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SBD Global/January 29, 2014/Finance

Fans Of Bulgarian Top Flight Football Club Levski Sofia Launch Supporters Trust

Dissatisfied with the management of Bulgarian top-flight club Levski Sofia, fans "decided to create a supporters' trust," according to Alexander Krassimirov of INSIDE WORLD FOOTBALL. The association will be named Blue Bulgaria, and its purpose "will be to raise funds that will be invested in the club, but only under certain conditions." The trust "is modeled on trusts in England," where there are more than 140 in operation, and which in some cases "give the trust ownership rights" -- an objective of the Blue Bulgaria group. The bulk of the funds "will be raised through membership fees and donations." Representatives of the trust have already held a meeting with club Owner Todor Batkov, who "also expressed a desire to join the organization" (INSIDE WORLD FOOTBALL, 1/28).
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