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Tehran Football Clubs Esteghlal and Persepolis to be privatized

TEHRAN, Feb. 1 (Mehr News Agency) -- Esteghlal and Persepolis clubs will be auctioned in the next Iranian calendar year (starting March 20, 2009).

Persepolis fans during 2008 match with Esteghlal in Tehran's Azadi Stadium

Announcing this, Esmaeil Gholami, the deputy director of the Iranian Privatization Organization said, "Esteghlal and Persepolis are currently in the red on the stock market. The duo Iranian clubs will be auctioned by the end of the fourth (socioeconomic) program."

Esteghlal fans during 2008 match with Persepolis in Tehran's Azadi Stadium

Privatization of Esteghlal and Persepolis should be carried out soon. These clubs will have to increase their revenues through broadcasting rights and selling their productions, he added.

... Payvand News - 02/01/09 ... --

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