"Not for Sale": Zamalek Issues Official Statement with 8 Strict Guarantees
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Zamalek SC clarifies the football company investment project, denying sale rumors while instituting 8 key provisions to safeguard club identity.
Reassurance for the Fans: Zamalek Debunks Sale Rumors with 8 Legal Shields
The board of directors at Zamalek SC, headed by Hussein Labib, released an official statement to clear the air regarding the club's football company project, firmly rejecting claims about selling the White Castle.
The administration specified that capital increase initiatives aim purely to boost revenues and upgrade the squad rather than liquidating assets. While acknowledging several investment offers under evaluation, the board confirmed no binding deals have been executed. Crucially, the management established 8 non-negotiable guarantees to preserve identity: prohibiting any changes to the name, badge, or traditional colors, banning asset sales or mergers, and ensuring dispute resolution remains under Egyptian jurisdiction. Investor management rights will also depend strictly on performance metrics.
