15 Hrs
Source:
اليوم السابع
Source: اليوم السابع
15 Hrsاليوم السابع
Source: اليوم السابع
15 HrsReady to play
Ready to play
Zamalek’s Board of Directors said the football company project aims to increase the company’s capital and develop its operations—not to sell the club or the company. It noted that the club had received offers but signed no agreements, and that any move would require approval from the General Assembly, the Ministry of Youth and Sports, and the relevant authorities. The club set out eight safeguards and decisions reserved to it: protecting its name, logo, colors, kit, and trademark; prohibiting the club’s merger or relocation of its headquarters; prohibiting the sale or mortgaging of assets; protecting the club’s stake, the company’s governance structure, and its capital; barring new shareholders or share transfers without the club’s approval; prohibiting the sale, dissolution, liquidation, or merger of the company, as well as the granting of major loans or guarantees; requiring the club’s approval for the company’s dealings with investors and their companies; and prohibiting any action that could harm Zamalek’s identity, supporters, or history, or violate laws and regulations. The board added that these conditions may not be amended or circumvented. The club also has the right to inspect the company’s books, terminate the contract, and reclaim its rights if the investor fails to meet their obligations.
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