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Tom Vernon’s football academy expands to Egypt with new billionaire owner

Egyptian billionaire Mohammed Mansour has invested $120 million for a controlling stake in the organization.

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Right to Dream (RTD), a Ghanaian football academy founded in 1999 by former Manchester United scout Tom Vernon, has purchased land in Cairo, Egypt, as part of the organization’s expansion strategy in Africa.

RTD made the move after reaching an agreement with Egyptian billionaire Mohammed Mansour to promote expansion to the North African country. Ghana Soccernet reported that the billionaire invested $120 million for a controlling stake in the football organization.

This makes Mansour the organization’s new owner, with Vernon a significant shareholder.

Mansour is RTD’s new chairman and his son, Loutfy Mansour is a board member.

“Very exciting to visit Badya Palm Hills Developments in Egypt today to the site of the 3rd academy in the Right to Dream group with my friend and RTD Egypt CEO Mohammed (Micho) Wasfy. We will be open and operating Right to Dream here in 2022. Taking Ghana to the world with a splash of Denmark and soon adding some Egypt spice to our global football vision!,” Vernon wrote on social media.

Vernon and RTD Egypt CEO Mohammed Wasfy identified plots of land at the Badya Palm Hills Developments on the outskirts of Cairo as a suitable location for the school.

The organization’s facilities in Egypt will be constructed within a year and consist of a world-class university and educational establishment, which will provide a unique development environment for young people who lack access to schooling and sport.

RTD Ghana has graduated more than 140 students. It also has produced over 20 world-class footballers, such as Strasbourg’s Abdul Majeed Waris, Ajax Amsterdam’s Mohammed Kudus and Kamaldeen Sulemana of Nordsjæll.

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