Hussein Labib: Zamalek Will Hold the Largest Stake in the Football Company

Zamalek board chairman Hussein Labib said the club will hold the largest stake in the football company, with no other entity holding a larger share, and noted that measures are in place to ensure this.

Labib explained that the assets to be transferred to the company would include those related to football activities, such as the first team, the youth sector, academies, sponsorship, prizes and player sales, while real estate assets would be excluded. He added that the club has no agreement or commitment with any entity regarding the company so far, and that transferring the assets would make it possible to market them later.

He said that having more investors would be better for the club, stressing that the project is not tied to the continuation of the current board, but aims to build something that future boards can continue to develop. Labib cited major clubs that, he said, had increased their revenues after setting up football companies.