LUKOIL has announced the acquisition of 100% share in Football Club Spartak-Moscow and Otkritie Bank Arena stadium. The Company has been the major sponsor of the Club for over 20 years and has worked in close cooperation with the Club on projects related to LUKOIL brand promotion.In the near future LUKOIL intends to implement a number of strategic initiatives aiming to enhance the Club management system and streamline the decision-making process with involvement of sports industry professionals with proven track record.LUKOIL will continue active development of the Club infrastructure; in particular, necessary steps will be taken to relocate Fedor Cherenkov Academy (Moscow children's and youth football school) to Tushino. The Company will also finance the construction of multipurpose sports complex and hotel for athletes and fans in Tushino. The Company believes that these initiatives, coupled with steady sponsorship support by LUKOIL and other partners of the Club will reinforce Spartak's competitive position and lead to new victories.
LUKOIL has announced the acquisition of 100% share in Football Club Spartak-Moscow and Otkritie Bank Arena stadium. The Company has been the major sponsor of the Club for over 20 years and has worked in close cooperation with the Club on projects related to LUKOIL brand promotion.In the near future LUKOIL intends to implement a number of strategic initiatives aiming to enhance the Club management system and streamline the decision-making process with involvement of sports industry professionals with proven track record.LUKOIL will continue active development of the Club infrastructure; in particular, necessary steps will be taken to relocate Fedor Cherenkov Academy (Moscow children's and youth football school) to Tushino. The Company will also finance the construction of multipurpose sports complex and hotel for athletes and fans in Tushino. The Company believes that these initiatives, coupled with steady sponsorship support by LUKOIL and other partners of the Club will reinforce Spartak's competitive position and lead to new victories.
