Al-Jasser: work is underway to restructure and develop aviation infrastructure    Diriyah to host third IMFC Deputies meeting under Saudi chairmanship    15,135 decisions taken to penalize Saudis and expats for violations    Saudi-European Parliamentary Friendship Committee discusses cooperation during Strasbourg visit    Saudi stock market loses half a trillion riyals, with Aramco's losses amounting to SR340 billion Tariff turmoil rattles Gulf markets    KAU to host Digital Communication Conference in Jeddah from April 29 to May 1    TGA: Riyadh tops with 45% of 290 million orders delivered in 2024    Aja and Salma mountains draw nature lovers to Hail's rugged landscapes    US revokes all visas for South Sudanese nationals over deportation dispute    Death toll from Myanmar earthquake rises to 3,471    Macron to hold Gaza summit with Egypt and Jordan in Cairo    Benzema rescues Al Ittihad with stoppage-time equalizer in thrilling Jeddah Derby    Al Qadsiah and Al Ettifaq share spoils in tense Eastern Derby stalemate    Moussa Diaby praises Al Ittihad's resilience after Jeddah Derby draw "When you can't win, you take a point"    Saudi assistant referee Iman Al Madani joins AFC elite list for 2025    Riyadh Art Week launches with over 50 galleries showcasing global artistic dialogue    Turki Al-Sheikh announces five new Saudi film projects to be produced in Riyadh    Saudi Ministry of Education to showcase innovations at 2025 Geneva International Exhibition    Ed Sheeran weaves Persian music into new song, Azizam    Veteran Bollywood actor Manoj Kumar dies at 87    Screen time in bed linked to insomnia, study finds    Bollywood actress vindicated over boyfriend's death after media hounding    Grand Mufti rules against posting prayers and preaching in mosques on social media    King Salman prays for peace and stability for Palestinians in Ramadan message King reaffirms Saudi Arabia's commitment to serving the Two Holy Mosques and pilgrims    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Forum planned to encourage investment in sports clubs
Published in The Saudi Gazette on 05 - 06 - 2012


By Roberta Fedele and Fatima Muhammad
Saudi GazetteJEDDAH — Saudi Arabia will host a three-day forum in September to explore ways and means of increasing investment in sporting activities, it was announced at a press conference at the Jeddah Chamber of Commerce and Industry (JCCI) on Monday.
Organized by the JCCI, the Saudi Football Federation, Italy's Bc Bendoni Communications Group and Prince Sultan College for Tourism and Business Administration, the forum will take place from September 8 to 10 with the support of Prince Nawaf Bin Faisal, deputy head of the General Presidency for Youth Welfare.
“There are more than 400,000 people who play football in Saudi Arabia, but only 10 percent of them are making use of the sports clubs in the country and the rest depend on random facilities,” Eid said while explaining the abundant investment opportunities in the field.
Eid said sports clubs in the Kingdom receive generous financial support and technical assistance, but the problem is in the mindset. “We need innovative ideas to support sports clubs and attract solid investments. At present, only five Saudi clubs have sponsors,” Eid said.
Tommaso Bendoni of BC Bendoni Communications and Vice Chairman of the JCCI Mazen Batterjee were also present at the press conference to explain the forum's main goals to keep pace with the fast-changing world of sports.
“The forum intends to be an annual occasion to provide sports operators with adequate managerial, administrative and legal knowledge concerning the industry, allow them to study successful international football business models and find benefits in terms of media exposure and international connections,” said Eid.
Batterjee said the forum will explore ways to generate revenues for the local clubs. “The current situation where the clubs rely heavily on donations could not go on for long,” he said. The organizers came up with the idea of holding the forum to help Saudi clubs overcome their financial difficulties. The event is expected to grab the attention of Saudi and Gulf sports officials and enthusiasts.
“Several key guests will attend the forum, including Inter Milan International Ambassador Luis Figo, Coach Fabio Capello, 2006 World Champion and Captain of the Italian National Team Fabio Cannavaro and many others who will make the Jeddah Sports Investment Forum a unique and special moment,” said Bendoni.
Bendoni also invited Zinedine Zidane, Paolo Maldini, Marco Van Basten and Patrick Vieira to join the event. UEFA Licensing Manager Andrea Traverso, General Manager of the Serie A League Marco Brunelli and Chairman of the Spanish Federation will be present on the institutions side to share their expertise with Saudi sports operators.
“Hosting celebrities and members of important institutions including FIFA, UEFA and various clubs and confederations around the world is essential to have global media exposure, create a useful network and understand how other countries are developing their sports systems. The US model could be for instance a very interesting example to follow for the Arab world,” explained Bendoni.
According to Bendoni, Saudi Arabia is one of the most passionate countries about football that may become a major power in this field if its decision-makers are able to perceive the favorable global environment.
__


Clic here to read the story from its source.