Al Ahly's Treasury Boosted by Installment from Wissam Abu Ali Deal
The management of Al-Ahly Club received the second installment of the transfer deal for Palestinian player Wissam Abu Ali to the American club Columbus Crew during the last summer transfer window. This contributed to boosting the club's treasury and resolving the foreign currency liquidity crisis.
According to several press reports, the received installment amounted to $2.5 million, out of the total deal value of $7.5 million, which is the amount paid by the American club to acquire the services of Wissam Abu Ali.
This amount comes at a time when Al Ahly Club has faced financial challenges due to the foreign currency crisis, which affected the management's ability to sign new foreign players. As a result, the team's signings were limited to the duo Yelissen Kamouish and Youssef Belamri during the last winter transfer window.
Al Ahly drew 0-0 against Algeria's JS Kabylie last Saturday in a match within the African Champions League competition, securing a spot in the quarter-finals of the continental tournament.
The deal involving Wissam Abu Ali is considered one of the successful transactions that bolstered Al Ahly Club's treasury, allowing the team to benefit from additional financial resources to strengthen its ranks in the near future, both locally and continentally.
According to several press reports, the received installment amounted to $2.5 million, out of the total deal value of $7.5 million, which is the amount paid by the American club to acquire the services of Wissam Abu Ali.
This amount comes at a time when Al Ahly Club has faced financial challenges due to the foreign currency crisis, which affected the management's ability to sign new foreign players. As a result, the team's signings were limited to the duo Yelissen Kamouish and Youssef Belamri during the last winter transfer window.
Al Ahly drew 0-0 against Algeria's JS Kabylie last Saturday in a match within the African Champions League competition, securing a spot in the quarter-finals of the continental tournament.
The deal involving Wissam Abu Ali is considered one of the successful transactions that bolstered Al Ahly Club's treasury, allowing the team to benefit from additional financial resources to strengthen its ranks in the near future, both locally and continentally.