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Levski Sofia creates newco to manage stadium rebuild and secure all commercial rights

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February 2 – Bulgarian club Levski Sofia have created a new company to manage the reconstruction of the club’s new Georgi Asparuhov stadium, which is being built on the site of the old stadium which will be levelled.

The announcement by Levski comes against a backdrop of financial problems and the huge debt tax owed by the club has to the state.

Levski began a reconstruction of its stadium a few years ago,

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The post Levski Sofia creates newco to manage stadium rebuild and secure all commercial rights appeared first on Inside World Football.