There are some requirements for turning clubs into shareholding companies.
Requirements of converting sports clubs into joint stock companies:
1. A football joint stock company should be established and be separate from other activities of the club.
2. Establish temporary rules for listing in the Stock Exchange and granting sports clubs exceptions to certain conditions related to profitability and financial performance.
3 - the need to raise the possibility of ownership of more than 51% of football companies to provide adequate financial support from foreign investors.
Diversify the income sources of sports clubs and encourage them to increase their financial resources away from the state
5 - Develop an investment map of clubs for sale or investment to attract investors.
6 - Separation of the football sector in clubs and joint stock companies affiliated administratively and financially with an independent budget.
7 - Transforming the administrative thinking of sports clubs to investment thinking in the first place and spreading the investment culture.
8 - the need for a professional management of business for sports clubs to achieve high profit rates and not rely on the state.
9 - Apply the concepts of governance to the sports club or joint stock companies before the launch of the Egyptian Stock Exchange.
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