Right to Dream is exploring opportunities to build an academy in England following a $120 million investment from the Mansour Group.
The majority stake purchased by the Egyptian organisation, which is owned by Africa's seventh richest person, Mohamed Mansour, will see Right to Dream invest in the opening of an academy in Egypt, enhanced operations in its founding academy in Ghana, as well as at Danish outfit FC Nordsjaelland and opportunities within the UK.
The Right to Dream academy was first formed in 1999 by former Manchester United scout, Tom Vernon. The academy was based in Ghana and has expanded since then in the aforementioned regions. Since then, the academy has produced 20 Ghana international players.
The Mansour Group reported revenues in excess of $7.5 billion in 2018, having dealt in automotive, energy, finance and food as part of its organisation. The group has created a separate entity, called ManSports, to oversee its venture into the sporting landscape.
"ManSports … will now focus on establishing a Right To Dream academy in Egypt, and furthering the activities of the Right To Dream academy in Ghana, the FC Nordsjaelland club and academy in Denmark," a statement said.
Having assumed a majority control over the academy, Mansour will take up the chairman position, with Vernon operating as chief executive officer.
"Our partnership with Right To Dream is taking a strong African-born organisation, with values that align to our own, and sharing more of it with the world to change more people's lives," said Mohamed Mansour.
"Growing the next generation of Egyptian football talent with aspiring boys and girls, and supporting the growth of our women's team, is the most meaningful way for us to start investing in football."
"Our expansion into Egypt and Europe is further evidence that Ghana can export its football values and culture, not just its players."
Vernon added: "I am beyond delighted to welcome Mr Mohammed and Loutfy Mansour to the Right to Dream Family as our new majority shareholders in the Right to Dream Group.
"For two years we have planned the scaling of Right to Dream’s purpose driven approach to football and have now concluded a deal that will see a full scale Right to Dream constructed this year in Egypt including the establishment of a professional women’s team.
"We will enhance the fantastic work being done in FCN and RTD Ghana from both a facility and operational perspective. The final phase of our first five-year strategy is to bring Right to Dream football into the English market. "JFK said that 'victory has a thousand father’s but defeat is an orphan’. For me this is not true. Through a phenomenal 22 years I want to thank all staff and students who have never left me or Right to Dream on orphan."
Author: Jake Wilkin