After it was written recently that “Dynamo” was close to bankruptcy, a saving statement came – the club from Stefan cel Mare has been sold, and the new shareholders promise that the team will return to the elite of Romanian football.

The official release by which “Dynamo” informs about the new owners

Dinamo Bucharest is undergoing a historic change after the club from Stefan cel Mare was close to bankruptcy.

According to GSP, Dorin Sherdyan transferred a controlling stake in Dynamo to Red&White.

It is about 72% of the club’s shares, which were sold to the Red&White company, in which Eugene Voicu (head of Certinvest), Andrey Nicolescu (former vice-president of Rapid) and Dorin Jacob are in the foreground.

“Press release

A FUNDAMENTAL CHANGE IN DYNAMO

Dinamo 1948 SA through special administrator Vlad Yakob informs:

The management of Red&White 2022 became the majority shareholder of the Company, owning 80.7758% of the shares as of today, February 24, 2023. The shares of SC Dinamo 1948 SA were transferred to Lotus Perfect Product SRL (72.7758%) and Association “Gazon Catalin Hildan” (8%).

According to these agreements concluded today, February 24, 2023, Eugene Gheorghe Voicu and Andrej Nicolescu, representatives of the new majority shareholder, will coordinate an integrated reorganization project, which in the first stage will be focused on achieving three main goals:

• development and approval of a new reorganization plan;

• provision of material and financial conditions necessary to support sports results for entry into the playoffs;

• fulfillment of the procedures and conditions necessary for obtaining a license for the next season.

In this context, Eugen Gheorghe Voicu, President of the Board of Directors of Red&White 2022 Management, stated:

“Today we are starting a project that aims to build professional and effective corporate management at FC Dynamo 1948 together with other entrepreneurs. This is not a technical language, but a much-needed business model based on competence, responsibility and specific goals.

Thus, we will prepare in detail each stage of the reconstruction of this club. My participation in this project is a personal initiative in which no company in which I am a shareholder was involved. We want our words to be inversely proportional to our actions, and our actions to be reflected in our results. Because “Dynamo” needs a result.

So, beyond the speculation and background noise that will naturally arise in the coming days, I want our project to be judged by results.”

For his part, Andrey Nicolescu, who will act as the club’s president and general manager, said:

“We have been preparing this step for a long time and I welcome the decision of DDB and Mr. Serdean to respond constructively to our proposal. We have a lot to accomplish in a very short time, but we are not alone.

In order to achieve our goals, apart from the crucial presence of the fans close to the club, we rely on the balance, rigor and knowledge of value creation provided by Eugen Vojku, and we count on the passion, experience and motivation of Vlad Jakob – as a special administrator, as well as the involvement and know-how -how of court administrator Razvan Zavaleanu – the main pillars in the project, and in fact, the unity of the entire team.

From now on, we are all going in the same direction at Dynamo. And the results will be visible. We do not promise miracles, we build reality.”

A new management structure will be established in the near future, and a press conference will be organized by March 3, 2023 to present the vision and priorities of the new shareholders.

02/24/2023″, the club’s official press release states.

Voicu and Nicolescu are the founders of Red&White, and Dorin Jacob, father of Vlad Jacob (Dynamo Bucharest’s special team administrator), will join them as an administrator.

While Eugene Voicu has never been involved in football, being focused on investments, insurance and real estate, Andrei Nicolescu comes with experience from Rapid, where he served as vice-president when the team played in the fourth division.

Dorin Jacob is a close associate of the former president of Romania, Traian Basescu, and has been involved in politics in recent years.

Bucharest “Dynamo” has debts of more than 7 million euros, and the mission of the trio will not be easy.

According to the cited source, the new shareholders from Dinamo Bucharest would invest approximately 1.2 million euros, but this amount will reach 12 million euros in the next 4 years.