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Foreign Players Threaten to Leave Egypt Because of Financial Turmoil
Published: March 13, 2011
The loss of foreign players and possibly coaches could severely damage the soccer standing and performance of Egypt, one of Africa’s best performers and one of the few that has been able to fund the acquisition of talent from abroad.
Egypt’s military rulers have been reluctant to lift the ban on matches, imposed in late January when mass anti-government protests erupted that last month forced President Hosni Mubarak to resign after 30 years in office. The military fears that soccer matches could become a rallying point for protesters who would complicate its efforts to lead Egypt to democracy by this fall.
The ban has deprived clubs of revenues. With half of Egypt’s 16 Premier League clubs owned by government institutions, the military and the police, many clubs fear that they may no longer be able to count on public funding.
The financial crisis has already prompted storied Cairo club Al Zamalek SC to announce that it would no longer be hiring foreign personnel for all its sports teams, with the exception of its top tier soccer team.
Foreign players and coaches are also considering their options because of controversial proposals by the Egyptian Football Association (EFA) to cap transfer pricing and salaries for players and coaches and fears that the current soccer season could be cancelled in its entirety. They are further disconcerted by the fact that the political turmoil engulfing Egypt has extended into the realm of soccer.
Several senior soccer executives are under investigation of corruption. Fans have turned on players and managers for not supporting the anti-Mubarak protests and for resisting pay cuts in...
Article Source: Bleacher Report - International Football
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