Chairman of the Board of Directors of FC “Dynamo” Vasily Titov said that there are some problems with the transfer of shares because there are accumulated debts.
ROUND LAKE (Moscow region), 16 Jan — R-Sport, Vasily Konov Jr. Certainty with the deadline transfer 74% stake in football club “Dinamo” of the eponymous society exists, it is possible to try to do by the end of this year, said the Chairman of the Board of Directors of FC “Dynamo” Vasily Titov.
In June, the VTB Bank and the public-state Association “all-Russian sports society “Dynamo” came to the agreement on assignment of 74% of shares of CJSC “FC “Dynamo-Moscow”, owned by VTB in favor of the company. The President-Chairman of VTB Andrey Kostin said that VTB will change the scheme of financing of football and hockey clubs “Dinamo”, the money will be transferred to the Central Council of the society “Dynamo”, and not directly to the clubs.
“There are some problems with the transfer of shares because there are accumulated debts. That is only a bunch of technical problems, nothing more. No policy no. Have an asset, and it is worth something, so it you need to pay or find some other form, that is to find a suitable form. Society “Dynamo” not the richest organization, then you need to find some diagram, and we’ll find her,” said Titov to journalists.
“We are the club to a certain extent, went along with the project, and we honestly and honestly drag. This is an important project that we will never leave. But everyone must do their work, so we think it is right, if the club will deal with the Central Council. This is correct from all points of view. There is no deadline, but we will try to do it before the end of the year, because to pull it up to infinity is impossible”, — he noted.
Last season Dynamo finished fourth in the championship of Russia, allowing to play in the Europa League. However, UEFA in June suspended the “Dynamo” from participation in European competitions for one year due to violation of rules of financial fair play — the overall budget deficit of the club for 2012-2014 amounted to 257 million euros.
After the club has seen a number of changes: the Executive Director is Boris Rotenberg was appointed first Deputy Chairman of “Dynamo” Sergey Sysoev, Rothenberg also resigned as President of the club, sporting Director Guram left Agoew, Stanislaus cherchesova on as head coach, replaced Andrey Kobelev.