Global matcha market to surpass $7bn by 2030: Nutrition expert    Egypt, Huawei discuss expanding AI, digital healthcare collaboration    Israel's escalating offensive in Gaza claims over 61,000 lives amid growing international pressure    Chinese defence expert dismisses India's claim of downing Pakistani jets    Egypt's Al-Sisi calls for comprehensive roadmap to develop media sector    Egypt, Jordan kick off expert-level meetings for joint committee in Amman    Spinneys Ninth Annual Celebration Honoring Egypt's Brightest Graduates    Al-Sisi, Türkiye's FM discuss boosting ties, regional issues    Egypt's Sisi, Sudan's Idris discuss strategic ties, stability    Egypt's govt. issues licensing controls for used cooking oil activities    Egypt signs vaccine production agreement with UAE's Al Qalaa, China's Red Flag    Egypt to inaugurate Grand Egyptian Museum on 1 November    Egypt to open Grand Egyptian Museum on Nov. 1: PM    EGP wavers against US dollar in early trade    Oil rises on Wednesday    Egypt, Vietnam gear up for 6th joint committee    Egypt, Uganda strengthen water cooperation, address Nile governance    Egypt's Sisi: Egypt is gateway for aid to Gaza, not displacement    Egypt, Malawi explore pharmaceutical cooperation, export opportunities    Egypt's Foreign Minister discusses Nile water security with Ugandan president    Egyptians vote in two-day Senate election with key list unopposed    Korean Cultural Centre in Cairo launches folk painting workshop    Egyptian Journalist Mohamed Abdel Galil Joins Golden Globe Voting Committee    Egypt's FM, US envoy discuss Gaza ceasefire, Iran nuclear talks    Egypt keeps Gaza aid flowing, total tops 533,000 tons: minister    Egypt's EHA, Huawei discuss enhanced digital health    Foreign, housing ministers discuss Egypt's role in African development push    Greco-Roman rock-cut tombs unearthed in Egypt's Aswan    Egypt reveals heritage e-training portal    Sisi launches new support initiative for families of war, terrorism victims    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Egyptian Premier League January spending hits new high
Published in Ahram Online on 03 - 02 - 2018

Ahly and Zamalek have raised the bar on transfers after they collectively spent around EGP 100 million (nearly $6 million) during the January transfer window.
While the record for local transfers between Egyptian clubs stood at EGP15 million paid by Zamalek to lure Congolese striker Kabongo Kasongo from Ittihad of Alexandria last summer, Ahly have reportedly paid more than the double this amount to sign Salah Mohsen from Enppi in January.
No fee has been officially disclosed, but media reports suggest the amount is somewhere between EGP 33 and 38 million.
"We don't want to disclose at this time the big amount in the deal in line with Ahly's wishes, but it will be revealed sooner or later," Enppi's football director Abdel-Nasser Mohamed told a radio programme.
The record-breaking move of the 19-year-old attacker created huge buzz in the Egyptian media.
"It is totally exaggerated and I don't think there is any player worth that much in the Egyptian League. We are considering asking the clubs to present us their budgets ahead of the season so we can put a ceiling on their spending to avoid having them struggle to pay their dues, whether to other clubs or players," Egyptian FA board member Magdi Abdel-Ghani said.
Ahly have announced that chairman of the General Sports Authority of Saudi Arabia, Turki Al-Sheikh, who was named last year honorary president of the club, has fully funded the transfer in order to ease concerns over their budget.
"I think the market was quiet this January except for one deal. We didn't want to race Zamalek in every transfer and we even dropped some players to avoid the hike," Ahly's marketing director and the board's spokesman Adli Al-Qii said.
Zamalek matched their previous record twice in January, as they signed Assiouty Sport playmaker Mohamed Antar and Smouha midfielder Mahmoud Abdel-Aziz for EGP 15 million each.
Both players were also on Ahly's radar, who pulled out of the race following a EGP 20 million price tag, paving the way for the Whites to get a better deal.
Port Said-based club Masry contributed to the January big-money moves after signing Islam Issa from Al-Nasr for a club record fee of EGP 10 million, and Burkinabe striker Issouf Ouattara from Wadi Degla for EGP 5 million.
Outside these big deals, the rest of the transfers in a quite agitated window remained below the bar of EGP 5 million. But with more money than ever before flowing into the Ahly and Zamalek due to foreign selling (Ahly have announced $2.5 million revenues from winter transfers to Saudi Arabia) no lull is expected next summer.
(For more sports news and updates, follow Ahram Online Sports on Twitter at @AO_Sports and on Facebook at AhramOnlineSports.)


Clic here to read the story from its source.