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Emirati Habtoor and Zamalek deal: billion-dollar offers and intervention from the sports ministry

Egypt ·

Zamalek's board, chaired by Hussein Lebib, has called a general assembly for 8 December to vote on cutting the club's stake in its football company to below 51 percent, but not under 40 percent. The remaining share would be offered to Egyptian and foreign investors, according to an official announcement the club published on Saturday.

Zamalek is one of Egypt's largest football clubs, based in Cairo.

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