The authorities allow the sale of Slavia Prague

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The Czech Republic’s free competition authorities have authorized the sale of Slavia Pragueone of the most traditional clubs in the country, to the Czech magnate Pavel Tykacdigital sports newspaper reported this Wednesday Sport.cz.

“It’s an honor for me”

“I am among the loyal followers of Slavia, like my father and grandfather. The possibility to support the future development of the club is an honor for me, and I hope that my children will work on the task this in the future,” he said. Tykac in the Czech newspaper.

The 59-year-old entrepreneur in the energy sector, who has the fourth-largest fortune in the Central European country with an estimated 7.3 billion euros, acquired almost all of the club’s shares, in an operation estimated at around about 80 million euros.

The purchase of Slaviafounded in 1892, includes the Fortuna Arena, the club’s stadium, with a capacity of around 20,000 spectators, which will be acquired through an investment company.

He Slavia Prague is until now in the hands of the Chinese conglomerate CITIC Groupwho in turn is the owner of CEFT Europethe main Chinese investor in the Czech Republic, with interests in real estate, tourism, beer and media.

Thanks to the Chinese capital injection since 2015, the Slavia He was able to make international signings and improve his record, with three League titles, three Cups, and reaching the quarterfinals in European tournaments three times.

He Slavia Parga currently in second position in the Czech league, behind Prague Sparta.

Source: La Verdad

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