No One Bought Persepolis and Esteghlal

IranGate
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No One Bought Persepolis and Esteghlal

No one bought Persepolis and Esteghlal

Despite the advertisement for the sale of 51% of Persepolis club’s shares being published on April 1st, as predicted, no buyer came forward.

After the unsuccessful attempt to transfer Persepolis to the Social Security Organization, there was talk of non-governmental banks. Bank Mellat was mentioned for purchasing Persepolis and Bank Tejarat for Esteghlal, but what has been observed during this time is the banks’ complete disinterest in acquiring the shares of the two major capital teams.

After the topic of transferring the two clubs to banks was raised, the first reaction was the prohibition of banks from engaging in business activities. Nevertheless, even if legal obstacles are removed, there is still little hope for the transfer of the two clubs to banks or similar entities.

The reality is that although Esteghlal and Persepolis have big names, they are equally struggling with numerous problems.

Any organization that takes over these two clubs would need to spend hundreds of billions of tomans annually, but in return for such expenses, what would they gain? Ticket sales, environmental advertising, or television broadcasting rights? The answer is none.

The two clubs had until April 1st to settle and resolve their debts, and it is said that the issue of joint ownership must also be resolved by April 25th, which is 25 days away. Will the problems of the two clubs be resolved by then? Given the current situation, it seems unlikely.

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