El Wakeel Law Firm acted as legal counsel to Al Ahly Sports Facilities Company in connection with the landmark Al Ahly Stadium Naming Rights Agreement with global telecommunications company Vodafone.
The transaction represents one of the most significant sports sponsorship deals in Egypt, constituting the highest-value sports sponsorship agreement ever concluded in Egypt. It also marks the first stadium naming rights agreement of its kind in the Middle East involving a stadium owned by a sports club.
The agreement provides a commercial milestone for Al Ahly's new stadium, securing substantial sponsorship value while the venue remains under construction. The deal is expected to cover approximately 40% of the stadium's construction costs before its official opening.
The transaction was led by Tamer El Wakeel, Founder and Managing Partner of El Wakeel Law Firm, with support from Legal Counsels Omar Abdeen, Dalila Djamane, and Hussein Moharram.