15863
Privatization of Football Clubs
Economy, Business And Markets

Privatization of Football Clubs

The Iranian Privatization Organization (IPO) says the winner of the bid to buy the major football club Perspolis will be announced this week, according to the IPO public relations. The IPO head, Abdollah Pouri-Hosseini, said two out of three bidder envelops for Perspolis were opened on Wednesday, while one as well as another envelop for the other major football club Esteqlal were discarded since the required deposits for the bid had not been paid by the applicants. According to the IPO head, a tripartite committee, comprised of ministers of economy, sports, and justice will vet the competence of the highest bidder on Sunday and the final winner will be announce either on Sunday or Monday. Currently, two bids have been received for Perspolis at 2.96 and 2.98 trillion rials. The winner will be required to pay 20% of the fee in cash while the rest will be cleared through 5-year installments.

Short URL : http://goo.gl/NsVTFD

You can also read ...

Support for  Forex Measures
The head of Competition Council welcomed efforts made by the...
Uber in Talks to Buy Food-Delivery Company
Uber Technologies Inc. is in early talks to buy food-delivery...
The looming crisis in the emerging markets, set off by the run on the Turkish lira, has had a more direct impact on the Iranian rial than anything the US has claimed.
Since the beginning of the fiscal 2018-19, the Iranian rial...
CBI: Currency Inflow Growing Steadily
Governor of the Central Bank of Iran said on Saturday that...
UK Firm: Progress Made With Iran Airport Contract
UK-based security solutions supplier Westminster Group said it...
Yu Chang Hwang (L) and Mohammad Reza Bakhtiari
South Korea’s new ambassador to Iran, Yu Chang Hwang, said...
Without Waivers, US Sanctions on Iran Will Cripple Iraq
Iraqi officials, struggling to form a new government months...
Watermelon Exports  Exceed $100m
Iran exported 569,974 tons of watermelon worth $106.42 million...

Trending

Googleplus