YEREVAN, AUGUST 29, ARMENPRESS. The Government of Armenia has approved the project developed by the State Property Management Committee, which plans to establish a football academy in Armenia.
How? “Armenpress”The State Property Management Committee of the Republic of Armenia informed that “Next Gen Sports” LLC will be granted the right to use the buildings at 20/4 Avan Acharyan Street for a period of 25 years free of charge, where the company, in cooperation with the world-famous “Juventus” club, will establish a football academy. .
The company has committed to make investments of 1 billion drams within 5 years.
Within the framework of the same project, it is planned to privatize 100% of the shares of “Hrazdan Sports Complex” CJSC, which includes the reserve field adjacent to the main stadium.
“Next Gen Sports” LLC is committed to investing 1 billion 200 million drams within 5 years.
