Lotfi Mansour, the Egyptian businessman nominated to buy Chelsea Football Club
Press reports revealed that businessman Lotfi Mansour, nephew of Yassin Mansour, head of the football company in Al-Ahly Club of Egypt, joined the list of candidates to buy Chelsea Football Club.
Russian billionaire Roman Abramovich announced in a statement yesterday, Wednesday, his intention to sell Chelsea FC, after days of pressure he faced over the Russian military operation in Ukraine.
The English newspaper, The Telegraph, indicated that Lotfi Mansour, CEO of Man Capital, a subsidiary of the Mansour Group, is likely to be among the list of candidates to buy the club.
Lotfi Mansour is 33 years old, a Chelsea fan and holds a season ticket to attend the matches of the South London team, which made his name popular among the candidates to buy the "Blues".
Lotfi Mansour tells the British newspaper “Financial Times” the story of his passion for investing since childhood: “When I was a child I used to go to the office, in the morning, I remember the first time I saw a person selling a car, how he talked with the lady and then I started diving into the details of what he was doing I was enchanted by what I saw."
Lotfi Mansour worked in his father’s commercial group, where he says, “I worked in the sales and marketing departments,” and learned business, which means that he has great experience in managing many files. In addition, he believes that building the employee in his company is the main element for its success, and says: “The way The way you can create value for your company is through its employees, you have to get to know people on many levels and act with credibility.”
Al-Mansour Group, one of the largest investment groups, has 60,000 employees and revenues exceeding $6 billion. The family was famous for working in the cotton trade and then cars by obtaining a contract with the General Motors agency.
The Mansour family also owns the McDonald's franchise in Egypt and several retail outlets.
The "My Capital" company, which he manages, is the investment arm of the prestigious Mansour Trading Group, which has a great commercial history in the investment field.
The wealth of the Mansour family, to which Lotfi belongs, is approximately $5.1 billion, according to the American magazine "Forbes".
Mansour will join, in the event of Chelsea's purchase, a group of Arab investors in English clubs such as Manchester City, Newcastle United, Aston Villa, Hull City and Sheffield United.
All parties interested in buying the English club have been invited to submit official offers this week, with the aim of selling it by March 15.
The billionaire mentions that the 55-year-old Abramovich bought Chelsea in 2003 for $230 million from former English owner Ken Bates, and now wants to get at least 3 billion pounds in return for giving up the club that turned it into one of the most important clubs. The world, its champion and the current European League champion.
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