MAS Fes set for major restructuring with B. Invest Holding

Maghreb de Fès is preparing to enter a new chapter after plans emerged for B. Invest Holding SARL to take joint control of the club’s sporting company.

The move is part of a broader restructuring strategy aimed at strengthening the club financially while modernising its governance structure.

Competition Council Confirms Project

On April 23, Morocco’s Competition Council confirmed it had received official notification of an economic concentration project involving Maghreb Association Sportive Fes Football MAS SA.

Under the proposed structure, joint control would be shared between the historic MAS association and B. Invest Holding.

The council classified the operation under the football club management sector, indicating that the agreement represents a significant structural transformation rather than a standard sponsorship arrangement.

Mohamed Bouzoubaâ Driving the Project

B. Invest Holding is linked to businessman Mohamed Bouzoubaâ, who was elected president of MAS Fes in August 2025.

His arrival generated optimism among supporters who hope the club can return to stability and competitiveness after several difficult years.

The investment project is viewed as a central part of Bouzoubaâ’s vision to rebuild the club both financially and sporting-wise, with ambitions of establishing stronger foundations for sustained success in the Botola Pro.

Balancing Tradition and Professional Management

The joint-control model would allow the historic association to remain actively involved in club affairs while B. Invest Holding provides financial backing and professional management expertise.

Many supporters are expected to welcome this approach as it combines modernisation with the preservation of the club’s identity and traditions.

For years, MAS Fes has struggled with financial inconsistency despite possessing one of the most passionate fan bases in Moroccan football.

Private investment could improve long-term planning, player recruitment, and administrative efficiency.

Moroccan Football Continues Professional Shift

The development reflects a wider transformation taking place across Moroccan football, where clubs are increasingly moving toward professional sporting company structures.

Private investors are becoming key figures in this evolution as clubs attempt to reduce dependence on short-term financing and political backing.

Several major clubs have already embraced similar models. Raja Casablanca recently moved toward bringing an institutional investor into the capital of its sporting company, while Wydad AC established its sporting company structure back in 2018 and has reportedly been preparing further capital restructuring plans.