EghtesadOnline: Tehran's two main football clubs Esteghlal and Persepolis are set to be listed on the stock market because the financial restructuring required of them is complete, the deputy head of the Iranian Privatization Organization, Abolqasem Shams said.
EghtesadOnline: The long-delayed plan to privatize Esteghlal and Perspolis, Iran's two top football clubs, seems to be in the final stages. Stocks of the two clubs are to be offered on the Iran Fara Bourse soon after the process of registration and recapitalization of the clubs.
EghtesadOnline: The planned privatization of Iran's two major football clubs, namely Persepolis and Esteghlal, is unlikely to be concluded in the current Iranian year (March 2019-2020), amid impediments to reforms in the clubs’ structure and problems related to their financial statements, the head of Iranian Privatization Organization says.
EghtesadOnline: Iranian football club Esteghlal appointed German football manager and former football player Winfried Schäfer as its new head coach.