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Mohamed Mansour awarded a knighthood

March 28th, 2024

We are extremely proud to announce that a knighthood has been conferred on our Chairman, Sir Mohamed Mansour. The award has been made in recognition of Sir Mohamed’s contribution to business, charity and political service.

Sir Mohamed said: “This award is the greatest honour of my life. I am thrilled and hugely grateful.”

Sir Mohamed is of course a very distinguished entrepreneur and philanthropist. He is the Chairman of Man Capital LLP, a London based family office investment firm that provides long-term capital and strategic support to companies and organisations in a range of sectors globally. He is also the Chairman of Mansour Group, a global conglomerate that operates across many sectors and markets including automotive, industrial equipment, sports, capital markets, consumer and retail, technology, logistics and services.

His late father, Mr Loutfy Mansour, who studied at Cambridge University in the 1930s before developing a successful cotton trading business in Egypt after the Second World War, instilled in the young Mohamed a commitment to hard work, philanthropy and service.

“This award would have meant so much to my father and mother. I wish they could have lived to see this day. This honour is for them, for the values they taught my siblings and I and for everything they did for us,” Sir Mohamed added.

The knighthood, which will be formally presented to Sir Mohamed in an investiture ceremony at a later date, is the third significant honour that he has received in recent years. In October 2023, he was awarded the Order of the Star of Italy, one of Italy’s highest honours, by the Italian President, Sergio Matterella. In May 2022, he was given an honorary doctorate by his alma mater, North Carolina State University.

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

20/01/2021
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.

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Mansour Group Backs Community Project at Ancient Site in Egypt

07/12/2020
Cairo, Egypt

The Mansour Group is delighted to announce the completion of a community centre for the Bedouin people and other residents of Saint Catherine, a UNESCO World Heritage Site in Egypt.

The Wadi Gharba Community Centre, located 30 minutes’ drive from Mount Sinai in Saint Catherine’s protectorate, was developed by the Mansour Group in partnership with Hand Over, a local design and build company, and Catherine Exists, a community development initiative.

The project aims to support and empower the local community by providing space for all ages of the community to interact and learn. The centre will host classes run by volunteers and will pursue income-generating activities for the local community. The centre will also provide facilities for travellers to stay and learn about the local culture, attend classes conducted by locals and volunteer in the local community activities.  Volunteers and guests will have the opportunity to learn traditional Bedouin craftmanship from older members of the community and ensure that these ancient skills are passed down to future generations. The centre already provides vital medical services to residents of Saint Catherine.

The centre builds on the project’s first phase, which saw the construction of a clinic and a gallery in 2018.

Mr Youssef Mansour, Co-Chair of the Mansour Group, said: “We are very grateful for the opportunity to support this hugely important development and improve the lives of the people of St Catherine, an area blessed by its history, religion and culture that should be protected and preserved. We hope that the centre will continue to educate and support the local community for generations to come.”

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Mohamed Mansour Issues Warning About ‘Distorted’ Stock Markets

22/09/2020

Stock valuations have been inflated by Central Bank interventions and public sector stimulus programmes and in general are not reflecting the true scale and impact of the Covid-19 crisis, according to Mr. Mohamed Mansour, Co-Chair of the Mansour Group, the global conglomerate. 

In an interview for the Mansour Group’s podcast series, the Mansour Voice, Mr Mansour said that stock market rises could give investors a misleading impression of how the global economy was fundamentally performing.

“The S&P 500 has hit a new peak despite the poor health of corporate America. The Nasdaq is performing just as strongly in 2020 as it did in 2019, and there seems little end in sight for that particular bull market. This is all occurring of course at a time when tens of millions are unemployed in America and Europe and during an unprecedented downturn,” he said,

“Of course, Central Bank interventions are a major factor, and as we know from past crises, can have a distorting effect on these things that can take a long time to unwind or be corrected.”

Mr Mansour, who was an early-stage investor in technology companies like Facebook and Spotify, revealed in the interview that he has divested many of his equity positions and currently is holding only a small number of large tech stocks.  But he remains bullish about the IT sector generally and continues to invest in start-ups through his California-based venture capital firm, 1984 Ventures, and the Mansour Group’s family office investment business, Man Capital.

He added: “There are some other notable areas of risk and uncertainty. In the US, the presidential election will have a huge impact on global trade as well as issues relating to climate change.  In the UK, it’s a smaller issue but Brexit will have potentially negative impacts for the British and European economies at a time when the region is already struggling to recover from the pandemic. And this is even before we consider the risk of a second global wave before a vaccine can be found and rolled out. So there are big challenges in play.” 

At the same time, Mr Mansour emphasised in the interview the strong performance that a number of units of the Mansour Group are reporting for 2020 to date, including its businesses in the automotive and heavy equipment and machinery sectors, Al-Mansour Automotive and Mantrac respectively.

The Mansour Group is a global, family-owned conglomerate with over 60,000 employees, a presence in more than 100 countries and total revenues exceeding $7.5 billion. Its businesses operate across a large range of sectors including automotive, banking, consumer goods, education, healthcare, machinery & equipment, media, oil & gas, real estate, technology, and transport and logistics.

The Mansour Voice podcast is available to download from the Mansour Group website as well as Spotify, Apple and other podcast platforms.