Press Release

Man Capital invests in €100m football partnership with Right To Dream

London, UK

Right To Dream, the global opportunity-creating ecosystem of football academies, professional football clubs and partnering colleges and universities, founded by visionary British social entrepreneur, Tom Vernon, has formed a new €100 million partnership with Man Capital LLP (“Man Capital”) to help bring greater access, opportunity and equality through football.

The investment in Right To Dream by Man Capital, the UK-based investment arm of the Egyptian Mansour Group, a family-owned global conglomerate, is being made through Man Sports, a new entity established for the partnership. Focus will be on establishing a Right To Dream academy in Egypt, and furthering the activities of the Right To Dream academy in Ghana, the FC Nordsjælland club and academy in Denmark, exploring UK opportunities at club and academy level, and expanding women’s and girl’s programmes across the organisation.

Under the terms of the partnership, Man Sports will assume majority control of Right to Dream with Tom Vernon remaining the other significant shareholder. Mr Mohamed Mansour, the Founder and Chairman of Man Capital, becomes Chairman of the Board of Right To Dream, while his son, Mr Loutfy Mansour, the CEO of Man Capital, becomes a Board member.

The partnership enables Right To Dream to hire new senior leaders across the organisation, with several appointments already being made for the new venture, namely Mohammed Wasfy as MD of the new Right To Dream academy to be launched in Egypt, Pippa Grange taking on a permanent role as Group Chief Culture Officer, and Jan Laursen being promoted into the role of Chairman of FC Nordsjælland.

Tom Vernon, who continues in his role as CEO of Right To Dream Group, said: “For 20 years Right To Dream has been using football as a vehicle for social change, bringing life-changing opportunities through sport and education for children and their communities. This partnership helps Right To Dream accelerate global expansion plans to provide more opportunities for more children around the world, continuing to put people and purpose at the centre of football. With the support of the Mansour family, we continue to aspire to the creation of a new standard of purpose-driven sports for clubs academies and players.”

The first project for the new partnership sees Right To Dream build an academy in Egypt, for boys and girls, following the same model as the successful academies in Ghana and Denmark. Supporting the Government’s national development agenda, “Egypt 2030”, the Egyptian academy will be located in West Cairo, with construction expected to begin early this year ready to welcome its first group of children in 2022.

Mr Mohammed Wasfy joins Right To Dream as MD of RTD Egypt to lead this project and the development of the organisation in the country, supported by the Mansour family. Closely following the opening of the new academy will see the launch of a new professional women’s football team. This elite Women’s team will showcase purpose-driven female athletes at their best, embodying the RTD brand and model with an aspiration to recruit and attract top talent into Egyptian women’s football.

Speaking about the investment, Mr Mohamed Mansour, Chairman and Founder of Man Capital, said: “I could not be prouder to be investing in and partnering with Tom and his team at Right To Dream, who are inspirational for the life-changing work they undertake with talented boys and girls across Africa, Europe and the Americas. We have long taken a close interest in the work they are doing and are delighted to be announcing our partnership today. Not only are we a family of football fans, indeed my uncle Mostafa Kamel Mansour even represented Egypt in the 1934 World Cup, but we are committed to supporting communities across Africa, through our foundations and other philanthropic activities.”

Right To Dream academies are not simply a pipeline for talent, they are platforms of opportunity for the boys and girls who come into contact with them, on and off the field. Established in Ghana before expanding into Europe and North America, Right To Dream academies aim to merge people and purpose through the lens of football. The academies have links to world class universities and educational establishments and provide a personal development environment for young people who lack access to schooling and sport.

Having already graduated over 140 students, with 82 students currently at the academy, Right To Dream has a vision to create a global chain of academies that fundamentally change the role clubs play in football today. Pippa Grange, Right To Dream’s new Global Chief Culture Officer says, “Skills on the field are just as important as education, character development and aspiration off it. Right To Dream develops every aspect of a child’s life, giving them the best possible support and preparation to make their way in the world.”

The success of Right To Dream’s academy model is clear. In 2016, Right To Dream acquired FC Nordsjælland (FCN), the Danish Superliga club that does things differently. FCN was the first club in the world to sign with Common Goal. They launched a professional women’s football team, along with a girl’s academy and continue to maintain the ambition of developing and promoting significant numbers of players from their two academies (currently 80% of the men’s first team are from Right To Dream’s own academies) and attracting purpose led top class senior players to the model. Now, with an average age of below 22, FCN’s story is becoming well documented. Within the last 12 months, six academy players have received a call up for international duty, and since the Right To Dream acquisition in 2015, 58 academy players have received call ups to national youth teams (49 boys and 12 girls).

FCN has also generated transfer fees in excess of €65m, the majority of which being players who progressed through from the academies, over the last five years, and has coaches such as Michael Essien emerging. With Jan Laursen at the helm, stepping up to the role of Club Chairman as part of the new partnership, FCN is on track for even greater things.

Right To Dream is working towards a different future for global football. “We believe there can be a greater purpose-driven model in football where clubs take an active role in social change, rather than leaning on individual athlete-driven social consciousness. Our academies do exactly that and once Egypt is firmly established, we’ll set our sights on the UK. With our partners and our strong experienced team, we are hungry to do more for the growing elite sporting talent and educational achievements of children coming through our academies, to help them achieve their dreams”, concluded Vernon.


Press Release

Integrated Diagnostics Holdings and Man Capitalpartner with the International Finance Corporation to invest in Nigeria’s Echo-Scan

  • Dynasty Group Holdings is a joint venture between Integrated Diagnostics Holdings and Man Capital LLP
  • Dynasty and the International Finance Corporation (“IFC”) have committed to invest significant capital in the business over the next four years
  • The strategy is to build a world-class integrated diagnostics business and vastly enhance Nigeria’s healthcare offering

Integrated Diagnostics Holdings (“IDH”), IDHC on the London Stock Exchange, the largest fully integrated private-sector provider of medical diagnostics services in Egypt, Jordan and Sudan, and Man Capital LLP (“Man Capital”), the investment arm of the Mansour Group, announced today their first investment in Nigeria’s promising healthcare industry.

The investment will see Dynasty Group (“Dynasty”), a joint venture that is 51% owned by IDH, partner with the International Finance Corporation (“IFC”), a member of the World Bank Group, to invest in Eagle Eye Echo-Scan Services Limited (“Echo-Scan”), a leading medical diagnostics business based in Nigeria.

The transaction will see Dynasty acquire a majority stake in Echo-Scan and assume management control of the company, while both Dynasty and the IFC will invest USD 25 million to expand Echo-Scan’s nationwide service offering, footprint, and quality standards. Over the coming year, Echo-Scan will refurbish and upgrade existing locations as well as significantly augment its number of branches.

Echo-Scan’s growing network of medical diagnostic laboratories is currently spread across twelve locations in six states. The investment from Dynasty and the IFC will help bring best-in-class medical diagnostic practices and technology to Nigeria, ensuring Echo-Scan delivers global-standard pathology and radiology services across Nigeria.

Dynasty will help service the significant demand for healthcare equipment and services in Nigeria, which is driven by increasing urbanisation and evolution of disease patterns in Africa’s most populous country. The Group will call on IDH’s more than four decades of experience in Africa’s medical diagnostics industry as well as Man Capital’s resources and the network of the wider Mansour Group, with its decades-long presence in West Africa, to drive expansion, hiring and institutionalisation at Echo-Scan.

Dynasty’s strategy is to build a leading diagnostics platform across the Middle East and Africa.

Dr. Hend El Sherbini, Chief Executive Officer of Integrated Diagnostics, said: “We are exceptionally pleased to be adding Nigeria, the continent’s largest and most populous country, to our platform as our fourth country of operations. I can think of no better partner with whom to do this than Man Capital, which matches our more than four decades of operating experience in the industry with similarly long experience working on the ground in West Africa. Nigeria’s healthcare industry shares multiple similarities with Egypt’s in the 1980s and 1990s in terms of structure, pace of development and the emerging disease profile of patients. This is an environment in which we know how to operate: We have done it before in Egypt, Sudan and Jordan. Dynasty’s goal is to transform Echo-Scan into Nigeria’s market leader by establishing and growing a brand that will be equally attractive to walk-in patients, to insurers and to corporate clients.”

IDH operates 377 branches across Egypt, Sudan and Jordan and served 4.7 million patients in the first nine months of 2017 with a comprehensive range of medical diagnostic services. The company serves both individual “walk-in” patients and patients on corporate and insurance contracts.

Mohamed Mansour, Founder & Chairman of Man Capital LLP, said: “Whilst Nigeria’s healthcare industry has been on our radar for a long time, this deal represents our first foray into healthcare. With its decades of industry experience, IDH is the ideal partner with whom to capture this very compelling opportunity. Echo-Scan has a stellar reputation and will significantly benefit from Dynasty’s world-class expertise. For anyone ready to take a long-term investment view, the opportunity for growth and economies of scale are clear: With thousands of small clinics, hospitals, and diagnostic centres spread across 36 states, Nigeria’s healthcare market is extremely fragmented and poorly provided for. We are incredibly excited about working with our partners to create a leading integrated diagnostics platform both in Nigeria and, more broadly, across the Middle East and Africa.”

The Mansour Group and Man Capital have a significant presence in a dozen Sub-Saharan African countries, employing thousands of personnel and operating across multiple industries. The Group has maintained operations and investments in Nigeria for more than two decades and employs close to 1,000 people. Its investments span multiple industries across the entire country, including the heavy machinery, power, mining, oil and gas, telecoms infrastructure, real estate and logistics sectors.

Eme Essien Lore, IFC Country Manager for Nigeria, commented: “The IFC has always been a supporter of expanding healthcare services delivery in markets where it operates. Today, we are extending our partnership with Echo-Scan and Dynasty Group and allowing for increased access to diagnostic services across Nigeria. The transaction not only reinforces the IFC’s commitment to the healthcare sector, but also enables the transfer of international know-how and foreign direct investment into Nigeria.”

Dynasty Group was advised on the transaction by Stanbic Nigeria, UUBO Nigeria, KPMG Nigeria and Hogan Lovells.



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About Integrated Diagnostics Holdings
IDH is the largest fully integrated private-sector medical diagnostics services provider in Egypt, Jordan and Sudan, comprehensively offering pathology and molecular diagnostics, genetics testing and basic radiology. IDH’s core brands include Al Borg and Al Mokhtabar in Egypt, as well as Biolab (Jordan), Ultralab and Al Mokhtabar Sudan (both in Sudan). IDH is listed on the London Stock Exchange (ticker: IDHC) and was founded in 2012 by the merger of Al Borg and Al Mokhtabar, the most established diagnostics services brands in Egypt.

About Man Capital LLP
Man Capital is the Mansour Group’s investment arm and is headquartered in London. The Mansour Group is present in more than 100 countries, employs 60,000 people and has an annual turnover of more than US$ 6 billion.

About IFC
IFC, a member of the World Bank Group, is the largest global development institution focused on the private sector in emerging markets. Working with more than 2,000 businesses worldwide, we use our capital, expertise, and influence to create markets and opportunities in the toughest areas of the world. In FY17, we delivered a record $19.3 billion in long-term financing for developing countries, leveraging the power of the private sector to help end poverty and boost shared prosperity. For more information, visit

About Echo-Scan Limited
Echo-Scan is a network of medical diagnostic laboratories, providing radiology and pathology services, through more than a dozen branches distributed across Nigeria. Echo Scan has service locations in Kaduna, Abuja, Karu, Lagos, Asaba, Benin and Mararaba.


Press Release

Man Capital furthers its global expansion by opening an office in Washington D.C


Man Capital LLP, the investment arm of the Mansour Group, is pleased to announce the opening of its subsidiary in Washington D.C., thus broadening its global influence. Washington, D.C. is Man Capital’s second office and consolidates the Group’s growth in the US, as well as demonstrates its commitment to its American partners.

The US team will have the task of identifying and pursuing investment opportunities in the US.

The US is a core market for the Mansour Group, with investments in excess of $1 billion in a range of sectors in the last four years. The Group is the largest distributor of General Motors worldwide and ranks as one of the top 5 dealers for Caterpillar machinery.

Other notable investments include US-based Vanguard Logistics Services, the world’s leading freight consolidation services provider, and a real estate portfolio in Missouri of 1 million square feet of mixed use space.

Loutfy Mansour, CEO at Man Capital, said: “The Washington office is evidence of Man Capital’s desire to growing its business in new markets. We operate in high-risk territories with limited exposure to developed markets. This is the ideal time for us to increase our investments in the US. Both my father and I attended university in the US, so we feel very at home there. We are excited to increase our global presence, and opening an office here is an important step.”