Raja Club Athletic revealed the financial assessment of its assets on Tuesday in an official statement, as part of its agreement with the new investor in the club’s sports company.
The “Green” club estimated the total value of its assets at 5.1 billion dirhams, including 800 million dirhams representing the value of players, 1.5 billion dirhams for the brand, and 2.8 billion dirhams for the academy.
The club identified its debts and outstanding liabilities at 1.3 billion dirhams, resulting in a net financial evaluation of 3.8 billion dirhams. The statement clarified that the Raja Academy will remain the property of the sports association, but it will be made available to the sports company for management and operation under the new project.
Raja increased the capital of the sports company from 300,000 dirhams to 2.5 billion dirhams, with the sports association contributing 1 billion dirhams, which reflects the value of the assets transferred from the association to the company.
For its part, the institutional investor will contribute 1.5 billion dirhams, to be paid in three installments over three sporting seasons.
This transformation comes as part of a strategic plan aimed at financially restructuring the club and managing it according to the new model of sports companies, thereby enhancing its resources and ensuring long-term stability.