loutfy mansour wife

Motors, Caterpillar, McDonalds, Mansour After Cambridge, he returned to Egypt, held various government positions, including Under-Secretary for The Ministry of Agriculture, specialising in the export of Egyptian cotton. The comments below have not been moderated. Deepening an already extensive and long-term partnership, General Motors acquired a stake in Al-Mansour Automotive. Loutfy died aged 67 after a brain haemorrhage. According to the Telegraph, Egyptian billionaire Loutfy Mansour is among the interested investors as hes currently preparing a bid to buy the club. Yasseen is the co-founder and an active member of the Lead Foundation. All Rights Reserved. in technology Facebook, Twitter, Uber, Spotify, Airbnb and Didi to name a Loutfy Mansour moved to Geneva, Switzerland to set up a cotton brokerage. officially announced that he will be selling the club, Salah: New players need time to adapt to Liverpool system, Kendouci opens scoring account as Al Ahly cruise past Coton Sport, TENNIS: Mayar Sherif exits Monterrey Open in quarter-finals, Ipswich goalkeeper Christian Walton praises great leader Sam Morsy, Mohamed Salah, Rui Vitorias FIFA The Best award votes revealed, Mohamed Salahs FIFA Best Mens Player ranking revealed, Nassef Sawiris to purchase 46 percent of Vitria SC, OFFICIAL: Saudi Arabia to host 2023 FIFA Club World Cup, CAF choose Angolan referee to officiate Al Ahly vs Al-Merrikh clash, Osama Nabih proud of his players after Zamalek last-minute victory over Future, Former Al Ahlys Adel Abdel-Rahman: Mamelodi Sundowns are a good team but not intimidating, Koller rues missed chances, defends Hany after Sundowns draw, Omar Marmoush to join Eintracht Frankfurt on free transfer Report. In 1964, the Egyptian President Nasser and his government nationalised the major industries including cotton. ,Sitemap. He also switched his university major to mechanical engineering/textiles given his fathers business interests. Man Capital invests in 100m football partnership with Right To Dream, Mansour Group Backs Community Project at Ancient Site in Egypt, The much-awaited newest MG member, the HS, is finally in Egypt, Mohamed Mansour Issues Warning About Distorted Stock Markets. APPOINTED DEALER FOR GM PRODUCTS (SUP) IN EGYPT. The Mansour operations span internationally across several major industrial sectors Dedication to. Man Capital invests in 100m football partnership with Right To Dream. One thing I can tell you about the Mansours is that we value our name and were fighters, he says. He obtained a also invested in Education, Health Care, Oil & Gas, Telecommunication Mansour Automotive is a leading Egyptian and regional automotive distributor established in 1975 by the late Mr. Loutfy Mansour. Group is the exclusive distributor or partner of major brands such as General ACHIEVED MARKET LEADERSHIP IN AUTOMOTIVE INDUSTRY. 'Ineos has always tried to take a sensible approach. Sir Jim, founder and boss of chemical giant Ineos, is a football obsessive who recently attracted controversy by his decision to abandon Britain for the tax haven of Monaco. Mansour established General Motors dealerships in Egypt in 1975, later becoming one of GMs biggest distributors worldwide. She is the wife of James F. Sams who served on the CCAS Board from the Fall of 2000 until his death in December 2005. Man Cap was founded in 2010, before the Egyptian Revolution. Net Worth 2021: $2.5 B. What are the main benefits of having another shot creator and off-ball spacer of Durant's caliber? Sierra Leone, Tanzania, Kenya and Uganda, Russia and Iraq and is the 5th The Mansour Foundation for Development (MFD) was founded to support and development programmes to empower people in Egypt. network in Egypt, Iraq, Libya & 13 countries in Sub Sahara Africa. His eldest brother Ismail Mansour died in 1997. APPOINTED EXCLUSIVE DISTRIBUTOR BY GM/GM EGYPT. The aim is to make just one or two acquisitions a year. "That's when I developed in me that I had to do something in my life," he tells The National. California with offices in over 106 countries around the World. Your email address will not be published. Officials say Osama Mansour, 42, was killed and his wife sustained bullet fragment wounds after being shot in their car. for excellence and strong business drive across all facets of the business has Boehly, who bought a 27% stake in the LA Lakers last year, has spoken of his admiration for the Premier League. SOR /2011-78. Jobs Number of Past Jobs 1 Loutfy Mansour has had 1 past job as the Founder at Mansour Group. Appointed Peugeot exclusive distributor for Egypt MANSCO Automotive. 'For the British people's sake, I hope that there will be another vote when all the facts are on the table,' he said. Loutfy Mansour attended St. John's College, Cambridge. However, the Russian's time with the Blues [] Today, he says he is still motivated by the same thing he was as a young man the family legacy. They are not spoilt; they are hardworking and down to earth. also served on the George Washington School of Business Advisory Board and the loutfy mansour wife. The NC State class of 2022 will celebrate their academic achievements during the spring commencement ceremony at PNC Arena on Saturday, May 7, at 9 a.m. NC State alumnus Mohamed L. Mansour, an internationally distinguished . Mansour Group began as a cotton business founded in 1952 by Mansour's grandfather, also called Loutfy - who was one of the first Egyptians to graduate from Cambridge. Mansour was born in Egypt on 23rd January 1948. In 2017 Mansour Automotive extended its lineup of its passenger cars, becoming the exclusive distributor of MG and Peugeot in Egypt. Who We Are Mohamed Mansour receives honorary doctorate from North Carolina State University Mohamed Mansour receives honorary doctorate from North Carolina State University Press Release Global Rank #: #1249. The group is looking at the education, healthcare and food and beverage sectors, keen to identify successful businesses that it can introduce to the markets in which it has a strong presence. It is the largest General Motors dealer in the world, and the fifth largest distributor of Caterpillar Inc. products globally. General Motors appointed Al Mansour Automotive as its official dealer in Libya. We try to buy and build companies, he says, over a long time frame. Mohamed Mansour oversees family conglomerate Mansour Group, which was founded by his father Loutfy (d. 1976) in 1952 and has 60,000 employees. The group as a whole now has more than 60,000 employees in some 120 countries around the world. He has also served as the Rawya Mansour is the Founder and Chairwoman of RAMSCO Trade and Distribution, which she created in Egypt in 2007. Charity Auctions Today, While the first lockdown was harder because of the uncertainty over when it would end, he passed that summer on his yacht, boarding in Italy for a tour of the Mediterranean. Mohamed Mansour oversees family conglomerate Mansour Group, which was founded by his father Loutfy (D.1976) in 1952 and has 60,000 employees. General Motors distributor in the world (outside of China) with distribution He laughs at the reminder, admitting that he has come to enjoy the yacht more because it has everything he needs: communications, a gym, healthy food. He holds the position of chief executive of Man Capital, a section of his family's enterprise, the Mansour Group. General Motors appointed Al Mansour Automotive as its official dealer in Iraq. is the Founder and Chairman of the Lead Foundation, a non-profit organisation Loutfy Mansour's first business venture, in 1952, was a cotton export company; it has evolved into the 60,000-employee, $6 billion Mansour Group, the world's largest distributor of GM vehicles. It was founded in 1952 by Mohammed's father Lofty. environments resulted in the group investing ahead of time in the advanced SAP MAC Egypt achieved record sales of 70,257 units (Record year for Commercial vehicles, sales 41,374 units). You can say it's worth three, four billion but no one has ever paid those sums. Beta V.1.0 - Powered by automated translation, If you get burnt from the soup, you blow on the yoghurt, When things get tough we work, work, work to maintain the family name, Leap of faith: Asma Elbadawi shows that Muslim women can jump, Shifting identity: Omar Al Qattan on making movies and promoting Arab culture, Something in the water: the compelling tale of London's oldest Arabic bookstore. OPEL ASTRA NUMBER 1 IMPORTED PRODUCT IN EGYPT 2,824 UNITS. 1968 and a Masters Degree in Business Administration from Auburn University, The western world is quite close to us, Mansour says. Wyss (left) and his daughter Amy attend a Synthes general shareholders meeting in Switzerland on April 28, 2011. Loutfy Mansour died in 1976 and left his business empire to his four sons, Ismail, Youssef, Mohamed and Yasseen, and his daughter, Rawya. He said, Son, learn how to communicate and learn how to understand the Western mentality, and this was very important because I think its made us be what we are today.. . The Mansour Group is a global, family-owned conglomerate The Mansour Group was founded more than 60 years ago and now has over 60,000 employees, a presence in more than 100 countries and total revenues exceeding $7.5 billion. Loutfy died aged 67 after a brain haemorrhage. www.ft.com. Your email address will not be published. With two of his brothers studying nearby, he quickly slotted into college life, joining a fraternity. and can be summarised into six main business divisions: automotive, capital markets, With over 60 years of experience, we have developed a global presence across a diverse range of industries. Mansour was linked with taking over the club following . He is the Founder and Chairman of Mansour Automotive Company, one of the worlds leading General Motors distributors, and Mantrac Group and Unatrac, distributors of Caterpillar machines. Mohamed Mansour oversees family conglomerate Mansour Group, which was founded by his father Loutfy (D.1976) in 1952 and has 60,000 employees. Mohamed Mansour oversees family conglomerate Mansour Group, which was founded by his father Loutfy in 1952 and has 60,000 employees. Born in 1909 in Egypt, Loutfy Mansour founded and began building the family business empire. He is a former member of the It feels like an important aphorism to him, as though he has said it many times over the years. Yasseen Mansour. network in Egypt, Iraq, Libya & 13 countries in Sub Sahara Africa. The views expressed in the contents above are those of our users and do not necessarily reflect the views of MailOnline. 14. resulted in Mansour Chevrolet being the market leader in Egypt since its My father was sitting on the balcony, and I was worried about going to another part of the world, Mr Mansour says. His core belief is that the essence of any successful company is the people, and this is where all his real investments take root: his employees. This company quickly became a very successful cotton exporting enterprise and gained international acclaim. Perhaps the least known of any of Chelsea's potential future owners, Mr Mansour is the Egyptian chief executive of Man Capital, the investment arm of his family's business. In 2008, he donated 93.9m ($125m) to Harvard University, in what was then the largest donation in its history. Its Mantrac Group is one of the world's largest Caterpillar dealers, with operations in 12 countries . Among those who have already expressed interest in Chelsea is Swiss philanthropistHansjorg Wyss, who is tabling a bid with American investorTodd Boehly, the co-owner of the Los Angeles Dodgers and an avowed fan of Premier League football. It has also acquired the back catalogues of top music acts ranging from Bruce Springsteen to The Killers. USA in 1971. LoutfyMansour, named after his grandfather, now works in the family company but Mohamed has no plans of standing down: 'My dad didn't retire,' he says. largest Caterpillar dealer in the world. Se erhvervsrelationer, ejerskaber og roller i bestyrelser, direktioner, som stifter m.m. His foresight in understanding changing business and operating inception and selling a record 94,022 units in 2010 making it the single The new firm connected cotton traders in Sudan with international buyers. He graduated with a BA in Finance in 1996 from the College of William & Mary - a public university founded by British royalty in 1693 - before studying at the London School of Economics and going onto his first job at CitiBank. Family matters to Loutfy Mansour. Learn how your comment data is processed. Mantrac Group became the sole authorised dealer of Caterpillar products in Liberia. The US is still an attractive market there for us, and we have a lot of affinities there. In 2010, he was appointed BoD You guys have to take care of yourselves. So that's what we did, he says. The name is essentially the brand and it has to remain squeaky clean. The country's leadership set this year's economic growth target at around 5%, a target more modest than some had previously projected as policymakers take into account a wide range of difficulties besetting the worlds second-largest economy. 'Its in our DNA, for all of us.' In 2020, he was slammed for following a raft of rich Britons including Topshop boss Phillip Green and his wife Tina in relocating from the UKtoMonaco where he is expected to save an estimated 4billion in tax. Egyptian businessman and Chelsea season ticket holder Loutfy Mansour has pulled out of the running to buy the Blues from Roman Abramovich. Is that because they find the situation in their homeland untenable? Last year, watchdog groupAmericans for Public Trust called for a federal investigation into the Hub Project over claims it wasnot officially registered as a political committee and avoided oversight. My father didn't retire. banks Global International Advisory Board (IAB). He is also a member of the MAC Automotive Group Board of Directors. numerous advanced management courses, at the international educational The business that Loutfy Mansour founded passed to his children sons Ismail, Youssef, Mohamed, Yasseen and daughter Rawya following his passing in 1976. Mansour established General Motors dealerships in Egypt in 1975, later becoming one of GM's biggest distributors worldwide. You name it, Ive watched it, he says. After Cambridge, he returned to Egypt, held various government positions, including Under-Secretary for The Ministry of Agriculture, specialising in the . Appointed MG exclusive distributor for Egypt. Coming from a renowned entrepreneurial family in Egypt, Yasseen Mansour is a savvy businessman whose net worth is estimated at $1.1 billion. He was also mandated with the launch of both Ghana and Uganda businesses simultaneously in 2013 as part of the groups expansion strategy in Africa, making both businesses operational in record time and with a strong foundation. the Automotive Group established a clear vision and mission to deliver world Tenant Screening. BusinessmensAssociation. Forbes considers Wyss as 'among the most philanthropic people in the world', and he hasdonated hundreds of millions of dollars to environmental charities and universities. The Swiss billionaire - who is preparing a joint bid with Boehly - is considered one of the world's most generous philanthropists after amassing a fortune selling medical devices. Swiss billionaire philanthropistHansjorg Wyss. Javed Afridi with Pakistan cricket captainAzhar Ali. If you dont think its your job to think about security for your company, you are leaving your company exposed to risk. 'I was fascinated.'. multinationals in Egypt and the Gulf region for eight years. loutfy mansour wife. Al Mansour Automotive stays on top of the cars market in Egypt! MAC EGYPT ACHIEVED RECORD OPEL SALES 4,955 UNITS. At the heart of it all is family. [2] Early life [ edit] Mohamed Mansour was born into one of the most prominent business families in Alexandria. To be the leader in marketing and distribution of transportation products supported by world class services to our customers guided by our core values. In 2019, Wyss gave an interview toSwiss newspaper Neue Zrcher Zeitung, in which he slammed 'populist politicians' and appeared to call for a re-run of the 2016 Brexit referendum. In 1975, Loutfys business character and values of integrity, hard work and confidence inspired him to return to Egypt and branch out into a new industry. Under his leadership Mansour Automotive business has expanded exponentially in the last 4 years with new business being added to the group portfolio like Peugeot and MG Brand distribution in Egypt, Hero Motorcycles in Uganda, expansion of the distribution footprint in Sub Sahara Africa for GM & MG. It is a conscious decision to have the family name on the business, and it is a big deal. Sir Jim, who bought French club Nicefor 91m in 2019,has previously been linked to both Chelsea and Manchester United, but has never gone ahead with buying a Premier League club because he considers them too expensive. In total, FCN has generated. PURCHASED 10% OF MANSOUR JV AGREEMENT. Al Mansour partnered with BAT to distribute their extensive range of tobacco products in Egypt. How has the Suns' new starting group performed? Born in 1952, Sir Jim grew up in a council house on Dunkerley Avenue in Failsworth, a small town between Manchester and Oldham, before attendingBeverley Grammar School when his family moved to Yorkshire. Fiserv Locations In Chennai, Mohamed Yasseen Mansour net worth. My father always said: I wont leave you the biggest companies or the most money, but I will leave you the best name. You have to take care of that.. By revenue, it is the second largest enterprise in Egypt. Youre telling the doctors, No., I said, No, Mr Mansour recalls, with an edge to his voice, and I meant it.. Family Office / Private Equity firm established to oversee the Groups Mohamed Mansours father lost his wealth after a wave of socialist Arab nationalism swept Egypt and Sudan, now the billionaire talks to Forbes about how he rebuilt his family business. After Cambridge, he returned to Egypt, held various government positions, including Under-Secretary for The Ministry of Agriculture, specialising in the export of Egyptian cotton. 'Kids these days are fully aware of what's the best and the Premier League is the best. Prior to Tata Motors, he worked with General Motors since 1997 for 18 years in various capacities in India, Singapore, Shanghai and South Korea. [1] The business was nationalized by Gamel Nasser in the 1970s, forcing Mansour to Sudan and eventually Switzerland, where he continued to work in the cotton business. Mohamed lay there in plaster recuperating week after week from the horrific injuries inflicted by a car that hit him as a 10-year-old crossing the street. Copyright 2023 Mansour Group All Rights Reserved Towers, Real Estate, Technology and Services. UK-based Man Capital LLP, which is the investment arm of the Mansour Group, a family-owned global conglomerate, takes the controlling shares of the Academy through Man Country: Egypt. Mansour's father, the late Loutfy Mansour, a successful cotton exporter, had wanted him and his brothers to go to NC State University because it was then - and still is - renowned for its textiles programme. Mr Mansour looks back on the episode as an educational part of his life when his father taught him how to be a good entrepreneur and an honourable man. Please use the links below for donations: In 2020 the Mansour Group was selected people phone We dont have an exit strategy. Man Capital has Previously, several former Synthes executives were jailed after the firm's use of an untested medical procedure led to the deaths of three people. His son, Loutfy, attended Georgetown and heads the group's investment arm. Huarongs woes are a warning to lazy investors. He joined the Company in 1999 in the Parts Department and then subsequently gained experienced in Service & Marketing before taking a Managerial role as the Sales Manager for the Chevrolet and Opel Passenger Division. The evenings are now taken up by Netflix. Prendre Rdv Vaccin Covid, He admits missing both beloved parents to this day. People who love and respect you will do anything for you, I find, and vice versa, Mr Mansour says. personalising content and ads, providing social media features and to Loutfy Mansour died in 1976 and left his business empire to his four sons, Ismail, Youssef, Mohamed and Yasseen, and his daughter, Rawya. network that has remained loyal to the group and its represented brands I.e. At Man Capital, we have a history of building longterm relationships with our investee companies, business partners and other stakeholders. Demand from global markets such as the USA, the Soviet Union, China, Japan, the United Kingdom, and Europe established Egyptian cotton as a luxury good. Among the initiatives it supports, the MFD helps build schools, address illiteracy and boost educational opportunities for girls. In 1952, he created a successful business in cotton exporting, and Loutfy Mansour and Sons was established. Market high quality products backed by superior after sales support to achieve market leadership. as the number one family business in the Middle East. Now I really love it. Al Mansour Automotive stays on top of the cars market in Egypt! Prior to the assignment in Korea, he was head of GM Indias commercial operations and under his leadership sales reached their peak in 2010. Yasseen Mansour net worth as of this year is at $2.3 billion ranking him among African billionaires and also as an Egyptian billionaire. Discover Youssef Mansour's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Our employees, shareholders and business partners will share this success as well. Mantrac became the sole authorised dealer of Caterpillar products in Egypt. Who Loutfy is Mansour? You cant look at a spreadsheet and say this is how the business is going to grow, you have to understand the nuts and bolts of how the business works, and the managers.. Chairman of the Egypt-U.S. Business Council and was the President of the Afridi has also sponsored several cricket tournaments in Pakistan through a number of his business ventures. The US investment tycoon is a sports fanatic and former amateur wrestler who has repeatedly voiced interest in buying a Premier League club. As Mansour learned on all those summer jobs, the human side is important too. APPOINTED EXCLUSIVE OPEL SUP DISTRIBUTOR IN JULY. as well as a member of the Advisory Board of Bocconi University School of APPOINTED EXCLUSIVE DISTRIBUTOR FOR LIBYA MAC INTERNATIONAL. In 1968, the President of Sudan engaged Loutfy to upgrade his countrys cotton industry. But he was fired after just three days because his boss had seen his medical report and wasn't keen on him working there with mild eczema. Mansour remains sanguine about events, adding that whatever happens politically, the family is committed to the country. He was educated internationally and in 1933 was awarded a BA at St. John's College, Cambridge. Mohammed Mansour is the founder of the Mansour Group. This partnership was further cemented in 2001 when Mansour was appointed an exclusive GM distributor - a turning point in the history of the company. Should Manchester United be going after Mohammed Kudus over Harry Kane and Victor Osimhen? I knew if my father was watching he would be very proud for his son to be selected from 100 million people to help drive reform.. He is a former Egypt, which to date has granted 3.5 million loans. And he explained to The Times in 2019: 'Even though clubs have those valuations today, nobody has ever paid those amounts of money. In 1973, the new Egyptian government under President Sadat returned the cotton business and assets to the Mansour Family. We got a letter from our parents saying, We can't send you anything any more. Alvin Mansour leads a team of highly qualified professionals specializing in net-leased investment sales, sale-leaseback transactions, and portfolio dispositions nationwide. They are athletic, they are serious, not the Ferrari, Lamborghini types. It wasn't easy and we were learning as we went along, but it helped that we were US-educated and so we understood the mentality of the General Motors and the Caterpillars of this world.. Man Capital invested in the largest mobile telecommunications infrastructure provider in Africa, Europe and the Middle East, IHS. The soldiers signaled them to stop by flashing their car lights, Sumaya said, and the Mansours in fact stopped and turned off the engine. CourtesyMansourGroup. But Mr Mansours monthly allowance of $200 stopped overnight with the nationalisation. Loutfy Mansour - the rising son - FT.com . Eight oclock each evening brought with it a ritual that the young Mohamed Mansour looked forward to all day. Analysis, Productivity Management and Leadership. Sir Jim went on to work as a trainee accountant at a pharmaceuticals company before moving to Esso then Courtaulds. He only started his first business weeks before his 40th birthday and founded Ineos aged 45 in 1998. Engineering was a big thing. P.C. He passed away in 1997 and was succeeded by his brothers, sister and three children. Mansour Group is the exclusive distributor Origin of wealth: Diversified. Contact All American Speakers Bureau to book the best keynote speaker for your next live or virtual event. Mohamed Loutfy Mansour Biography Mohamed Mansour has led Mansour Group, together with his brothers, from one business breakthrough to the next. He admits missing both beloved parents to this day. Yassen is the fourth son in the Mansour Family. Mansour is another man mentioned as a conceivable proprietor of Abramovich's empire. Master of Business Administration, Auburn University; Bachelor of Science, North Carolina State University. Yasseen Mansour is a shareholder in family-owned conglomerate Mansour Group, which was founded by his father Loutfy (d.1976) in 1952. RomanAbramovich's dramatic confirmation that he wants to sell Chelsea FC has fired the starting gun on a billionaire bidding war for the West London club - with the stakes raised even furtherby the billionaire's reported intention to achieve a quick sale to dodge any possible sanctions. Georgetown University and is a member of Harvard Kennedy School Deans Council His experience includes all aspects of the Commercial side of the business, Corporate strategy, Manufacturing planning, etc. Mansour Group acquired Unatrac, Unilevers Caterpillar dealership in East and West Africa. Chairman of Crdit Agricole police officer relieved of duty. Mansour Group began as a cotton business founded in1952 by Mansour's grandfather, also called Loutfy - who was one of the first Egyptians to graduate from Cambridge. "I get one every Father's day and birthday, and things like that. In the UK, meanwhile, the highest tax rate is 45% on income above 150,000-a-year. The chief executive officer of Mantrac Group & Man Capital Loutfy Mansour is reportedly making a bid to take over European champions Chelsea. Mohamed Fayed has called himself "Al-Fayed" since the early 1970s, and his brothers Ali and Salah also styled themselves "Al-Fayed" at the time of their acquisition of the House of Fraser in the 1980s, though by the late 1980s Ali and Salah had reverted to calling themselves simply "Fayed". They did make mistakes in another difficult chapter, but he explains how they made it through with an unusual family idiom: If you get burnt by the soup, you blow on the yoghurt. Prudence became the Mansours watchword. 'There was some early exchange but we were a significant way apart on valuations,' Ratcliffe told BBC Five Live. Mansour's father lost his fortune when Egypt's then president, Gamal Abdel Nasser, expropriated his cotton trading company in 1964. She then founded the RAMSCO for Sustainable Agricultural Development in 2009, and in 2012, she established the Organic Agriculture for Social International Solidarity (OASIS) in the Principality of Monaco. Yasseen Mansour is a shareholder in family-owned conglomerate Mansour Group, which was founded by his father Loutfy (d.1976) in 1952. Certain members of the family are now based in London. that is abreast with the latest trends in retail and customer experience and He has been at the helm His core belief is that the essence of any successful company is the people, and this is where all his real investments take root: his employees. https://www.insidermonkey.com/blog/15-richest-people-in-africa The business flourished until it was nationalised by the then Egyptian president Gamal Abdel Nasser, forcing the original Loutfy to relocate to Sudan to work for a cotton family. His net worth has been reported as between 12 and 14bn. Mohamed Mansour took over Mansour Group, which was founded by his father Loutfy Mansour. He has attended Sector : Diversified. Bradford City Ebay Store, The billionaire was born in Bern on September 19, 1935, and raised in a small apartment with his two sisters. and has offices in over 100 countries. Egyptian businessman Loutfy Mansour has ruled himself out of the running to replace Roman Abramovich as Chelsea's owner, denying rumours of potential takeover bid. He holds a Modern

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