CSKA football club commented on the possibility of bankruptcy

CSKA football club commented on the possibility of bankruptcy

CSKA football club commented on the possibility of bankruptcy
Beta, a firm from Irkutsk, filed for bankruptcy of the football club in the capital's arbitration tribunal.  The company is the legal successor of F-Group, which acted as the general contractor for the construction of a sports stadium worth over 11 billion rubles.  Now it is trying to collect 348.453 million rubles.  The firm won the lawsuit back in November 2021, but could not wait for its execution.

The dispute over the construction of a home stadium for the capital's ‘army team’(‘VEB Arena’) arose a long time ago.  The stadium was built back in 2013.  According to various media reports, about $ 350 million was spent on the construction of the facility.
The official opening took place on September 12, 2016.
According to data from the open sources, PFC CSKA JSC is currently controlled by VEB.RF Group.  The former owner of the football club, Evgeny Giner, apparently lost it precisely because of the debts that appeared after the construction of the stadium.  At the same time, despite the 340 million rubles received by the club in 2020 thanks to the government contracts and a total revenue of 2.8 billion rubles, the organization still turned out to be unprofitable at the end of the year by 2 billion rubles.

The firm ‘Beta’, which filed an application with the court, specializes in the provision of legal services.  Its owner and manager Dmitry Maslov has already commented on the attempt of the ‘army team’ to evade payment of the debt.  According to him, the behavior of the leaders of the club can be called unfair.
In response to this, CSKA lawyers reported that there were no grounds for bankruptcy.
We are talking about the club's attempt to appeal against the court order to pay off the debt.  In particular, the decision of the appeal has already been suspended.  Now the defenders of the interests of the club are waiting for the hearings in the cassation instance.  They call the claim of Beta company ‘abuse of procedural rights’, while Dmitry Maslov himself points out the legality of his use of all possible methods of debt collection.

30.12.2021