Man Capital Acquires Majority Shares In Right To Dream Academy

Right To Dream Academy players

Egyptian-owned company, Man Capital LLP, has become the majority shareholder in the Right to Dream Academy following a significant investment in the Ghanaian outfit, a joint statement from the two parties has revealed.

UK-based Man Capital LLP, which is the investment arm of the Mansour Group, a family-owned global conglomerate, takes the controlling shares of the Academy through Man Sports, described in the statement as “a new entity established for the partnership.”

Under the new deal, the Founder and Chairman of Man Capital, Mohamed Mansour becomes the new Chairman of the Right To Dream Board and his son, Loutfy Mansour, who is currently the CEO of Man Capital, takes a place on the Board as well.

Founder of Right to Dream, Tom Vernon retains a significant stake in the academy and will stay on as its CEO, the statement added.

The company hopes to emulate the academy’s successes in Egypt where they plan to launch a new Right To Dream Academy for both boys and girls in West Cairo.

Pro-women’s teams will also be formed in the two countries with the creation of the Ghanaian-based side set to take place within the next five years.

The partnership will also see to the expansion of the academy in Ghana in terms of its “intake of players, both boys and girls, to develop more talent in Ghana” and to enable “more Ghanaian coaches to be trained at Right to Dream.”

The exploration of UK opportunities at club and academy level is also an aspiration of the Right To Dream’s new owners.

The new Board Chair at Right to Dream and the founder of Man Capital, Mr Mohamed Mansour, said he was delighted with the partnership which showed their commitment to supporting communities across the continent.

See Also: Asante Kotoko Partners With Southampton

source: citisports

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