Zamalek to establish football company

Egypt’s Zamalek have announced that they are set to establish Zamalek Football Company in order to create new sources of income for the club and to capitalize on the club’s financial resources. 

Zamalek’s board member Ibrahim Abdullah stated that the current board is keen to end the club’s financial crisis.

Abdullah said that the club managed to sign marketing contracts that reached EGP 16m,  besides that they are set to establish a new branch for the club in 6th of October.

Abdullah added that Zamalek are set to launch an app in the upcoming period which will provide EGP 40m by the end of the current year.