CAF considers revising controversial deal with Lagardere Sports
CAF new President Ahmed
Cairo - Arab today
New president of the Confederation of African Football (CAF) Ahmad is considering revising the terms of a commercial contract with Lagardere Sports that stirred controversy over the past few months, state news agency MENA reported on Monday.
In 2015, CAF renewed their contract with Lagardere Sports until 2028, granting them the marketing and TV rights for the African competitions for $1 billion.
Egypt's competition authority filed a case to the prosecutor-general against former CAF president Issa Hayatou and former secretary-general Hicham El-Amrani saying the deal violates the country's anti-monopoly regulations.
CAF has repeatedly denied these claims.
Ahmad, who was elected in a stunning victory over Hayatou earlier this month, made his first visit to the CAF headquarters in Cairo a few days ago, before travelling to Morocco Monday to meet the Moroccan FA head Fouzi Lekjaa.
Sources inside CAF and the Moroccan Federation told MENA that the president and executive committee were thinking of revising the exclusive deal with Lagardere to end the conflict with Egyptian laws.
The Egyptian economic court is set to deliver its verdict on the case on 2 April
Source: Ahram online
GMT 23:09 2017 Friday ,10 March
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