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الجزيرة الرياضية
الجزيرة الرياضية
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The article discusses the phenomenon of reducing the declared value of official contracts for Egyptian football players by recording amounts lower than their actual worth in order to reduce taxes and fees owed by clubs. These taxes range from 3% to 10% of the contract value, in addition to a fee for financial resource development. Statements from officials and clubs, such as Al-Ahly and Zamalek, confirm that the publicly announced contracts do not reflect the true salary amounts. For example, Zamalek's football director mentioned that Chakabala's contract was worth one thousand Egyptian pounds (approximately $20), which is not realistic. Meanwhile, Al-Ahly relies on a "quarter of a quarter" system, where the amounts recorded are intentionally reduced. As Egyptian authorities begin to tighten oversight of the transfer market through new laws—including fines of up to 25% of the contract value and referrals to the disciplinary committee—the underlying issue remains the ability to detect discrepancies between declared and actual values and enforce penalties. These measures aim to curb manipulation, protect public finances, and mark the beginning of a new, more transparent era in Egypt’s sports transfer market.
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