In total, 36 cases were closed, including disputes before FIFA, conflicts with former players and coaches, as well as contract termination agreements. This crucial step now allows Raja to move forward on a clean slate.
A groundbreaking financial operation in Moroccan football
To achieve this, the club’s management resorted to a short-term spot loan of 35 million dirhams, a rarely used banking mechanism in Moroccan football. The exceptional loan, repayable in a single installment, was only approved thanks to the strategic partnership signed on August 2 with Marsa Maroc. The agreement secures a total of 150 million dirhams in funding over three seasons, including 80 million in the first year.
Under the new Raja SA structure, Marsa Maroc now holds 60 percent of the club’s capital through its subsidiary Ports4Impact, while the Raja Club Athletic Association retains 40 percent, contributing the club’s brand, contracts, and sporting heritage. This arrangement positions Marsa Maroc as the reference shareholder while keeping the Association actively involved in governance.
First steps of the transformation
The club statement outlined several priority measures already underway: the appointment of a sporting director to set a clear technical strategy, promotion of academy players, loan management for young talents, amicable terminations of non-essential contracts, and continued trust in the current coaching staff.
“We have turned a difficult page, but the most important work begins now,” said Jawad Ziyat, expressing the ambition to restore Raja to the top of national and continental football.
Awaiting regulatory approval
While this financial operation has lifted a major obstacle, Marsa Maroc’s effective entry into the club’s capital remains subject to approval by the Competition Council, expected in September. Until then, the club’s management has assured supporters that governance structures remain committed to preventing any future transfer bans.
By settling its debts, securing emergency financing, and launching an unprecedented structural overhaul, Raja has taken a decisive step forward. The challenge now lies in turning this rescue plan into a sustainable project worthy of its history and ambitions.
Editorial team/le7tv