Al-Ittihad’s latest financial results show loss of $35.5m

Al-Ittihad started the 2021-22 SPL season with a 1-0 away loss to Al-Fayha. (Twitter: @ittihad)
Short Url
Updated 16 August 2021
Follow

Al-Ittihad’s latest financial results show loss of $35.5m

  • Report presented at club’s general assembly, covers year ending June 30, 2020

The latest financial results of Saudi Professional League (SPL) club Al-Ittihad have revealed a loss of $35.5 million, with revenues of $70.15 million and outgoings of $105.65, Arabic sports daily Arriyadiyah has reported.

The results for the year ending June 30, 2020, were presented at an ordinary general assembly that was attended remotely by the club’s President Anmar Al-Haili, members of the board of directors, and representatives of the Ministry of Sports.

The meeting included a welcome speech from the club’s chairman, the board’s report — including a summary of the annual report — and the presentation and review of the financial statements by the auditor. They included “revenues, expenses, financial position, and financial obligations.”

Al-Ittihad started the 2021-22 SPL season with a 1-0 away loss to Al-Fayha, and on Monday night they play their second match at home against Al-Raed.


Dubai Basketball introduce 17-year-old Tomislav Vuckovic as they stay perfect in ABA League

Updated 13 January 2026
Follow

Dubai Basketball introduce 17-year-old Tomislav Vuckovic as they stay perfect in ABA League

  • Winning streak now at 12-0 after the team’s 90-79 victory over Borac Mozzart at Coca-Cola Arena

DUBAI: Dubai Basketball extended their winning streak to 12-0 in the ABA League with a 90-79 victory over Borac Mozzart at Coca-Cola Arena on Monday.

The game also marked a historic moment for the club and basketball development in the UAE. Tomislav Vuckovic, 17, became the first Dubai Basketball Academy player to start for the senior team in official competition.

His inclusion represents a significant milestone in the club’s long-term vision to help young players become professionals, according to a statement from the team.

The opening quarter did not unfold in line with Dubai’s usual standards. Borac Mozzart began with confidence and tempo, capitalizing on early lapses to take a 23-19 lead after the first 10 minutes.

As the former NBA duo McKinley Wright and Dwayne Bacon orchestrated the offence, Dubai gradually took control and went into halftime with a 41-37 advantage.

Dubai’s depth played a key role as the game progressed. Contributions from newcomer Kenan Kamenjas, and Dubai veterans Nemanja Dangubic and Klemen Prepelic, helped sustain the advantage.

Borac’s efforts were largely driven by Marko Josilo and Diante Baldwin. Without consistent support, the visitors were unable to mount a comeback.

Reflecting on the performance, Dubai Basketball Head Coach Jurica Golemac said: “It was not an easy game, especially after such a tight schedule.

“We did not start well, but we found our rhythm in the second half and made the game easier. Everyone shared minutes, nobody got injured, and that is the most important thing for us.”

Dubai managed the final quarter with composure, closing out the contest without allowing the margin to come under threat. Bacon led the scoring with 15 points, while Kamenjas added 13 and seven rebounds.

The team now head into round 22 of the EuroLeague against Virtus Bologna, standing 12th in the league, one position above Dubai.