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

Григор Димитров

Grigor Dimitrov with a decisive victory over Andy Murray in the US Open

The best Bulgarian tennis player Grigor Dimitrov beat the Scottish veteran and former world No. 1 Andy Murray and with a decisive victory in three sets (6:3, 6:4, 6:1) qualified for the third round of the US Open Tennis Championship.  The next..

published on 9/1/23 10:20 AM

Czech rider Michal Schuran wins the Cycling Tour of Bulgaria

Czech cyclist Michal Schuran is the champion in the 70th edition of the International Cycling Tour of Bulgaria.   In the last, fifth, stage - 128.4 kilometers from Sliven to Shumen, Shuran finished in the middle of the main group, which was quite..

published on 8/31/23 6:21 PM
Petar Mitsin

Petar Mitsin’s world swimming record officially recognized

The Bulgarian Swimming Federation has received an official certificate from World Aquatics for the world record in the 400 m U23 freestyle set by Petar Mitsin. Bulgarian Petar Mitsin grabs gold in European U23 Swimming Championships in..

published on 8/31/23 2:53 PM