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text sizeBatkov Buys Out Cherney’s Shares in Levski
PFC Levski owner Todor Batkov has finally put an end to the gossip about his intention to sell the club after buying out the shares of Levski Honorary President Michael Cherney during a business trip to Israel. Cherney used to be in charge of 20 percent of Levski, but decided to part with his shares following last summer’s Managing Board decision to raise capitalization. Batkov is now in possession of 90 percent of PFC Levski shares.
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