Advertising

Yaroslavsky refuses to invest in Kharkiv

Author: Interfax-Ukraine All articles by this author

More about Interfax-Ukraine


Dec. 22, 2012 13:58
215 159
Kharkiv tycoon Oleksandr Yaroslavsky.
Photo by Courtesty

FC Metalist Kharkiv President and Ukrainian businessman Oleksandr Yaroslavsky has said he will stop investing in Kharkiv due to the situation around the Metalist Stadium.

"I know that I will cut my investment in Kharkiv. I don't want to invest money in such an investment climate, because I cannot understand the attitude of the local authorities. Do they have a lot of investors who invest hundreds of millions of dollars? Or my dollars are different in color?" he said in an interview with Interfax-Ukraine on Friday.

As reported, on December 19, Kharkiv City Council asked Kharkiv Regional Council to transfer the Metalist Stadium to the municipal ownership of the city. FC Metalist Kharkiv President Oleksandr Yaroslavsky said that he would stop funding the club if the stadium is passed to the city.

The businessman was the general investor and coordinator of Kharkiv's preparations for Euro 2012, having invested his own funds in the construction of the Metalist Stadium, a five-star hotel, the city airport, and the implementation of other projects.

Tags:


215 159

The Kyiv Post is hosting comments to foster lively public debate through the Disqus system. Criticism is fine, but stick to the issues. Comments that include profanity or personal attacks will be removed from the site. The Kyiv Post will ban flagrant violators. If you think that a comment or commentator should be banned, please flag the offending material.

comments powered by Disqus

Read more in {{sectionName}} section

All in {{sectionName}} section

SUBSCRIBE TO KYIV POST NEWSLETTERS