Another important step toward finalizing the proposed investment in APOEL came after the official letter sent by the Cyprus Football Association to the Club and thecompany. The CFF appears, in principle, ready to approve the “blue-and-yellows’” request for an exemption from the three-year rule, subject to the conditions outlined in the letter.
This development is viewed as particularly positive by both sides, which held emergency meetings of their Boards of Directors and decided to proceed jointly with the next steps. The goal now is to complete the necessary steps and reach a positive outcome in the negotiations with the investor.
ΣΧΕΤΙΚΑ ΑΡΘΡΑ
In detail:
“APOEL Club and APOEL FOOTBALL (PUBLIC) LTD announce that they have received an official letter from the Cyprus Football Association, regarding the proposed investment and restructuring of APOEL’s soccer operations.
The position expressed by the CFF represents yet another significant step toward finalizing the agreement. Based on the information and principles presented to it, the CFF declares, in principle, that it is prepared—subject to the conditions outlined in its letter—to approve APOEL’s request for an exemption from the three-year rule.
The Club and the Company, following an emergency meeting of their respective Boards of Directors held today, reviewed the letter, jointly assessing it as highly positive, and agreed to proceed together regarding further procedures with the aim of reaching a final agreement with the investor.”
