Post by QPR Report on Nov 25, 2008 9:17:58 GMT
[CKSA Sofia are owned by Pramod Mittal who is selling up. Pramod Mittal is the younger brother of Lakshmi Mittal.]
www.qpr.premiumtv.co.uk/page/NewsDetail/0,,10373~1464934,00.html
CSKA Sofia football club to have new owner by Christmas
24 Nov 2008 - Petar Kostadinov
Bulgaria's reigning football champions CSKA Sofia will have a new owner by the end of the year, club president Alexander Tomov told a November 24 2008 news conference.
Four foreign companies have shown interest in buying the club - two from the European Union, one from the Middle East and one from Russia, according to Tomov, as quoted by Bulgarian news agency BTA. Not a single Bulgarian company has shown interest in owning the most successful Bulgarian football club with a record 31 domestic titles.
The deal to sell the club would be sealed by Christmas, Tomov said, ruling out any chance he would be buying them. “CSKA's shares are owned by [Indian tycoon Pramod] Mittal and I personally have no interest in buying them,” Tomov said. “I want to say that I would not get a commission from the deal,” he added.
In 2006, Mittal bought the club for 15 million euro from Bulgaria's richest man Vassil Bozhkov. The club was part of Mittal's investment policy in Bulgaria, which included buying the country biggest steel plant Kremikovtzi, which is now insolvent and faces closure.
Tomov was made executive director of both the steelworks and the club. He left the first position earlier in the year, when his conflics with Mittal made his position untenable, but remained at the helm of the club, which Mittal has been rumoured to be interested in selling since 2007. Over the last year, CSKA had not received any kind of financing from Mittal, Tomov said.
Despite winning the championship, CSKA was denied an international license to play in Uefa's tournaments this year after the Bulgarian Football Union (BFU) stripped the club of its licence over millions of leva in debts owned to the state.
In the end, the club was allowed to play in Bulgarian championship but missed the opportunity to play in Europe, which forced it to sell half of its football stars and part ways with head coach Stoicho Mladenov.
Despite the off-the-pitch distraction, CSKA is currently leading the championship table, one point ahead of arch-rivals Levski Sofia. Tomov, who CSKA fans blame for the club's recent troubles, has always claimed that the club was a victim of conspiracy and filed a claim against BFU's licence-stripping decision in the Court of Arbitration for Sport in Lausanne.
www.sofiaecho.com/article/cska-sofia-football-club-to-have-new-owner-by-christmas/id_33166/catid_71
www.qpr.premiumtv.co.uk/page/NewsDetail/0,,10373~1464934,00.html
CSKA Sofia football club to have new owner by Christmas
24 Nov 2008 - Petar Kostadinov
Bulgaria's reigning football champions CSKA Sofia will have a new owner by the end of the year, club president Alexander Tomov told a November 24 2008 news conference.
Four foreign companies have shown interest in buying the club - two from the European Union, one from the Middle East and one from Russia, according to Tomov, as quoted by Bulgarian news agency BTA. Not a single Bulgarian company has shown interest in owning the most successful Bulgarian football club with a record 31 domestic titles.
The deal to sell the club would be sealed by Christmas, Tomov said, ruling out any chance he would be buying them. “CSKA's shares are owned by [Indian tycoon Pramod] Mittal and I personally have no interest in buying them,” Tomov said. “I want to say that I would not get a commission from the deal,” he added.
In 2006, Mittal bought the club for 15 million euro from Bulgaria's richest man Vassil Bozhkov. The club was part of Mittal's investment policy in Bulgaria, which included buying the country biggest steel plant Kremikovtzi, which is now insolvent and faces closure.
Tomov was made executive director of both the steelworks and the club. He left the first position earlier in the year, when his conflics with Mittal made his position untenable, but remained at the helm of the club, which Mittal has been rumoured to be interested in selling since 2007. Over the last year, CSKA had not received any kind of financing from Mittal, Tomov said.
Despite winning the championship, CSKA was denied an international license to play in Uefa's tournaments this year after the Bulgarian Football Union (BFU) stripped the club of its licence over millions of leva in debts owned to the state.
In the end, the club was allowed to play in Bulgarian championship but missed the opportunity to play in Europe, which forced it to sell half of its football stars and part ways with head coach Stoicho Mladenov.
Despite the off-the-pitch distraction, CSKA is currently leading the championship table, one point ahead of arch-rivals Levski Sofia. Tomov, who CSKA fans blame for the club's recent troubles, has always claimed that the club was a victim of conspiracy and filed a claim against BFU's licence-stripping decision in the Court of Arbitration for Sport in Lausanne.
www.sofiaecho.com/article/cska-sofia-football-club-to-have-new-owner-by-christmas/id_33166/catid_71
