Zamalek’s Recent Financial Crises Push the Club into a Precarious Position ...Egypt

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Zamalek’s Recent Financial Crises Push the Club into a Precarious Position
Photo credit: Zamalek SC. Following the departure of Mortada Mansour in August — four months after a court ruling removed him from his position — from Zamalek Sporting Club, one of Egypt’s two biggest football clubs, the club has been grappling with a gruesome financial crisis. The latter has been due to outstanding debts owed to former athletes and coaches in various sports. FIFA banned Zamalek from the transfer market in August as a consequence of failing to pay Sporting Lisbon USD 1.8 million (EGP 55 million) owed for the 2015 transfer of Mahmoud Shikabala. The ban has prevented Zamalek from making any new signings during the current summer transfer window, leading it to participate in th

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