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
Enterprise networks are complex. Moreover, they were designed and deployed to meet a specific set of business requirements at a specific point in time. But, the adoption of cloud services, new business applications and intensifying security policies, among other factors, require IT organizations to continuously deploy configuration changes. Therefore, enterprises are looking for better ways to automate the management of their networks while still leveraging existing capabilities, optimizing perf...
SYS-CON Events announced today that MangoApps will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. MangoApps provides modern company intranets and team collaboration software, allowing workers to stay connected and productive from anywhere in the world and from any device. For more information, please visit https://www.mangoapps.com/.
A strange thing is happening along the way to the Internet of Things, namely far too many devices to work with and manage. It has become clear that we'll need much higher efficiency user experiences that can allow us to more easily and scalably work with the thousands of devices that will soon be in each of our lives. Enter the conversational interface revolution, combining bots we can literally talk with, gesture to, and even direct with our thoughts, with embedded artificial intelligence, wh...
The IoT is changing the way enterprises conduct business. In his session at @ThingsExpo, Eric Hoffman, Vice President at EastBanc Technologies, discuss how businesses can gain an edge over competitors by empowering consumers to take control through IoT. We'll cite examples such as a Washington, D.C.-based sports club that leveraged IoT and the cloud to develop a comprehensive booking system. He'll also highlight how IoT can revitalize and restore outdated business models, making them profitable...
Many banks and financial institutions are experimenting with containers in development environments, but when will they move into production? Containers are seen as the key to achieving the ultimate in information technology flexibility and agility. Containers work on both public and private clouds, and make it easy to build and deploy applications. The challenge for regulated industries is the cost and complexity of container security compliance. VM security compliance is already challenging, ...
SYS-CON Events announced today that ContentMX, the marketing technology and services company with a singular mission to increase engagement and drive more conversations for enterprise, channel and SMB technology marketers, has been named “Sponsor & Exhibitor Lounge Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York City, New York. “CloudExpo is a great opportunity to start a conversation with new prospects, but what happens after the...
The pace of innovation, vendor lock-in, production sustainability, cost-effectiveness, and managing risk… In his session at 18th Cloud Expo, Dan Choquette, Founder of RackN, will discuss how CIOs are challenged finding the balance of finding the right tools, technology and operational model that serves the business the best. He will discuss how clouds, open source software and infrastructure solutions have benefits but also drawbacks and how workload and operational portability between vendors...
The essence of data analysis involves setting up data pipelines that consist of several operations that are chained together – starting from data collection, data quality checks, data integration, data analysis and data visualization (including the setting up of interaction paths in that visualization). In our opinion, the challenges stem from the technology diversity at each stage of the data pipeline as well as the lack of process around the analysis.
As machines are increasingly connected to the internet, it’s becoming easier to discover the numerous ways Industrial IoT (IIoT) is helping to shape the business world. This is exactly why we have decided to take a closer look at this pervasive movement and to examine the desire to connect more things! Now if you need a refresher on IIoT and how it is changing the world, take a moment and listen to Greg Gorbach with ARC Advisory Group. Gorbach believes, "IIoT will significantly change the worl...
The 19th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Containers, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportunity. Submit y...
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with the 19th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world and ThingsExpo New York Call for Papers is now open.
Designing IoT applications is complex, but deploying them in a scalable fashion is even more complex. A scalable, API first IaaS cloud is a good start, but in order to understand the various components specific to deploying IoT applications, one needs to understand the architecture of these applications and figure out how to scale these components independently. In his session at @ThingsExpo, Nara Rajagopalan is CEO of Accelerite, will discuss the fundamental architecture of IoT applications, ...
In his session at 18th Cloud Expo, Bruce Swann, Senior Product Marketing Manager at Adobe, will discuss how the Adobe Marketing Cloud can help marketers embrace opportunities for personalized, relevant and real-time customer engagement across offline (direct mail, point of sale, call center) and digital (email, website, SMS, mobile apps, social networks, connected objects). Bruce Swann has more than 15 years of experience working with digital marketing disciplines like web analytics, social med...
SYS-CON Events announced today that Enzu, a leading provider of cloud hosting solutions, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Enzu’s mission is to be the leading provider of enterprise cloud solutions worldwide. Enzu enables online businesses to use its IT infrastructure to their competitive advantage. By offering a suite of proven hosting and management services, Enzu wants companies to foc...
Customer experience has become a competitive differentiator for companies, and it’s imperative that brands seamlessly connect the customer journey across all platforms. With the continued explosion of IoT, join us for a look at how to build a winning digital foundation in the connected era – today and in the future. In his session at @ThingsExpo, Chris Nguyen, Group Product Marketing Manager at Adobe, will discuss how to successfully leverage mobile, rapidly deploy content, capture real-time d...