Bulgarian businessman Atanas Bostandjiev has acquired ownership of PFC Levski Sofia, succeeding the outgoing majority shareholder, Nasko Sirakov, as announced on Friday. While Bostandjiev assumes ownership, Sirakov will retain the role of club president, stepping down from his shareholding after guiding the club through a period of stabilization and ensuring its continued existence and identity. Both men emphasized the importance of leadership continuity for the future of Levski.
Bostandjiev stated his commitment is to maintaining the club’s identity and independence while achieving sustainable success both athletically and operationally. He expressed satisfaction that Sirakov will continue in his presidential capacity. A cornerstone of Levski’s future strategy involves the proposed 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 stadium is designed to accommodate 24,718 seats according to Bulgarian Football Union standards and 23,032 seats under UEFA regulations. Construction is slated to commence in the spring of 2027.
Furthermore, the complex is intended to be multifunctional, capable of hosting large-scale events, including concerts for up to 40,000 people, alongside enhanced public park areas. Atanas Bostandjiev is the founder and CEO of Gemcorp Capital, established in 2014, focusing on emerging markets. His professional background includes serving as CEO of VTB Capital in the UK and as a partner at Goldman Sachs in London, where he co-headed the emerging markets business across Central and Eastern Europe, the Middle East, and Africa.
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