LUKOIL BECAME MAIN SPONSOR OF FC NEFTOCHIMIK

Sports | October 29, 2001, Monday // 00:00

The Bulgarian branch of the Russian oil company LUKoil became major sponsor of the Burgas football club Neftochimik. LUKoil however did not buy the club’s controlling stake. ”LUKoil will provide some 25% of the team’s annual budget which is BGN 1,2 M,” Hristo Portochanov, the FC president, said. The company’s logo will be printed on the players’ outfit. The club will be allowed to use the Neftochimik’s stadium for free until 2016. The club will withdraw its claim on the stadium’s ownership from the Supreme Court of Cassation.

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