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Al Nasr (Saudi Arabia) is threatened with exclusion from the next edition of the AFC Champions League for failing to meet the requirements of the Asian license. Khaled Al Rashedi believes that Al Nasr should submit a report based on the current state of the club before closing the bid.
The delay in approving the financial report between the previous and current administrations has caused a delay in this regard.
In accordance with sections 37 to 40 of the Basic Rules for Sport Clubs, the club president must sign with the treasurer the disbursement orders and checks, taking into account the fact of not signing any check due after the end of his presidency, who is entitled to his deputy if the president resigns or in his absence. The general secretary participates with the treasurer in the preparation of the draft budget and submits it to the board of directors, while the treasurer signs the minutes of receipt and delivery between the previous administration and the new administration. , whether in case of dissolution of the board of directors, resignation or dissolution under the supervision of a representative of the Bureau and the Presidency.
"The Al-Nasr administration is expected to adopt an updated report based on the current situation and submit it to the AFC, which is interested in financial details," said Khaled Abu-Rashed. "He only wishes to obtain the financial report, after which the General Assembly may intervene in this affair".
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