Zamalek president Galal Ibrahim resigns

Cairo, Egypt (PANA) - Galal Ibrahim, head of Cairo football giants, Zamalek, resigned on Wednesday in the face of crippling financial problems in the club.

The White Knights have been facing financial troubles since the ousting of former Club President, Mamduh Abbass, who provided a major source of the Club's funding.

Zamalek recently lost their bid for the Egyptian Premier League title to bitter arch-rivals Ahly, despite leading the table for 25 weeks in the 30-week competition.

The current Zamalek board decided last month to sack Egypt's all-time goal scorer, coach Hossam Hassan, naming former Egypt coach Hassan Shehata.

Shehata, the country's most successful coach in history, has several times turned down officially signing the agreed upon contract, waiting first to see if his financial demands would be delivered.

Shehata has also warned that he cannot guarantee success at his boyhood Club looking for its first local or African title in 7 years, if certain "costly" acquisitions of players are not made.

Shehata's demands have triggered conflicts in the Club’s board room, as board member Abdullah George resigned Monday.

Some of the Zamalek players are meanwhile complaining they are not receiving their payments.

Shehata on Wednesday denied threatening to quit his post and said he only sought confirmation that his demands will be met.

His statement was released concurrently with the one issued by Galal Ibrahim that he is stepping down because of the current financial problems afflicting the Club.

Most of all, Zamalek faces the danger of losing the services of their prolific star, Mahmoud Abdel-Razek ‘Shikabala’, who has  recently threatened to quit after a row with the management over renewing his contract.

Shehata has said selling Shikabala, Egypt's "Black Jewel", would solve all of the Club's financial woes, but added he hoped the "indispensable" player would remain with the Club next season.

Zamalek will be hoping to salvage something out of an otherwise disappointing season, by lifting Egypt's coveted Cup later in the Summer.

Egypt's Cup competition will resume in the second half of August.
-0- PANA MI/MA 3Aug2011

03 août 2011 22:50:38

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