Olympic Sports Founder Seeks EGP 36 Million for 20% Stake on Shark Tank
Ziad El-Bassiouni, founder and chief executive of sports club company Olympic Sports, sought an investment of EGP 36 million during his appearance on Shark Tank.
In exchange for the funding, El-Bassiouni offered investors a 20% stake in the company. The proposal would give a participating investor a minority shareholding in the business.
El-Bassiouni presented the offer in his capacity as both the company’s founder and CEO, putting Olympic Sports forward for investment on the programme.
The available details establish the terms of his request but do not indicate whether any investor accepted the offer or whether a deal was reached.
This is an automated summary from the available headline and excerpt, not the full story or a claim of human review.
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