Bulgarian businessman Atanas Bostandjiev has acquired majority ownership of PFC Levski Sofia, according to an announcement made by the club’s outgoing majority shareholder, Nasko Sirakov, on Friday. While Bostandjiev assumes the ownership role, Sirakov will retain the position of club president. Sirakov stated his decision to step down from shareholding was made after successfully stabilizing the club during a challenging period, thereby ensuring its continued operation and preserving its identity.
He emphasized the necessity of leadership continuity for the future of the Levski club. Bostandjiev stated that his objective is to maintain the Levski identity and independence while achieving sustainable success in both on-field performance and overall club operations. He expressed satisfaction that Sirakov will remain as president.
A key component of the Levski’s future strategy is the planned new Georgi Asparuhov Stadium. The club and the architectural firm IPA have unveiled the concept, which carries an estimated total investment of EUR 120 million. The facility is designed to accommodate 24,718 spectators according to Bulgarian Football Union guidelines and 23,032 under UEFA standards.
Construction is anticipated to commence in spring 2027. Beyond its sporting function, the stadium will be a multifunctional complex, featuring improved park areas and public spaces capable of hosting large-scale events, including concerts for up to 40,000 people. Atanas Bostandjiev is the founder and CEO of Gemcorp Capital, an investment firm established in 2014 that focuses on emerging markets.
His professional background includes roles as CEO of VTB Capital in the UK and a partner at Goldman Sachs in London.
Topics: #levski #bostandjiev #club
