Ismaily SC has managed to reduce its total debts from 220 million EGP to 150 million EGP, according to statements made by media personality Khaled El Ghandour. This move is part of the club's ongoing efforts to lift the registration ban that has been affecting their operations.
Al-Ghandour explained during his statements on the "Stadium Al-Mihrab" program that the club needs to gather 120 million EGP just to lift the registration ban, and there will be an additional 100 million that will be scheduled.
Ismaily SC has recently settled several issues and currently needs 50 million EGP to lift the transfer ban before the start of the professional league on August 20, allowing them to make new signings.
Ismaily Club's management is racing against time to settle this complex issue and secure the remaining funds, in a serious attempt to organize the first team's affairs and strengthen its squad with new signings before the kickoff of the new football season.
