Emirati businessman breaks silence on reports linking him with Zamalek takeover

Emirati businessman Khalaf Al Habtoor has dismissed reports suggesting he intends to buy Egyptian club Zamalek or invest in its football company, insisting that no offers or negotiations have taken place.

Al Habtoor addressed the speculation after claims circulated in some media outlets and on social media about his alleged interest in acquiring the White Castle or becoming involved in its football operations.

In a statement published on his official Facebook page, the businessman said he was surprised that the reports had resurfaced and described them as completely false.

“I followed with surprise what is being circulated again in some media outlets and social networking sites about my intention to buy the Egyptian club Zamalek, or to submit financial offers to invest in its football company.”

He added: “I would like to make it clear that this news is absolutely untrue and has no basis in truth, neither directly nor indirectly. I did not make any offer to buy or invest in the club, nor did I enter into any negotiations in this regard, and everything published about alleged sums of money or agreements has nothing to do with the truth.

Al Habtoor explains his position on Egyptian football

The Emirati businessman stressed that he holds Zamalek and its supporters in high regard, while also expressing his commitment to supporting Egyptian sport and young people.

He pointed to initiatives through which he has supported sporting activities, including honouring the Egyptian national football team following its performance at the World Cup.

“I love sports, and I have the utmost respect and appreciation for the ancient Zamalek Club, and for all Egyptian sports clubs and their fans”. I am also always keen to support Egyptian youth and encourage their achievements, which I expressed practically through our initiatives to support sports, including honoring the Egyptian national football team after its honorable performance in the World Cup.

However, Al Habtoor made a distinction between supporting sporting activities and taking on the responsibility of investing in or managing football clubs.

“But supporting sports and youth is one thing, and investing in and managing football clubs is another thing entirely”. I do not have investments in this field, nor do I claim to have the necessary experience to manage and develop sports clubs, and I have no plans to enter into it.

Businessman urges media to verify reports

Al Habtoor concluded his statement by calling on media organisations to exercise accuracy when publishing information connected to his name, projects and investments.

He warned against presenting inaccurate reports as established facts and reiterated his respect for Egypt and its people.

“All my love and appreciation to the sisterly Arab Republic of Egypt and its dear people, and I wish Zamalek Club and all Egyptian clubs continued progress and success, and Egyptian sports more achievements and brilliance”.

His comments put an end to the speculation surrounding a possible takeover or investment deal involving Zamalek, with the businessman firmly denying any intention to enter the club’s football operations.