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The partnership comes in compliance with Law 30-09 on the transformation of clubs into sports companies. Marsa Maroc, through its CSR association Ports 4Impact, will acquire a 60% stake in Raja SA with an investment of MAD 150 million (USD 15 million) spread over 3 years.
Raja Club Athletic of Morocco has signed a landmark partnership with Marsa Maroc on Saturday, at a ceremony held at Raja’s academy in Bouskoura. It marked the historic transformation of the Casablanca club into a sports company, “Raja SA,” created in 2019 but inactive.
The partnership comes in compliance with Law 30-09 on the transformation of clubs into sports companies. Marsa Maroc, through its CSR association Ports 4Impact, will acquire a 60% stake in Raja SA with an investment of MAD 150 million (USD 15 million) spread over 3 years.
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The Raja association will retain 40% by transferring assets worth MAD 100 million (USD 10 million), including brand rights and player contracts. The total valuation of the club reaches MAD 510 million (USD 51 million), with only MAD 100 million (USD 10 million) being transferred to the company. Though valued as part of this arrangement, the academy will remain the property of the association under a usage agreement.
