Kazakhstan Continues Privatization of Football Clubs
Photo: Orda Collage
At a government meeting, David Loria, Secretary General of the Kazakhstan Football Federation (KFF), reported on the progress of the privatization of the country’s football clubs, Orda.kz reports.
On October 30, the Kaisar football club was officially transferred to private ownership. Imangali Kozbakov, head of TAU Group LTD, became the new owner.
The Qyzylorda Akimat has allocated a plot of land for the construction of a football academy. The investment will amount to 12 billion tenge,
Loria reported
The transfer of ownership for the Qyzyl-Jar and Zhenis football clubs is expected to be completed by November 15.
The capital’s akimat has allocated a plot of land for the construction of a modern football academy for the Zhenis football club. Legal procedures for transferring the land to the investor are underway. Completion is planned for November 15, 2025. The total investment in the football academy is approximately 16 billion tenge,
added the KFF Secretary General.
In addition, the privatization of FC Shakhtar (Qaraganda) is scheduled to be completed by the end of November.
Original Author: Artyom Volkov
Latest news
- Orda.kz Editorial Team to Cease Operations on September 1
- The Price of a Degree: How Students in Kazakhstan Pay for University
- Second Przewalski’s Horse Foal Born as Species Returns to Kazakhstan
- Kazakh Mining Companies Can Recalculate Purchases if Tenge Weakens
- Kazakhstan Names First Vice President in Three Decades
- What Almaty’s Bus Shelters Are Missing
- 400-Truck Queue Builds at Kazakh–Kyrgyz Border
- Kazakhstan Ready to Help Feed and Rebuild Gaza
- Tokayev Establishes New Presidential Security Body
- Almaty Takes Back Its Nearly Century-Old Hippodrome
- No More Guesswork on Savings: Kazakhstan Tightens Energy Audits for Businesses
- Public Money Could Be Used to Rescue Failing Kazakh Banks
- Third Kazakh Woman Reported Missing in Nepal-China Flood Zone
- Falconer Convicted Over 35 Protected Birds, Spared Punishment Under Amnesty
- Kazakh Citizen Detained in Yakutia in Phone Fraud Case
- Yuan Instead of Dollars? KazMunayGas Draws Record Demand in Asia
- China Gains Oil-Market Influence as OPEC+ Weakens
- Kazakhstan to Divide Smartphones Into White, Gray and Black Lists
- Kazakhstan’s Government Formally Resigns as First Kurultai Session Opens
- Rare Lynx Sighting Recorded in Northern Kazakhstan