Resolution No. (6) of 2021 regarding the rules and procedures for changing the legal entity of sports clubs to commercial companies
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Resolution No. (6) of 2021 establishes the regulatory framework and procedures for converting sports clubs in the Kingdom of Bahrain into commercial companies. This decision aims to professionalize the sports sector, encourage private investment, and enhance the financial and administrative governance of clubs.Key Aspects of the Decision:A committee chaired by a representative from the Ministry of Youth and Sports Affairs (with members from the Ministries of Finance and Commerce) oversees the entire conversion process and provides technical advice.The General Assembly must specify the intended
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