Zamalek have reportedly set the terms for a new football company with an unnamed Gulf investor holding 60%, leaving the club with 40%.

The investor would also provide a fixed annual football budget of EGP 600 million. That money would cover the first team and sporting director’s requirements.

The company would take direct control of Zamalek’s entire youth sector, extending its responsibilities beyond managing the senior team.

Under the reported agreement, Zamalek would collect just 40% of any profits.

However, Zamalek have not yet named the investor. The reported terms remain subject to approval from the club’s general assembly and the relevant administrative authorities.

The board previously settled on the proposed 60-40 division, according to reports. Moreover, the club asked the Ministry of Youth and Sports to determine the date and format of the required meeting.

The proposal has divided the board and prompted opposition from several club members. Treasurer Hossam El-Mandouh and board member Ahmed Soliman are among those seeking a larger Zamalek stake.

Critics argue that the club should retain at least 51%. They fear the proposed structure would give outside investors effective control over Zamalek’s football operations.

The project comes as Zamalek seek solutions to a prolonged financial crisis.

Chairman Hussein Labib previously said that the club’s total financial obligations had approached EGP 3 billion. He also estimated an annual gap of between EGP 800 million and EGP 900 million.

Labib said Zamalek needed around EGP 300 million to resolve their transfer registration restrictions. He listed the football company among the board’s proposed financial solutions.

The Zamalek plan follows two state-backed football partnerships announced earlier this week.

The move comes days after the Sports Ministry oversaw memoranda pairing ENPPI with Al-Sharqia and Petrojet with Suez. The agreements aim to create companies that manage, operate, and develop the clubs’ football activities.

ENPPI and Petrojet will each hold 51% of their respective companies. Al-Sharqia and Suez will retain 49%.

Those agreements do not transfer ownership of the wider social clubs. However, they place football management under company-controlled entities.

Zamalek’s proposal would extend that model to one of Egypt’s largest member-run clubs if members and authorities approve it.