Saudi Prince Abdulaziz bin Turki Al Faisal has said that “the latest steps taken by the Kingdom's Vision 2030 are visible.”
Speaking to Asharq Al-Awsat on the sidelines of a UK forum, Prince Abdulaziz said that “the sports sector is witnessing changes pivoted on the economic sports sector.”
“We are currently studying the governance of sports economy and the role of the General Sport Authority in granting licenses, means and regulations to any concerned private sector party.”
Faisal added that the government seeks to facilitate the process of entering the Saudi sports sector, whether it is for investment reasons or for building academies or for developing athletes.
He pointed out that this will lead to the restructuring of the General Sport Authority.
He added that the Crown Prince’s historic visit to the UK opens the way for the General Sport Authority to learn and benefit from experiences existing in Britain (in both public and private sectors).
As for Saudi Arabia hosting the Olympics one day, Faisal said: "Why not?"
“We are restructuring the Olympic Committee, and one of the most important conditions is to increase the number of Saudis in international sporting events.”
“We are still at the beginning of the road, but we aspire towards reaching that goal.”
More so, the Saudi General Sport Authority signed on Thursday a memorandum of understanding with the PGA European Tour in cooperation with King Abdullah Economic City.
The European Tour is an organization which operates the three leading men's professional golf tours in Europe.