President of the Basketball Association: Saudi sports will witness a quantum leap to the world

The President of the Saudi Basketball Federation, Dr. Ghassan Tashkandi, in his name and on behalf of the members of the Saudi Federation and basketball officials, thanked His Royal Highness Prince Muhammad bin Salman bin Abdulaziz, Crown Prince and Prime Minister – may God protect him – on the occasion of the launch of His Highness the Sports Investment and Privatization Project for Sports Clubs, which aims to build A solid and strong base for Saudi sports and expanding the area of ​​sports practitioners.

He said in a statement to the Saudi Press Agency: “The conversion of a number of sports clubs to companies will contribute significantly to the development of various games and enhance the competitive value of them, especially since there are major companies that will work to create a competitive sports environment that depends on accurate administrative systems and governance to develop the system of administrative and technical work for clubs.” “.

Tashkandi stressed that this decision will be greatly reflected in the development of the sports sector and the creation of quality opportunities and an attractive environment for investment to achieve a more diversified and sustainable economy, raise the level of professionalism, enhance the competitiveness of clubs, and develop the infrastructure of stadiums and gyms in various regions of the Kingdom.