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Wydad 'Wary' Of Finances After Lorch Deal

Wydad 'Wary' Of Finances After Lorch Deal

Wydad Athletic Club chiefs are reportedly worried about the amount that president Hicham Ait Menna has been spending on transfers.

Wydad Athletic Club executives are reportedly worried about the team's finances amid the club's recent transfer expenditure.

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Since Rulani Mokwena assumed responsibility for the record Moroccan champions, the Red Castle have been extremely active in the transfer market.

During the off-season window, the North African giants signed at least 14 players, and following the acquisition of Thembinkosi Lorch this mid-season, they have signed six more in January.

According to transfermarkt, the club has signed 31 players in this campaign.

Mokwena was appointed by the then-interim president, Hicham Aït Menna, who would later become officially elected. According to Le 360 Sport, the club's spending has been a cause for concern for many of its officials.

It is understood that they're worried that under Aït Menna, Wydad has been spending excessively and could soon find themselves in debt, potentially leading to another FIFA-imposed transfer ban.

It has been alleged that each club participating in the FIFA Club World Cup will receive $50 million (R945 million) for their participation in the tournament. However, the same report claims that the executives at the Stade Mohamed V are worried that this amount may be lower than originally stated.

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It has been alleged that the club's president had promised to pay the players' dues out of his own pocket, but it is still unclear whether this has been the case or if players have been paid from the club's reserves.

 

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