prince will provide 1,277,000,000 Saudi riyals (around $340 million)

RIYADH: The General Sports Authority and Saudi Arabia Football Federation (SAFF) have announced that Crown Prince Mohammed bin Salman will cover all external debts owed by Saudi Professional League clubs.
According to reports, the Crown Prince will provide 1,277,000,000 Saudi riyals (around $340 million) that will not only clear monies owed but also enable clubs to invest ahead of the 2018-19 season.
The issue of debt had become a major issue in the country’s football scene.
“Some Saudi Arabian clubs are currently experiencing financial problems that require immediate and urgent intervention,” the General Sports Authority, which oversees Saudi Arabian sport, said in a statement released on social media.
The body noted that there are a total of 107 cases under appeal at world governing body FIFA regarding unpaid salaries in Saudi Arabia.
“Failure to intervene urgently to rescue clubs may result in damage to the reputation of the Kingdom in general and Saudi Arabian sport in particular,” added the GSA.
“Some Saudi Arabian clubs may face severe disciplinary sanctions because of the failure to meet financial obligations such as the
denial of the registration of players in general or the deduction of points.”
Unpaid salaries were also a factor in Al-Ittihad and Al-Nassr being unable to appear in this year’s AFC Champions League after they were denied AFC club licenses.
Al-Ittihad were the club with the highest debt of 309 million riyals ($82 million) and welcomed the news.
“We are delighted by the generous initiative of His Royal Highness,” Al-Ittihad president Nawaf Al-Muqairn said in an official statement released by the two-time Asian champions.
“This contributes to creating solid ground for all clubs to move toward achieving their goals.”
Legendary Saudi striker Sami Al-Jaber, recently appointed president of champions Al-Hilal, announced his gratitude on social media.
“Great thanks to His Highness the Crown Prince for the great support that the clubs have enjoyed which enables sport in our country to keep pace with the aspirations of our leadership,” Al-Jaber wrote.
The Crown Prince’s move followed the SAFF announcing a new raft of regulations in April that will come into effect next season and are designed to take the league forward. These included restricting club spending on transfers and salaries to 70 percent of revenue. The size of first-team squads has been reduced from 33 to 28, of which five must be homegrown players of 23 or younger.


Late stunner from Toni Kroos gives Germany vital win over Sweden

Updated 24 June 2018
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Late stunner from Toni Kroos gives Germany vital win over Sweden

  • Kroos curled a right-foot shot from the left edge of the area inside the far post after a set piece
  • Germany needed at least a draw to stay in contention in Group F

SOCHI: Toni Kroos has revived Germany's World Cup hopes with a superb late strike in the fifth minute of stoppage time to seal a 2-1 win for the defending champions over Sweden.
Kroos curled a right-foot shot from the left edge of the area inside the far post after a set piece, with Germany down to 10 men. He tapped the ball to Marco Reus from the free kick and then launched his strike into the top corner.
Germany needed at least a draw to stay in contention in Group F after opening with a loss to Mexico. It is now second in the group, three points behind Mexico and level with Sweden. Mexico had a 2-1 victory over winless South Korea 2-1 earlier Saturday.
Sweden opened the scoring with Ola Toivonen in the first half after a counterattack that started with a passing mistake by Kroos' near midfield.
Reus equalized three minutes into the second half with a shot from inside the area after a pass by Timo Werner.
Germany played the final minutes with 10 men as Jerome Boateng was sent off for a second yellow card for a hard challenge on Marcus Berg.
Halftime substitute Mario Gomez had one of the best chances for Germany with a close-range header in the 88th that was saved by goalkeeper Robin Olsen.