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SBD Global/January 21, 2014/Franchises

Poland's Wroclaw Sells Majority Stake In Slask To Local Businesses

The Polish city of Wroclaw "has sold a majority stake in troubled football club" Slask Wroclaw to local companies Hasco-Lek, Supra Invest and Inter-System, according to Jaroslaw Adamowski of INSIDE WORLD FOOTBALL. The new owners acquired a combined 50.63% stake in the club which plays in the Ekstraklasa, the top division of Poland's professional football league. Four bids were made for Slask, but only the three offers "were in compliance with all formal requirements laid out by the city." Each of the companies will hold close to 16.88% of the shares. Slask said in a statement that the Polish city will obtain about 4M zloty ($1.3M) from the sale. Hasco-Lek "is active in the pharmaceutical industry, Inter-System is a construction company, and Supra Invest is a financial services provider" (INSIDE WORLD FOOTBALL, 1/20).
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