Raja Club Athletic has reached a major milestone in its transition toward a new business model. The Casablanca-based football club, now operating under the company Raja S.A., has officially completed a capital increase and finalized a key partnership with Ports4Impact, which now holds a 60% stake in the club’s capital. This move comes as part of a binding agreement signed on August 2, 2025, between the two parties.
The deal was executed through a reserved capital increase totaling 150 million dirhams, fully subscribed by Ports4Impact. So far, 80 million dirhams have already been injected into the club. This development follows the finalization of Raja Club Athletic’s asset contribution—a pivotal step in the club’s evolution into a public limited company. As a result, Raja S.A.’s share capital now stands at 250 million dirhams.
This marks a defining chapter in the club’s transformation. More than just a financial move, it reflects a long-term strategy to reshape Raja’s economic structure and secure a stable, professional foundation for the future. With this deal, Raja S.A. becomes the first sports corporation in Morocco to reach such a high level of capitalization and organizational maturity, setting a new benchmark for professional sports management in the country.
