Zamalek vice president reveals full details of planned football company

Hisham Nasr, Zamalek's vice president, has disclosed the club's plan for a football company, including ongoing negotiations with three investors.

• Nasr said the football team spends about 1 billion EGP annually against 500 million in revenue, producing a yearly loss of 500 million EGP.
• The company would take over the football team's operations, directing the club's remaining revenues to its social club and indoor sports.
• Nasr said Zamalek is negotiating with three entities, welcoming an investor taking 49%, with the club not required to hold 51%.
• Nasr said one offer required the investor to cover the annual deficit for 10 years, totaling at least 5 billion EGP.