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Croatian Champions Dinamo Zagreb Plan to Privatise

Croatia9-time consecutive Croatian domestic football champions GNK Dinamo (Dinamo Zagreb) are set to search for a private owner…

The ‘citizens’ football club’ will engage a number of experts and begin the preliminary phase of the privatisation project after the board made a decision on Monday night to investigate the possibility of privatising the Maksimir club.

“We have to privatise as there is no other way out. We have to survive, without fresh capital machinery stalls. We can not accept the fact that we are vegetating,” club President Mirko Barišić told daily Sportske novosti, adding that the club will need to adhere to privatisation laws in Croatia, but that in 12 months time a new model will be in place at the club.

After the initial preparation phase is complete, the club will evaluate its market value and begin the search for private investors. Founded in 1945, Dinamo is legally a citizens’ association which receives public funding.

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