Rabat – Maghreb de Fes is entering a new phase as B. Invest Holding SARL prepares to take joint control of the team’s sporting company.
The move signals a deeper restructuring effort aimed at stabilizing finances and modernizing governance.
On April 23, Morocco’s Competition Council confirmed it had received notification of an economic concentration project involving Maghreb Association Sportive Fes Football MAS SA.
The plan outlines joint control by the historic association, which has long managed the club, and B. Invest Holding, a private investment company.
The council classified the affected market as football club management, making clear this is not a sponsorship deal but a structural change in how the club is run.
Bouzoubaâ’s role
- B Invest Holding is linked to businessman Mohamed Bouzoubaâ, elected president of MAS Fes in August 2025.
His arrival raised hopes among supporters that new leadership could revive the club after years of instability.
The proposed investment is seen as a decisive step in Bouzoubaâ’s project to rebuild MAS Fes both financially and competitively. The plan is to give the club stronger foundations to compete in Botola Pro.
MAS Fes has a proud history and a passionate fan base, but financial inconsistency has often held the team back.
Private investment could provide more reliable planning, better recruitment, and stronger administration.
The model of joint control means the historic association will remain involved, preserving the club’s identity, while B. Invest Holding brings capital and professional management.
This balance may reassure fans who want modernization without losing tradition.
Wider shift in Moroccan football
The project shows a broader trend in Moroccan football. Clubs are being pushed toward professional structures, with sporting companies expected to handle daily operations.
Private investors are becoming key partners in this transformation, helping reduce reliance on short‑term funding and political support.
MAS Fes is not alone in this shift. Moroccan football has been moving gradually toward sporting companies and private-capital structures, especially among major Botola clubs.
Raja Casablanca recently opened the way for an institutional investor to enter the capital of its sporting company, with reports citing a 60% share for the investor and 40% for the Raja association.
Wydad Casablanca had already created its sporting company in 2018, with a capital of MAD 10 million ($1 million), while more recent reports said the club was preparing a new capital structure.

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