Botev Plovdiv Failed To Fully Sell The 30% Of The Club They Put Up For Sale

Bulgaria’s Botev Plovdiv have announced that the club has been unable to sell 30% of its shares, and is ready to return the money to everyone who bought shares in the sales campaign.

At the end of March, Botev Plovdiv owner Anton Zingarevich, who has a ten-year ban on entering Bulgaria, said that he would part with 30% of his shares in the club.

Subsequently, the Russian businessman transferred the stake in question to the Trust PFC Botev, which launched a sales procedure. Now the shares will be returned to the club’s assets.

In an open letter, Botev expressed satisfaction with the loyalty shown to the club by companies, organisations, and ordinary fans, despite the sales target not being reached.

“On 04.04.2025, as a result of the majority owner’s desire to find partners among the ‘yellow-black’ community, a campaign was initiated to sell 30% of the club’s shares. The same was carried out in partnership with the minority owner Trust PFC Botev, as a guarantor of its transparency,” the Botev statement said.

“The past campaign did not achieve the desired financial results, which is why all those who participated in it will have their invested funds returned. However, the management of PFC Botev is satisfied with the demonstrated empathy of all companies, organisations, and ordinary Botev fans, who have proven their loyalty and faith in the future of the club.

“As a sign of gratitude to all of them, PFC Botev and the Trust PFC Botev invite the people who purchased shares to a working meeting, where actual topics for the club will be discussed.”

Insideworldfootball.com