American Investors Close to Croatian First Division Club Takeover
- by croatiaweek
- in Business
The Mayor of the Croatian city of Pula says he has held ‘intense negotiations’ with American investors looking to take over first division football club NK Istra 1961…
Aldo Drosina stadium – home to NK Istra 161
After recent speculation in the media, Mayor Boris Miletić confirmed on Tuesday to reporters that negotiations with potential American investors were ongoing. The group of American investors interested in buying out the Green and Yellows is being represented by lawyer Michael Glover. Glover last year led an American consortium in a failed buyout attempt of another Croatian first division club – Hajduk Split.
“We have had discussions on a few occasions about their intentions to invest in the club, but also about other plans such as their intent to invest in a sport campus. I hope that this story has a happy conclusion and that the club can move peaceful ahead and consolidate its finances,” Miletić said.
