Governance Documents
SCC is dedicated to advancing, innovating, and continuously expanding the horizons of Saudi Arabia’s fitness industry.
Governance Documents
Sport Clubs Company is committed to a governance system as an administrative framework aimed at improving the effectiveness and transparency of institutions and companies. This is achieved through a set of rules and practices that ensure objectives are met in the best possible manner. Through the governance system, the company focuses on decision-making processes and the distribution of responsibilities among various stakeholders. Additionally, it defines mechanisms for oversight and evaluation to ensure that everyone adheres to the established laws and policies.
In this regard, all members of the Board of Directors and employees of Sport Clubs Company comply with the governance rules adopted by the company.
Sport Clubs Company is keen to follow an effective governance system, viewing it as an integral part of its internal management structure. This is done by clarifying the relationship between the Board of Directors and the executive management on one hand, and between the Board of Directors and shareholders on the other. Externally, it manages the company’s relationships with government sectors and external entities to achieve high efficiency and effectiveness that ensures the company meets its strategic goals.
The company is committed to inclusive principles of guidance, oversight, and transparency, ensuring alignment with the Companies Law, Corporate Governance Regulations, and any other relevant regulations. The governance structure followed includes policies that define the distribution of powers and responsibilities between the various departments of the company and its stakeholders. It also clearly addresses the features of the institutional structure that ensure the achievement of the company’s objectives, the means of achieving them, and the mechanisms for evaluating and monitoring performance.
Our strict adherence to the governance system is evident in our financial results and continuous successes, promising our ability to sustain attractive financial returns for investors.
List of Documents