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Zamalek dismisses 600 Million EGP funding rumours amid ongoing financial struggles

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Egyptian outfit, Zamalek SC have denied widespread rumours claiming that the club has secured a massive 600 million EGP financial boost.

According to the club, the claims are completely false and baseless. Reacting to the many reports, the club emphasised that no such funds have been received from anywhere.

Meanwhile, the Egyptian club has acknowledged that it is anticipating some financial relief soon.

The club further noted that the expected figures are nowhere near the amounts being reported,

In the ongoing bad press around the club, Zamalek SC has expressed frustration, describing the whole thing as “inflated and misleading” information.

The club further questions how such exaggerated claims gained traction in the first place and wants the media to clarify reports before putting it out.

Although Zamalek admits that its financial strain remains severe and has affected the payment of salaries of players, the club is confident that there will be relief very soon.

 

 

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Eric Kwafo

Eric Kwafo

About Author

Eric Kwafo is an experienced Ghanaian broadcast journalist based in Accra. He has worked for years in the field, specialising in sports reporting for the past seven years.

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