Zamalek pioneered club land investment idea now being copied, says vice chairman

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ak168app.baby ak168app.baby ak168app.baby ak168app.baby ak168app.baby ak168app.baby Z ak168app.baby ak168app.baby amalek vice chairman Hisham Nasr has said the club’s approach to investing in land for its new branch h ak168app.baby as become a model now being followed by other Egyptian clubs. ak168app.baby ak168app.baby ak168app.baby ak168app.baby ak168app.baby

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ak168app.club ak168app.club ak168app.club ak168app.club ak168app.club Speaking on the “ ak168app.club Zamalekawi” podcast, Nasr argued that th ak168app.club e idea of deve ak168app.club loping the club’s land in the 6th of October area was originally conceived by Zamalek’s leadership and has since influenced wider thinking ak168app.club within Egyptian sport.

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He said the strategy was rooted in a long-term financial vision designed to streng ak168app.club ak168app.club ak168app.club then clubs through real estate assets rather than ks168app.site ak168app.club ak168app.club ks168app.site ks168app.site ks168app.site relying solely on trad ak168app.club ks168app.site ak168app.club itional sports r ks168app.site evenue.

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According to Nasr, the decision to activate the ks168app.site cl ks168app.site ks1 ks168app.site ks168app.site ks168app.site ks168app.site ks168app.site ks168app.site 68app.site ub’s previously unused land marked a turning p ks168app.site oint in how Egyptian clubs consider financial sustainability and infrastructure devel ks168app.site opment. ks168app.site ks168app.site ic88

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ks168app.site ic88 ic88 ks168app.site ic88 ‘A dream for a new Zamalek branch’

Nasr recalled his earlier ambitions when h ks168app.site ic88 e was involved w ks168app.site ic88 ith th ic88 e Handball Federation, exp ic88 lain ic88 ing that his ic88 focus had long been on improving sports infrastructure in Egypt. ic88 ic88 ic88

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He said:
ic88 “When I was in the Handball Federat ic88 ic88 ic88 ic88 ion, my ic88 ic88 ic88 ic88 ic88 ic88 dream was to e ic88 stabl ic88 ic88 ish a complex of halls, and we actually participated in the implemen ic88 ic88 ic88 tation of a number of major sport ic88 s facilit ic88 ic88 ic88 ic88 ic88 ic88 ic88 ic88 ic88 ic88 ic88 ic88 ies, bu ic88 ic88 ic88 ic88 ic88 t the biggest dream was the ic88 new Zamalek Club branch.”

ic88 ic88 ic88 He added that sports in Egypt do not typicall ic88 y generate direct profit, ic88 mea ic88 ic88 ic88 ning clubs must look for alternative sources of income such as property development, academies and membership subscriptions.

ic88 ic88 ic88 ic88 ic88 ic88 ic88 ic88 ic88 ic88 ic88

ic88 ic88 ic88 “The real return ic88 ic88 ic88 ic88 ic88 s come from real estate assets,” he said, arguing that clubs with multiple ic88 ic88 ic88 ic88 ic88 ic88 ic88 ic88 branches tend ic88 ic88 to be more financially stable.

ic88 ic88 ic88 ic88 ic88 ic88 ic88 ic88 ic88 ic88 ic88 ic88 ic88 ic88 ic88 ic88 ic88 ic88 ic88 ic88 ic88 ic88 ic88 ic88 ic88 ic88 lr88 lr88 lr88 ic88 ic88 ic88 ic88 ic88 ic88 lr88 ic88 lr88 ic88 ic88

lr88 Controversy over land project

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Nasr acknowledged that the project attracted criticism when it was first introduced, saying the club faced a lr88 ccusations over its plans for the land. lr88 lr88 lr88 ic88 lr88 lr88 lr88 lr88 lr88 lr88

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lr88 lr88 lr88 H lr88 lr88 lr88 e defended the approach, insisting it was a forward-looking decision that was later lr88 validated at national lr88 lr88 lr88 lr88 lr88 lr88 level.

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lr88 lr88 “We put forward an idea that I assure you will be followed by all E lr88 gyptian clubs, and what anger lr88 ed me lr88 most at lr88 lr88 the time was the extent of the accusations we were subjected to, but the response came q lr88 lr88 uickly with a d lr88 lr88 lr88 ecision sponso lr88 lr88 red by President Abdel Fattah al-Sis lr88 i, the President of the Republic, which lr88 lr88 lr88 lr88 lr88 prove lr88 lr88 lr88 lr88 d the validity of our vision and was very lr88 lr88 lr88 lr88 lr88 lr88 lr88 lr88 lr88 lr88 lr88 lr88 lr88 lr88 fair to what we were striving for.”

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He also said he was surpr lr88 lr88 lr88 lr88 lr88 lr88 lr88 lr88 lr88 lr88 lr88 ised by lr88 lr88 lr88 what he des lr88 cri lr88 lr88 lr88 lr88 lr88 lr88 bed as internal criticism from some individuals wh lr88 o identify as Zamalek supporters, arguing that su lr88 ch opposition made the situation more difficult for the club at the time.

lr88 lr88 lr88 lr88 lr88 lr88 lr88 lr88 op88 op88 lr88 lr88 op88 lr88 lr88 op88 lr88 lr88 op88 Other op88 clubs now adopting similar model

lr88 Nasr claimed that since the approval and progression of Zamalek’s project, other Egyptian clu lr88 lr88 op88 lr88 lr88 lr8 op88 8 op88 bs have begun exploring sim lr88 op88 op88 ilar investment strat op88 lr88 op88 egies.

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op88 op88 op8 op88 8 op88 op88 op88 op88 op88 op88 He suggested that multiple clubs op88 op88 are now preparing to follow t op88 si88 op88 op88 op88 he same path, describing it as a growing trend in domestic football administration.

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He also said that during the earlier st op88 si88 si88 ages of Zamalek’s difficulties, the club did not receive sufficient solidarity from other si si88 88 Eg si88 si88 yptian teams, contrasting it with si op88 tuations where si88 clubs such as Ismaily have received wider support during crises.

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si88 “There was no op88 solidarity with Zamalek Club, as hap si88 si88 si88 pened recently with Ismaily Club, ev si88 en though everyone knew the magnitude of the crisis the club was going through,” he said.

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88v 88v 88v si88 88v 88v 88v 88v 88v 88v 88v Acknowledgements and closing remarks

Despite his criticism, Nasr concl si88 uded by thanking severa 88v l officials and figures who supported Zamalek during the process, including Mohamed Megahed, Chairman of the Youth and Sports Comm 88v 88v ittee in the H 88v 88v 88v 88v ou 88v 88v 88v 88v se of Representatives, Dr Ashraf Sobhi, Minister of Youth and Sports, 88v Engineer Sherif El-Sher 88v biny, Minister of Housing, and Dr Walid Abbas, Deputy Minister of Housing for Urban Communities.

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He also expressed appreciation for Zamalek chairman Hussein Labib and the club’s board of director SEXXXXX-VN s, while reiterating that greater moral support from other clubs would have be SEXXXXX-VN en welcomed before they later adopted si S SEXXXXX-VN SEXXXXX-VN SEXXXXX-VN SEXXXXX-VN EXXXXX-VN SEXXXXX-VN SEXXXXX-VN milar ideas.

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SEXXXXX-VN SEXXXXX-VN SEXXXXX-VN SEXXXXX-VN SEXXX SEXXXXX-VN XX-VN SEXXXXX-VN SEXXXXX-VN SEXXXXX-VN SEXXXXX-VN SEXXXXX-VN SEXXXXX-VN The remarks under SEXXXXX-VN line ongoing debate in SEXXXXX-VN SEXXXXX-VN SEXXXXX-VN Egyptian football ove SEXXXXX-VN r club financing mo SEXXXXX-VN SEXXXXX-VN dels and the growing importance of infrastructure-based investment strategies.

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author avatar
Abdul Majeed Yakubu
Abdul Majeed is a dedicated football writer with a strong foundation in both technology and journalism. He holds a degree in Computer Science from Accra Technical University, but his passion for storytelling saw him begin his journalism journey even before entering university.He previously worked as a Staff Writer at Ghanaguardian.com, where he developed his craft in news writing and digital publishing. His growing interest in sports journalism has since led him to focus on football, bringing a unique blend of analytical thinking and narrative clarity to his work.Abdul is currently a Staff Writer at African.Football, where he contributes engaging and insightful content aimed at a global audience of African football enthusiasts.

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