"We can only pay an Egyptian coach EGP 100,000 per month, while our possible maximum monthly pay for a foreign tactician is $ 20,000," Ismaili board member Hamad Mousa told FilGoal.com.

"These numbers will oblige us to look for certain kind of tacticians but we have to adapt to the current circumstances."

Emad Soliman decided to step down from his role as Ismaili's boss nearly a week ago despite efforts from the board to keep him.

Beforehand, Soliman was given a vote of confidence by the Dervishes, following a fine campaign domestically and continentally last season.

However, the former Egypt international insisted to leave in order to look for a new challenge.