Cherkizovsky market is held in the north-east of Moscow, 72 hectares of which 66 hectares are in the operational management of the Russian State University of Physical Culture, Sports and Tourism, who in turn passed them on long-term lease Ltd. KSE-AST Telman Ismailov. The market itself was closed in 2009 on the initiative of the federal government.
Ismailov declared bankrupt, part of its assets, including the restaurant “Prague” on the Arbat, a business center “Tropicana” and the complex of buildings in East Izmailovo, moved VTB .
The press service of VTB “Kommersant” reported that the bank does not belong to the land of Telman Ismailov, which was once the Cherkizovsky market. The federal government promised to return the land to the university. In 2014, the mayor of Moscow, Sergei Sobyanin said that sports facilities will be on the site.
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