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An investment offer on Fouad Ouarzazi’s office. The president of Kawkab Marrakech (KACM) has indeed received an offer to buy the club.
The offer in question was formulated by a French investor, which is a first in Morocco. This pushes the leaders of the club, to accelerate the process of transformation of the club into anonymous company, the only status that allows a transfer of shares.
A meeting between the two future partners was to be held this Friday in order to start the preparation of a roadmap to channel the entire privatization process. In the event that the transaction materializes, one of the first fruits of the sport clubs transformation project will be gathered.
A sport business concept is in sight by this transaction, which will involve associating the image of the club with that of the city, already known worldwide. This concept has already proven itself in Europe, as in Paris, where the acquisition of PSG was accompanied by colossal investments.
