Al Ahly board reviews financial position, long-term strategy for club companies

Al Ahly’s board of directors, chaired by Mahmoud El Khatib, met on Tuesday at the club’s Gezira headquarters to discuss several key matters related to its various sectors in the coming period.

The board reviewed the overall strategy for the club’s four companies - football, sports facilities, services and media production - including their financial position, profits from the previous cycle and future plans.

Discussions centred on boosting returns on investment, with the companies acting as the club’s sustainable investment arms to support its strategic vision and help meet rising operational and maintenance costs stemming from major infrastructure upgrades and the expansion of club branches and member services.

The board thanked both current and former company boards and urged continued work under a unified long-term vision that reflects the ambitions of Al Ahly’s members and supporters.

It also reviewed updates from Al Ahly Sports Facilities Company, including progress on the Sheikh Zayed sports city project, adherence to its timetable, the development of the new stadium and ongoing studies for potential new branches.

The Football Company briefed the board on new sponsorship contracts beginning next season, as well as commercial deals and expected revenues in the period ahead.

The board further reviewed the financial status of Al Ahly Services Company and the new projects planned for members and beneficiaries, along with the strategic outlook for the Media Production Company, including continued development of Al Ahly TV.