Lukoil buying 100% of FC Spartak

Lukoil buying 100% of FC Spartak

Lukoil has acquired 100% of shares of JSC Football Club Spartak-Moscow as well as the Otkritie Bank Arena stadium, the oil company said in its Telegram channel.

Furthermore, Leonid Fedun, who has ceased being a shareholder of the club, is also resigning as president, member and chairman of the board of directors of JSC Football Club Spartak-Moscow and will not take part in managing the club, the company adds.

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