Moheib Abdel Hady Raises Questions About Zamalek’s Football Company and Finances

On the Al-Laeeb programme, broadcaster Moheib Abdel Hady discussed the establishment of Zamalek’s football company, examining debate over investors’ shares and the company’s founding requirements, and comparing the 2017 law with amendments introduced in 2025.

Abdel Hady said the 2017 law required the club to own at least 51% of the company and prohibited anyone from serving on both the club’s board and the football company. He said the 2025 amendments covered both of these requirements. He also noted that Zamalek’s board had called a general assembly to discuss the matter, and predicted that it would fail to reach quorum, describing the outcome, in his view, as all but settled.

Abdel Hady questioned the timing of the move to establish the company as the board’s term approaches its end, and whether it was connected to the club’s financial crises, registration ban, fines and debts. He also raised questions about the money Zamalek had spent on player signings who did not deliver the expected benefit, and discussed sums he said had been returned or were being pursued for recovery, ranging, according to his account, from one thousand dollars to 50 million Egyptian pounds.

At the end of his discussion, he called for Zamalek’s interests and stability, and the preservation of its financial resources, to take precedence over personal considerations and administrative calculations.