Potential Majority Owner Starts Financial Inspection at Bulgaria's CSKA

Bulgarian construction entrepreneur and potential majority owner of CSKA Yuliyan Indzhov. Photo: BGNES

The construction entrepreneur Yuliyan Indzhov and his team started on Monday a financial inspection at CSKA football club.

Indzhov announced on Sunday that the inspection was important as it will influence his decision whether to become a majority owner of the club, daily Dnevnik reports.

The major shareholder Aleksandar Tomov said on Saturday that a deal had been reached with Indzhov.

Several days earlier, the management of the club announced that the club has BGN 12 M worth of debts as of March.

Indzhov has entrusted the executive director Aleksandar Todorov with the task of choosing the most suitable coach.

The former coach Stoycho Mladenov resigned on Friday and after the goalless draw against Beroe on Friday it was announced that the whole coaching team is to quit.

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