Welcome!

News Feed Item

Aleksander Yaroslavskiy Sells FC "Metalist" for $ 300 million

BODRUM, Turkey, January 7, 2013 /PRNewswire/ --

- The former Soviet football sensation of the year

Earlier this week, Aleksander Yaroslavskiy, one of the most influential businessmen in Ukraine, the main investor of Kharkiv's preparations for Euro 2012, and the owner of the DCH Group and FC Metalist, created the main sensation of the year in the former Soviet football space. He announced the sale of the club to a new investor. The exact amount of the deal was not disclosed, but Forbes estimates it at around $300 million.

During the 7 years in which Yaroslavskiy was the president of FC Metalist, the club experienced the brightest stage of development in its entire 85-year history. The businessman has invested more than $ 570 million in the development of Kharkiv football and preparation of the city for Euro 2012. Formerly 173th place in the UEFA club ranking, FC Metalist now consistently ranks among the top 30 clubs in Europe. Over the past six seasons the team won Ukrainian championship bronze medals six times. In 2007, after a 20-year break, Metalist returned to the European Cup arena: the UEFA Cup first, then Europa League, with victories over Bayer, Sochaux", "Austria", "Sporting", Sampdoria, Debrecen, Besiktas, Galatasaray, and Olympiakos. This season, the Kharkiv team also excelled with "the goal of the century" scored by Taison, and, as a result, UEFA has added Metalist`s striker to the symbolic European team. In addition, thanks to Yaroslavskiy, the Kharkiv club now has a training camp which, according to football experts, is comparable to the infrastructure of Barcelona and Bayern. And Kharkiv no longer needs to give its young football talents to other clubs - thousands of children are able to train in the academy of Metalist. At home games the team enjoys the support of full stands, and, thanks to Euro 2012, Kharkiv fans were able to witness matches between the strongest teams in Europe, and with the brightest football stars, such as Michel Platini, or Cristiano Ronaldo, in their native city.

In his statement Yaroslavskiy named the reason for the sale of FC Metalist: "There is only one (and this is the main one) reason why I have to leave the club: The confusing claims of the city government on me as the investor and as a result, an unprecedented psychological pressure exerted on the team and staff. This unhealthy atmosphere threatens all that was created by hard work of many people." So politically correctly the businessman referred to pressure to transfer the Metalist stadium - the home arena of the club, built for Euro 2012 under the direction of Yaroslavskiy in the format of public-private partnerships (30% of the investments from Yaroslavskiy, 50% from the state budget, and 20% from local budgets of Kharkiv city and Kharkiv region) - to municipal ownership. Kharkiv journalists found out that the object was built for the money of the president of FC "Metalist", which the state then gradually and with long delays was compensating. In turn, Gennadiy Kernes is also known for trying to cut popular Gorky Park under the pretext of preparing for Euro 2012, sparking violent protests of the "green". And for the purchase of overpriced benches for Kharkiv subway and several other controversial decisions.

At the same time, in his farewell letter, Aleksander Yaroslavskiy wrote: "I do not leave Metalist to fend for themselves, I act in their interests. The change in the investor eliminates the personal factor while preserving the source of funding of the club." In an interview to Forbes, he said: "This is not the first attack to me and to the club, these things had been happening for a long time. The question is not just me. There is a team, there is the head coach, the administration. I can not always breathe courage and bravery in people. I am sure for myself, I am a self-sufficient person, and the players do not understand how this can happen. Many of them are foreigners. For them, things like that are just wild.... So I found a sponsor who will fund the club."

The new owner of FC Metalist is the non-public young Kharkiv lawyer and businessman, 27-year-old Sergii Kurchenko. In his inaugural statement, he announced ambitious goals for the club, but his meeting with the head coach of Metalist, Myron Markevych, has not yet taken place.

Sources:

http://live.sporx.com/futbol/dunya/ukraynanin-parlayan-yildizi-satildiSXHBQ309495SXQ

http://www.infial.com.tr/spor/ukraynanin-parlayan-yildizi-satildi-h42210.html

http://www.gazeteport.com.tr/haber/123369/metalist-kharkiv-satildi

http://skorer.milliyet.com.tr/metalist-satildi/-/detay/1649951/default.htm

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Why do your mobile transformations need to happen today? Mobile is the strategy that enterprise transformation centers on to drive customer engagement. In his general session at @ThingsExpo, Roger Woods, Director, Mobile Product & Strategy – Adobe Marketing Cloud, covered key IoT and mobile trends that are forcing mobile transformation, key components of a solid mobile strategy and explored how brands are effectively driving mobile change throughout the enterprise.
DevOps at Cloud Expo, taking place Nov 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 19th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long dev...
Identity is in everything and customers are looking to their providers to ensure the security of their identities, transactions and data. With the increased reliance on cloud-based services, service providers must build security and trust into their offerings, adding value to customers and improving the user experience. Making identity, security and privacy easy for customers provides a unique advantage over the competition.
Qosmos has announced new milestones in the detection of encrypted traffic and in protocol signature coverage. Qosmos latest software can accurately classify traffic encrypted with SSL/TLS (e.g., Google, Facebook, WhatsApp), P2P traffic (e.g., BitTorrent, MuTorrent, Vuze), and Skype, while preserving the privacy of communication content. These new classification techniques mean that traffic optimization, policy enforcement, and user experience are largely unaffected by encryption. In respect wit...
SYS-CON Events announced today that StarNet Communications will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. StarNet Communications’ FastX is the industry first cloud-based remote X Windows emulator. Using standard Web browsers (FireFox, Chrome, Safari, etc.) users from around the world gain highly secure access to applications and data hosted on Linux-based servers in a central data center. ...
Smart Cities are here to stay, but for their promise to be delivered, the data they produce must not be put in new siloes. In his session at @ThingsExpo, Mathias Herberts, Co-founder and CTO of Cityzen Data, will deep dive into best practices that will ensure a successful smart city journey.
SYS-CON Events announced today that 910Telecom will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Housed in the classic Denver Gas & Electric Building, 910 15th St., 910Telecom is a carrier-neutral telecom hotel located in the heart of Denver. Adjacent to CenturyLink, AT&T, and Denver Main, 910Telecom offers connectivity to all major carriers, Internet service providers, Internet backbones and ...
Traditional on-premises data centers have long been the domain of modern data platforms like Apache Hadoop, meaning companies who build their business on public cloud were challenged to run Big Data processing and analytics at scale. But recent advancements in Hadoop performance, security, and most importantly cloud-native integrations, are giving organizations the ability to truly gain value from all their data. In his session at 19th Cloud Expo, David Tishgart, Director of Product Marketing ...
Almost two-thirds of companies either have or soon will have IoT as the backbone of their business in 2016. However, IoT is far more complex than most firms expected. How can you not get trapped in the pitfalls? In his session at @ThingsExpo, Tony Shan, a renowned visionary and thought leader, will introduce a holistic method of IoTification, which is the process of IoTifying the existing technology and business models to adopt and leverage IoT. He will drill down to the components in this fra...
StarNet Communications Corp has announced the addition of three Secure Remote Desktop modules to its flagship X-Win32 PC X server. The new modules enable X-Win32 to safely tunnel the remote desktops from Linux and Unix servers to the user’s PC over encrypted SSH. Traditionally, users of PC X servers deploy the XDMCP protocol to display remote desktop environments such as the Gnome and KDE desktops on Linux servers and the CDE environment on Solaris Unix machines. XDMCP is used primarily on comp...
DevOps at Cloud Expo – being held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA – announces that its Call for Papers is open. Born out of proven success in agile development, cloud computing, and process automation, DevOps is a macro trend you cannot afford to miss. From showcase success stories from early adopters and web-scale businesses, DevOps is expanding to organizations of all sizes, including the world's largest enterprises – and delivering real results. Am...
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 19th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The Internet of Things (IoT) is the most profound change in personal and enterprise IT since the creation of the Worldwide Web more than 20 years ago. All major researchers estimate there will be tens of billions devices - comp...
As the world moves toward more DevOps and Microservices, application deployment to the cloud ought to become a lot simpler. The Microservices architecture, which is the basis of many new age distributed systems such as OpenStack, NetFlix and so on, is at the heart of Cloud Foundry - a complete developer-oriented Platform as a Service (PaaS) that is IaaS agnostic and supports vCloud, OpenStack and AWS. Serverless computing is revolutionizing computing. In his session at 19th Cloud Expo, Raghav...
Data is the fuel that drives the machine learning algorithmic engines and ultimately provides the business value. In his session at Cloud Expo, Ed Featherston, a director and senior enterprise architect at Collaborative Consulting, will discuss the key considerations around quality, volume, timeliness, and pedigree that must be dealt with in order to properly fuel that engine.
There is growing need for data-driven applications and the need for digital platforms to build these apps. In his session at 19th Cloud Expo, Muddu Sudhakar, VP and GM of Security & IoT at Splunk, will cover different PaaS solutions and Big Data platforms that are available to build applications. In addition, AI and machine learning are creating new requirements that developers need in the building of next-gen apps. The next-generation digital platforms have some of the past platform needs a...