Egypt: Issa Hayatou has imposed 24.5 million euros


Issa Hayatou, who was the president of the African Football Alliance (CAF), and formerly appointed secretary, Hicham El Amrani was convicted of 500 million Egyptian pounds (about 24.5 million euros ) launched the Cairo Economic Court on November 26, 2018, according to local media. The Cameroonian and the Moroccan were considered in Egypt for contracting media rights / African football marketing with the French company Lagardère Sports.

Is this the legal file series that started in January 2017? On November 26, 2018, Issa Hayatou and Hicham El Amrani were charged up to 500 million Egyptians (approximately 24.5 million euros), two years after the former president of the African Covenant Football (CAF ) and the former General Secretary has been involved with the Egyptian authorities.

The offense they are & # 39; think? In September 2016, he sold the marketing rights regime and the African football media for 2017-2028 to the Lagardère Sports Company (LSE) against a billion dollars.

The Egyptian Competition Authority (ECA) had ruled that this contract was a violation of the law in Egypt, where CAF headquarters are located. His case was then sent to the Cairo Economic Court (CAC) in March 2017, and, following several re-instances, lawyer opened the previous two chiefs in April 2018.

Contract was re-negotiated

According to the Egyptian media, it leaves Cameroonian and Moroccan that the CAC has been in a position; do this sentence that can not be implemented. The Court is deemed not to register to & # 39; a contract between CAF and LSE to meet a number of legal principles in Egypt.

There was a Swiss company, Exhibition Sport (PS), especially trying to compete with Lagardère in 2016. PS was a " Feeling that it was held out of any call for offers. This was strongly opposed to being a leader of the African Football Alliance, which emphasized the fact that it was incorporated into specific negotiations with LSE in June 2015.

In April 2017, Ahmad Ahmad, CEO, who was formally elected, went after his abolishing Issa Hayatou, criticized the agreement agreed with the former and former enemy. Malagasy then found that the CAF and Lagardère would endorse the contract on September 28th 2016.

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