CFR Cluj is set to receive €40 million after a deal was struck with Swiss investors, who will take 39% of the club's shares, according to Iuliu Mureșan, the club's president. The deal is seen as a significant boost for the club, which has faced financial difficulties in recent times. Mureșan stated that Nelu Varga, the club's owner, has advanced discussions with the Swiss investors, who are ready to acquire the shares. Varga confirmed that he will retain 39% of the club's shares, ensuring a steady budget for the upcoming season. The club, which will represent Romania in European cups next season, is expected to face fewer financial challenges as a result of the deal.
CFR Cluj Secures €40 Million Deal: "He Told Me They've Reached an Understanding"
This deal is huge for CFR Cluj's future, but can the club maintain its Romanian identity with foreign investors holding the majority? What's next for the club's management?