Podcast in English
Text size
Bulgarian National Radio © 2023 All Rights Reserved

"Sport Republic" will not be buying "Levski" PFC

Photo: marca.com

The deal to acquire the "Levski" football club has failed, Serbian businessman and owner of "Sport Republic" Dragan Solak reported. Negotiations began in the autumn of 2022. In December, Solak was already considered the future owner of the club and all that remained was to arrange the concession for the club's stadium.

"Unfortunately, some liabilities accumulated over the last decade turned out to be an insurmountable obstacle to the implementation of the transaction", the management of "Levski" announced.

The failed deal calls into question the future of the club, which owes 8.5 million euros to businessman Vasil Bozhkov, currently hiding in Dubai, and 10 million euros to the state for unpaid taxes.

Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Plamena Mitkova

Plamena Mitkova earns bronze medal at the GBL Jump Fest in Slovakia

U20 women’s long jump world champion  Plamena Mitkova , who was named Bulgarian Athlete of the Year 2022, finished third at the GB L Jump Fest street athletic show in Kosice, Slovakia. Mitkova jumped 6.44 meters (-0.2 m/s).  Keturah Orji..

published on 6/9/23 5:29 PM

"Ludogorets" wins its 12th championship title of Bulgaria

The football players of "Ludogorets" /Razgrad/ won the championship title of Bulgaria for a 12th time. In Varna, they won 0:1 as guests to “Cherno more” with a goal in the 50th minute. At the same time, CSKA-Sofia won 2:0 against..

published on 6/8/23 2:59 PM

Iliyan Radulov with his first victory among the juniors at Roland Garros

Bulgarian junior tennis player Iliyan Radulov has started with a victory in the French Open. The 5th-seeded tennis player qualified for the second round after defeating Russian Danil Panarin 6:7(4), 6:4, 6:1.  Yesterday Radulov trained together with..

published on 6/5/23 3:57 PM