You are here: Main page > NEWS
E-mail    Print    SiteMap    

RusFoot.com

*** The first issue of RUSFOOT.COM Magazine is now available!!!



Partners

 


NEWS

Relegation-threatened Krylya to pay off debts
05-11-2007
Tvoi Den

Russian Premier Liga

Embattled Russian Premier Liga club Krylya Sovetov Samara, which dropped into the relegation zone last

week, have promised to pay off debts to footballers who have gone unpaid for three months. "Recently, a

local bank submitted a letter of guarantee on 5.7 million euro to the Samara regional government,” said Krylya's

deputy director Vladislav Shestakov. “The letter as a guarantee for the club was received by the authorities.

"Part of the money will be switched to pay the salary debt," he said. Roman Abramovich's investment vehicle

recently sued Krylya Sovietov Samara for neglecting to pay back more than 7 million dollars in loans. Millhouse,

the asset management firm owned by Abramovich, lodged the claim for the repayment of 7.1 million dollars in a

Russian court. Krylya president Alexander Baranovsky had said the club would repay the loan with help from

the regional government, but the debt is still not repaid. Last Saturday Krylya lost 3-2 away to Kuban

Krasnodar and fell to 15th place in the 16 strong Liga. The club, with one of the best home attendance

records in the country, are two points away from the safety with four matches to play this season in Russia.




Announcements

  

 

 

RUSFOOT.com (c) 2005. Developed by Agency INTERNETiYA
Time-up: 0.0327 sec.
Not compress length: 19340; Compressed length: 4966