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

Момент от велосипедното шествие „София кара колело”.

Sofia Bike Relay starts with a charity cause 

This morning in front of the Vasil Levski National Stadium in Sofia will be the start of the second edition of the Sofia Bike Relay. The cyclists will ride a four-kilometer route along central streets and boulevards.  A team race with company..

published on 9/17/23 7:35 AM

Grigor Dimitrov wins his first match at Frankfurt UTS

Bulgarian tennis player Grigor Dimitrov started his participation in the Ultimate Tennis Showdown in Frankfurt with a victory. He beat the German Jan-Lennard Struff 3:1 (14:17, 18:11, 17:9, 14:13) in the first round of the group stage.  The rules..

published on 9/16/23 11:29 AM

Bulgarian Aoiyama scores second victory at the sumo tournament in Tokyo

Daniel Ivanov-Aoiyama scored a second consecutive victory at the sumo tournament in the Japanese capital Tokyo. In a bout of the sixth round the Bulgarian, who has the rank of maegashira-14, overcame maegashira-15 Chiyoshoma by the tsukidashi..

published on 9/15/23 11:59 AM