Pyramid’s Emirati owner puts investment plans on hold following Al Ahly’s signing debacle

    Emirati businessman Salem Al Shamsi, owner of the Pyramids Club, decided to end his investment in the Egyptian Premier League on Thursday in a series of tumultuous decisions following the latest board meeting.

    This came in response to the Egyptian Football Association’s decision to appoint the Egyptian Cup final between Pyramids and Al Ahli next Monday to the local referee team.

    And the Pyramids club released an official statement saying: “Based on the previous statement dated January 13, 2023 and due to the lack of the principle of equal opportunities and lack of fairness … the board of directors of the club and its owners decided to stop investing in Pyramids, social club projects , sports town and stadium and hold a session at the end of the season, looking into the future of the club.

    The Egyptian Football Association refused to appoint foreign referees to host the Egyptian Cup final while the Pyramids complied with its request, but the Egyptian Football Association announced that the final would be taken over by the Egyptian referee team.

    The club took several steps to apply to the Football Association with a request for foreign referees for the cup final, taking all the costs of attracting foreign referees at the expense of the club, which was rejected by the federation under the pretext that the request violated the Regulations, which provides for a request for foreign arbitration 14 days before the date of the meeting, while the Competition Committee did not specify The final date was only ten days before it, before the federation abandoned its rationale and announced that the decision of the Egyptian judges for the final was the decision of the head of the judges committee, the Portuguese Vitor Pereira, who refused the presence of foreign referees in the final match, contrary to what follows in the final matches of the Egyptian Cup and the final of the Egyptian Cup. past years.

    Source: RT

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