The head of the privatization organization did not buy Persepolis and Esteghlal

IranGate
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The head of the privatization organization did not buy Persepolis and Esteghlal

The head of the Privatization Organization said that Persepolis and Esteghlal did not have buyers.

Hossein Ghorbanzadeh, the head of the Privatization Organization, stated that the Reds did not have buyers within the specified deadline, and a possible re-offering with potential changes in conditions and prices will be discussed in the Allocation Council.

ISNA news agency reported that the 51% share auction of Persepolis and Esteghlal clubs was supposed to take place on the 7th and 10th of Esfand (February/March) this year.

According to the information provided by this news agency, the price for 51% of Esteghlal’s shares was set at 2,386 billion tomans, and the price for 51% of Persepolis’ shares was set at 2,736 billion tomans. Twenty percent of the payment was due initially, and the remaining amount was to be paid in six-year installments every six months.

ISNA wrote that one of the main reasons for the licenses not being issued and the removal of these two clubs from the AFC Champions League in 2022 was their joint and government ownership. According to the regulations, no individual or legal entity can own two clubs in a tournament to eliminate any suspicion of collusion.

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