Ethiopian club Kidus Giorgis and Madrid based football management firm SOXNA Football Center have signed a Memorandum of Understanding for the operation of the newly built Yidnekachew Tessema Football Academy in Bishoftu, 42 KMs east of the capital Addis Ababa, on an event organized at Sheraton Addis, Thursday September 21.
Kidus Giorgis SA, SOXNA and a Spanish investment consultancy company named E for E signed the deal to handle the Academy for the next five years. The Sport Association have been in a quest to find an European partner to guide their new Academy long ago. At the signing ceremony, Kidus Giorgis’s board president Abenet GebreMeskel stated it had been vision of the club to own a youth academy. “It has always been our dream to establish a youth academy to the oldest club in Ethiopia which we celebrated our 80th anniversary just last year. Tonight is a very historical evening for Kidus Giorgis to sign this agreement with SOXNA to manage our facility which is an important investment for the future of Ethiopian youth. This is also an extension of our strong relationship between Spain and Ethiopia.”
Read more at: Soccer Ethiopia