Tag: Football Club
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Leicester City apologises after delaying employee wages until after Christmas
Controversy surrounds the club’s payroll decision Leicester City has apologised after informing staff that their wages would be paid on December 31, instead of before Christmas as had long been the practice. The internal email, which circulated among employees, outlined a schedule shift that many workers described as inconvenient and out of step with typical…
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Al Ahly Club Approves Budget Exceeding EGP 8 Billion
Al Ahly Club Achieves Financial Milestone In a significant development for Egyptian sports, Al Ahly Club has officially announced the approval of its budget for the current financial year, with a remarkable figure exceeding EGP 8 billion. This milestone was confirmed during a meeting of the club’s Board of Directors, led by club president Mahmoud…
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Fluminense SAF: Investment Plan and Debt Solutions
Introduction to Fluminense SAF The Fluminense Football Club recently introduced its proposed Sociedade Anônima do Futebol (SAF), seeking to revolutionize its financial structure. Spearheaded by the company LZ Sports, this plan aims for an impressive total investment of R$ 6.9 billion over the next few years. With this ambitious strategy, the club intends to enhance…