Prince Nawaf bin Faisal chairs meeting

Riyadh, September 13, SPA--Prince Nawaf bin Faisal bin Fahd bin
Abdulaziz, Vice President of Youth Welfare, Chairman of Committee of
Privatization and Development of Investment in Sports Clubs chaired
here today the Committee's 1st meeting.

Following the meeting, the Prince said that this Committee is in
continuation and unification of the works of the previous committees
concerned with the issue of clubs privatization and investment,
noting that the Committee aims to enhance the professional work in
the field of investment in sports clubs and the development of their
financial resources for reliance on themselves.
--SPA