Conveyed Hazza Bin Zayed Greetings to All Members of the Al Ain Club.. Sultan Bin Hamdan Chairs the 4th Meeting of The Executive Committee
Directed to Prepare an Independent Budget for Development Projects and The AFC Championship League
Stressed The Importance of Preparing for The New Season and Working Hard to Achieve the Fans’ Aspirations
Reviewed The Club’s Financial Reports of the Al Ain Club and Its Subsidiaries and Stress Adherence to the Financial Policy
Revised The Strategic and Operational Work Development Project and Improvement Plans
H.E. Sheikh Sultan bin Hamdan bin Zayed Al Nahyan, Vice Chairman of the Board of Directors of Al Ain Sports and Cultural Club, Chairman of the Executive Committee, Chairman of the Steering Committee of the Affairs of Al Ain Football Club Company, chaired the fourth Executive Committee meeting for the year 2023. The meeting was held today in Khalifa bin Zayed Stadium.
H.E. Sheikh Sultan bin Hamdan opened the meeting by conveying the sincerest greetings of H.H. Sheikh Hazza bin Zayed Al Nahyan, Deputy Ruler of Abu Dhabi, First Vice President of Al Ain Club, First Vice President of the Honorary Council, Chairman of the Board of Directors of Al Ain Sports and Cultural Club, to all members of the Executive Committee and Al Ain Club.
H.E. Sheikh Sultan bin Hamdan also expressed his sincerest appreciation to the Club’s President for the confidence in all those selected and appointed to run the affairs of the football and sports companies. He welcomed the new members and wished everyone the best of luck and success in serving the Al Ain Club and its companies.
The Chairman of the Executive Committee also expressed his most profound appreciation to the former members of the boards of the two companies for the dedicated efforts they exerted during their mandate to serve the best interests of the Al Ain Club.
H.E. Sheikh Sultan bin Hamdan bin Zayed Al Nahyan was briefed on the strategic and operational development project, and the improvement plans the houses of expertise supervising the project presented. He directed exploiting improvement opportunities starting from the new sports season while considering the partners’ observations within a week of providing remarks and comments to officers in charge of the projects.
The Chairman of the meeting was briefed on the performance report for the last season. He directed the presiding officers of the Al Ain Club companies to exert more effort to achieve the planned goals approved by the Club’s presidency.
The Executive Committee also reviewed the financial reports for the last season and the rate of profits and losses compared to the approved budgets, except for specific increases. He urged the departments to compensate for the deficit by increasing the revenues.
During the meeting, the Executive Committee reviewed the financial budgets submitted by the Al Ain Club and its subsidiaries. The Chairman stressed the significance of adherence to the Club’s monetary policy with the need for reconciliation between revenues and expenditures. He also directed to prepare an independent and exclusive budget for the development projects and expenses of the AFC Championships League to be presented to the Club’s presidency.
H.E. Sheikh Sultan bin Hamdan bin Zayed Al Nahyan stressed the Al Ain Club’s commitment to strategic plans and institutional values and to keep pace with the signs of development to achieve the highest indicators of success in the Al Ain Club and its companies.
At the end of the meeting, the Chairman of the Executive Committee instructed them to prepare for the new sports season and work hard to achieve the aspirations of the Al Ain fans considering the continuous and practical support they showed to all teams in various games.
The meeting was attended by Hamad Nakhairat Al Ameri, Managing Director of Al Ain Sports and Cultural Club and its subsidiaries, Mohammed Abdullah Ahmad Al Dhaheri, Chairman of the Steering Committee of Al Ain Sports GamesCompany, Dr. Matar Al Darmaki, member of the Steering Committee of Al Ain Football Club Company, Khamis Obaid Al Kaabi, member of the Steering Committee of Al Ain Sports Games Company, and Sultan Al Mutawa Al Dhaheri, Vice Chairman of Al Ain Club Investment Company.