Ismaily announced the full payment of the second and third, final installments due to Jean Morel, totaling $200,000, 15 days before the scheduled deadline.
Thus, the club confirms the complete and final closure of this file, as part of efforts to resolve all issues related to the registration ban.
Ismaily's statement read as follows:
The Ismaily Club Management Committee announces that today it has completed the full payment of the second and third, final installments due to Mr. Jean Morel, totaling US$200,000, fifteen days ahead of the scheduled deadline.
The Ismaily Club Management Committee takes this opportunity to confirm the following:
- Rumors circulating on some social media pages and websites regarding financial support worth 15 million Egyptian pounds from the Ministry of Youth and Sports in the coming hours are unfounded.
- Similarly, rumors about new sanctions being imposed on the club in the Ben Khamasa case are false, and such claims lack official information.
The committee affirms that spreading such inaccurate news disrupts the serious and sincere efforts currently underway to complete the steps for lifting the registration ban, within the noble campaign supported by His Excellency the Governor of Ismailia.
The Ismaily Club Management Committee stresses that the official page of Ismaily Club is the sole approved source for official information and statements, and urges fans not to follow unverified news or rumors spread on social media platforms.
Ismaily is taking concrete steps toward resolving the crisis and lifting the registration ban.
