Head of Privatization Organization: Persepolis and Esteghlal Had No Buyers

IranGate
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Head of Privatization Organization: Persepolis and Esteghlal Had No Buyers

The head of the privatization organization said Persepolis and Esteghlal had no buyers.

Hossein Ghorbanzadeh, the head of the privatization organization, stated that the clubs did not have buyers within the specified period. A re-offering with potential changes in conditions and price will be discussed in the transfer board.

ISNA news agency wrote that the auction for 51% of the shares of the two clubs, Persepolis and Esteghlal, was supposed to take place on the 7th and 10th of Esfand this year.

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

ISNA wrote that one of the main reasons for not issuing professional licenses for these two clubs and their exclusion from the 2022 Asian Champions League was their shared and governmental 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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