Aswan Club officials justified their decision as a result of the failure of the sponsoring company of the Egyptian Premier League to pay the club’s financial dues, in light of the severe financial crisis that Zahrat Al-Janoub is suffering from.
Aswan’s statement came as follows:
“Due to the difficult and renewed financial crisis that Aswan Sports Club is going through, and the non-compliance of the company sponsoring the broadcasting rights (Presentation) to pay the late financial dues according to the contract concluded between it and the Aswan Club, which led to the accumulation of financial obligations on the club, including accommodation and subsistence costs for the first football team in Cairo and Aswan and dues Player contracts and the cost of renting Aswan Stadium and Petrosport Stadium, and the total of these debts amounted to 5 million pounds, as a commitment on the club during the current period.”
“Despite the continuous and ongoing contacts between the management of the Aswan Club and those responsible for the sponsoring company, the Aswan Club did not achieve the financial dues that would enable it to pay its immediate obligations.”
“Therefore, the Aswan Club’s board of directors, headed by Major General Ahmed Suleiman, is considering, in the coming hours, a decision not to agree to the club’s broadcast of the match between Aswan and Al-Ahly next Thursday at Petrosport Stadium.”
Al-Ahly occupies second place in the table of the Egyptian Premier League football competition with 55 points collected from winning in 16 matches, drawing in 7 matches and losing in two matches, while Aswan Club comes in 16th place with 25 points.