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Misr for Central Clearing nods to EGP 89M sponsorship deal

Misr for Central Clearing nods to EGP 89M sponsorship deal

ArabFinance: The board of Misr for Central Clearing, Depository, and Registry approved an offer from Estadat Company to purchase the sponsorship rights of Misr Lel Makkasa Club, Al Borsa News reported on October 28th.

The deal value stands at EGP 89 million, according to sources.

Signing the contracts will take place on November 1st, the news portal added.

Earlier this month, Chairman of Makasa Sport Company Amr Mostafa Kamel reportedly offered to purchase 100% of Misr Lel Makkasa Club, after resigning from his position.

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