المصري اليوم
Microbus overturns on North Coast killing one
Planning Minister Proposes IFGF to Ease Budget Strains
Job openings in engineering, tourism, and agriculture with salaries up to 15,000 pounds
School Year Starts in International Schools Today
Russian Deputy President: Putin's talks with Wetkov and Kushner were productive
_1777352244987_250242181.png&w=64&q=75){kind=small}
Source: المصري اليوم
10 HrsReady to play
Ready to play
Al Ahly Club faced a significant financial crisis, with its debts exceeding 3 billion Egyptian pounds when the current board took over the club in October 2023, amid limited ongoing obligations due to restricted liquidity. The club's treasurer, Hossam Al-Mandouh, confirmed that the management is handling the situation through available means, including correspondence with government authorities to explore repayment options, and utilizing club assets such as shops and kiosks within its premises. Additionally, the club is leveraging memberships from neighboring clubs to generate financial resources. The club was also able to pay approximately $4 million to obtain the African licensing, and is now working on diversifying its future income sources by investing in the club’s assets and popularity to achieve financial sustainability and reduce dependence on external donations.
Notice: This Is an AI-Generated Summary
Comments (0)