Ukrainian club Oleksandriya is awaiting the receipt of two remaining payments from the transfer of Brazilian Juan Pezzera to Zamalek, with the total value of these payments reaching $700,000. This amount is part of the expected funds Zamalek will receive from Pezzera's transfer to Shabab Al Ahli Dubai.
Settling the dues to the Ukrainian club is among the financial obligations that Zamalek officials consider a top priority at this time, as part of the management's plan to utilize the proceeds from Pezzera's sale to settle several urgent financial matters.
Use of Expected Proceeds from Pezzera's Transfer
Zamalek officials have decided to allocate the expected financial proceeds from Juan Pezzera's transfer to Shabab Al Ahli Dubai to settle some urgent financial obligations within the club, primarily part of the overdue payments to the first-team football players.
The Zamalek management plans to allocate part of the transfer proceeds to pay the players' dues, especially after the players granted the club's management a deadline until September 16 to settle their overdue payments, with the management confirming its efforts in recent times to secure the necessary liquidity to resolve the crisis.
Through the proceeds from Pezzera's sale, Zamalek's management aims to calm the situation within the team's dressing room and pay part of the overdue dues, ensuring continued stability and focus within the team, especially with Zamalek's involvement in several local and continental commitments.
The club's management also plans to direct the remaining portion of the transfer proceeds to settle some debts and obligations owed by Zamalek, according to the agreed schedule with the creditors, as part of a plan to address outstanding financial issues and reduce the size of obligations.
Value of Pezzera's Transfer to Shabab Al Ahli Dubai
The basic financial value of Pezzera's transfer to Shabab Al Ahli Dubai is $5 million, which Zamalek will receive, divided into $3 million upon completion of the transfer, $1 million in January, and another $1 million after about 3 or 4 months. There is also an additional $1 million in incentives based on the agreement between the two clubs, bringing the total value of the transfer to $6 million if the incentive conditions are met.
