As a result of this process, two members will be nominated to join the board of directors of the club’s company.
According to the new regulations, for a candidate from the foundation to be eligible for the club’s board presidency, they must provide financial support to the club in an amount not less than 40 million SAR.
If this condition is not met, the general assembly of the club’s company will select the president from among the seven members nominated by both the Public Investment Fund and the Club Members Foundation.