The media learned of the decision of VTB, to sell shares of FC “Dynamo-Moscow” for one ruble – RBC

the Players of FC “Dynamo” (Moscow). September 2016

Photo: Vladimir Fedorenko/RIA Novosti

VTB Bank has offered of the OLYMPIAD “Dynamo” to buy shares in the football club “Dynamo-Moscow” for a symbolic price of one ruble. The Bank found a way to repay debts of the club, buying out his share in the project “VTB arena Park”

Financial group VTB has proposed to the Central Council of the OLYMPIAD “Dynamo” to buy her 74% of shares of “Dynamo-Moscow” for a symbolic ruble, write “Vedomosti” with reference to the Chairman of Public-state Association “all-Russian sports society “Dynamo” Vladimir Strzhalkovsky.

Now the company already owns 25% stake in the football club, says the publication.

the press service of VTB confirmed to “Vedomosty” that information. The representative of the Bank said that the deal now being prepared. According to him, VTB has the necessary permissions in the relevant Supervisory authorities and expects to complete the transaction before year-end.

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in addition, Strzhalkovsky said that the FC “Dynamo-Moscow” has agreed to sell VTB belonging to him according to the investment agreement share in the development project “VTB arena Park”. “Part of this [received for the shares] of the sum intended to repay current debt obligations, of course, the most significant amount is the salary of players. Part is intended for the decision of a question on decrease in debt burden,” — said through his representative Strzhalkovskiy.

According to the interlocutor of the newspaper, these funds will be enough to repay debt to VTB, however, the amount of the transaction and the size of the debt he did not disclose.

Dynamo at the end of last season for the first time in its history was relegated to the second division of the championship of Russia. In the offseason, the team left a few paid players, including left midfielder of the national team of Russia Igor Denisov.

In October 2016, the General Director of “Dynamo” Eugene Ants in an interview with “Soviet sport” said that amount of debt, “Dynamo” to creditors is about 13 billion rubles According to him, the Dynamo is necessary to change shareholder of the club, or to declare bankruptcy. However Ants he immediately added, which is unlikely in the current situation, “Dynamo” will be able to find a new shareholder of the club.

Earlier in September, the first Deputy Chairman of VTB Bank, member of the Board of Directors Dynamo Vasily Titov has told that VTB will retain the financing of the “Dynamo” in a minimum volume. “Our plans remain in force — we intend to transfer the shares owned by VTB, the Central Council of “Dynamo”. The funding of the club we will not waver, but keep a minimal amount and focus on the construction of “VTB arena Park”. The shares will be transferred to the end of this year”, — said Titov.