Severe financial crisis threatens Pyramids FC

Daily News Egypt
1 Min Read

A number of coaches and administrators in the junior sector of Pyramids FC threatened to suspend training for not receiving their salaries for the past two months.

The 2011 and 2012 junior teams won first place in the friendly Shooting Club tournament, beating Enppi, Al Ahly, Haras Al-Hodood, and Al-Masry. However, the teams did not receive their salaries.

An official source in Pyramids FC confirmed that the coaches and administrators did not receive their salaries during the past two months.

The source revealed that there was a liquidity crisis facing the club, which was the reason for the delay in the payment of salaries, pointing out that the problem will be resolved during the coming period.

The salaries of coaches and administrators within the junior sector of the club range from EGP 4,000 to EGP 10,000 per person.

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