The Government of the Republic of Uzbekistan has decided to sell the Pakhtakor football club, which was helped by Russian billionaire Alisher Usmanov, who is under sanctions from the United States, the European Union and the United Kingdom.
100% of the state share in Pakhtakor Football Club LLC has been put up for sale. The explanation for the auction states that none of the applicants for the purchase of the club and related persons should be on the sanctions lists of the European Union and the United States, and also have a low probability of being included in such lists in the future.
The Pakhtakor Club was founded in 1956. In 2018, the media reported that businessman Alisher Usmanov would provide the club with “financial assistance” in the amount of $100 million.
The initial bidding price is still unknown.
