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Al-Ahly’s board of directors, headed by Mahmoud Al-Khatib, decided to establish three joint-stock companies to keep pace with the rapid changes in the sports industry locally and internationally.
The Board of Directors discussed the vision presented towards the future of “Al-Ahly 2050” in the fields of administration, construction, investment, marketing and services, creating new and great sources that multiply financial resources, and contribute to the continuation of the campaign of development and construction witnessed by the club, its sports teams and its various sectors, in order to achieve the aspirations of Al-Ahly members and fans.
The club president asked the council members to further study the vision he presented, taking into account facing new challenges and putting the club in the position it always deserves.
In light of this, the Council decided to fully study the vision and work to implement it in two phases, with the first phase including the following:
1- Establishment of Al-Ahly Football Company, an “Egyptian public limited company”, destined to manage and organize professional football and the work of the academies, participate in various events and competitions, whether local, continental or world, and commercialize the Associates: “Retransmission Rights – Sponsorship Rights – Licensed Products and Products – Cooperative Marketing Software Products – Product Advertising and Certification – Player Transfers and Loans – New Media Sales – Paid Media Programs for Players and Technical Devices – Academies – Camps – Matches … etc),
This in accordance with the provisions of the National Sports Regulatory Law of 2017, the Investment Law promulgated by Law No. 72 of 2017 and the Club’s Bylaws.
2- Establishment of the Al-Ahly Club Stadium Company, an “Egyptian public limited company”, to establish and manage a sports city and the Al-Ahly Stadium, and associated sports medicine, investment, real estate development, shopping centers and services. educational, on the lands owned by Al-Ahly Club, and in accordance with the provisions of the national law governing sports for the year 2017 AND the Investment Law promulgated by Law No. 72 of 2017, and the club’s statutes .
3- Establishment of the Al-Ahly Tourism and Services Company, an “Egyptian public limited company”, which provides tourism, travel and travel services to sports teams, players, members and the masses, and associated accommodation and housing services. … etc., in accordance with the provisions of the National Law that Regulates Sports for the year 2017, and the Investment Law issued by Law No. 72 of 2017 and the club’s statutes.
The Council also decided to form:
– A committee headed by Eng. Khaled Mortaji, and the membership of Tariq Kandil and Muhammad Al Damati, members of the Council, to develop a comprehensive vision for the establishment of Al-Ahly Football Company.
– A committee led by Khaled Al-Darandali, treasurer, and the membership of Muhammad Al-Jarhi and Muhammad Siraj, board members, to develop a comprehensive vision for the establishment of Al-Ahly Club Stadium Company.
– A committee headed by Ibrahim Al-Kafrawy and members Rania Alwani, Muhannad Magdy and Jawhar Nabil, members of the Council, to develop a comprehensive vision for the establishment of the Al-Ahly Tourism Company.
The three committees present their comprehensive visions, after studying them, to the Board of Directors at its first meeting in December, in preparation to announce the start of the work of these companies, to achieve the aspirations of the club, its partners and its fans to all the levels.
