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Botev (Plovdiv) management has issued an official position on the negotiations with Iliyan Filipov

The management of the yellow-blacks announced that they had received a proposal to sign an agreement, but emphasized that there are discrepancies between the two parties

The management of Botev (Plovdiv) has issued an official position, in which it clarified the negotiations with Iliyan Filipov for the transfer of the club's shares and its future management, Topsport reported.

The management of the "yellow-blacks" announced that they had received a proposal to sign an agreement, but emphasized that there are discrepancies between the two parties in the interpretations of some of the points in the contract.

"Dear Botev fans,

On 21.06.2025 we received a proposal from Mr. Iliyan Filipov to sign a tripartite agreement concerning the future management of the club and the transfer of the club shares.

After we got acquainted with the sent version of the agreement, the lawyers of PFC Botev began working together with their colleagues representing Mr. Iliyan Filipov.

In the texts thus proposed, we found common ground on which we have no differences. However, there are still discrepancies in the interpretation of several of them:

- PFC Botev is not clear about the ways in which the club will be financed by Mr. Iliyan Filipov after the transfer of the shares to the PFC Botev Association. Since the minority owner does not represent Mr. Filipov, and vice versa, Mr. Zingarevich wants to be convinced of the exact method by which the club will be financed - with donations, loans or in some other form. In case Mr. Filipov intends to finance PFC Botev with loans, it seems illogical to request that Mr. Zingarevich transfer his loans to the club to the PFC Botev Association.

- As for the assignment of the debts from the club to Mr. Zingarevich, amounting to 11 million leva, PFC Botev has the following position: the actual assignment of the same should be carried out after the holding of a general meeting of the joint-stock company and the transfer of the club shares. At the same time, this will be possible only upon the conversion of the debts in question into capital.

- For the period from the signing of the agreement to the transfer of the shares, PFC Botev proposes joint work between the current procurator of the club - Mr. Alexey Kirichek, and his representative authorized by Mr. Filipov, which would guarantee the interests of both parties until the actual completion of the deal for the club. The text of the agreement sent to us only includes the option for the person managing the club's operational activities to be a representative of Mr. Filipov, with which we do not agree.

- Regarding the request for liability from the Board of Directors of PFC Botev for obligations that were not declared to Mr. Filipov, the parties are working on a mutually acceptable version of the clause.

PFC Botev has engaged attorney Ivan Demerdzhiev on these and all other issues related to the transfer of the club shares, who, we are convinced, will adequately protect both the interests of the club and the interests of the future investor.

Sincerely,

PFC Botev", says the official position of the management of the "canaries".