Bulgarian businessman Atanas Bostandjiev has assumed ownership of PFC Levski Sofia, taking over the majority shareholding from the club’s outgoing majority shareholder, Nasko Sirakov. While Bostandjiev assumes the ownership role, Sirakov will retain the position of club president. Sirakov stated that his departure from shareholding follows a period of stabilization, which he credited with ensuring the club’s survival and preserving its core identity.
Bostandjiev stated that his objective is to maintain the identity and independence of the club while achieving sustainable success both athletically and operationally. He expressed satisfaction that Sirakov will continue in his capacity as president. A cornerstone of the levski’s future strategy is the planned development of the 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 meet Bulgarian Football Union standards with a capacity of 24,718 seats, and UEFA standards with 23,032 seats. Construction is slated to commence in spring 2027.
Beyond its sporting function, the facility is designed as a multifunctional complex capable of hosting large events, including concerts for up to 40,000 people, alongside enhanced public park areas. Atanas Bostandjiev brings extensive financial experience to the club. He is the founder and CEO of Gemcorp Capital, established in 2014, focusing on emerging markets.
Previously, he served as CEO of VTB Capital in the UK and held a partnership role at Goldman Sachs in London, where he co-headed
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