VTB and the All-Russian sports society (VFSO) Dynamo have signed a memorandum of cooperation. Party, said the bank had agreed on the terms of the investment project for the complete reconstruction of the central stadium "Dinamo" in connection with the changed economic situation. The "Peter Park" includes reconstruction of a large sports arena "Dinamo", the construction of a multi-sports complex with soccer arena and multipurpose commercial center with a hotel and underground parking. Also, the aim of the memorandum is to resolve the financial relationship between the bank VTB and companies of the "Dynamo". Agreed, VTB acquired control over the assets of the reconstruction project of the central stadium "Dinamo" in the form of ownership of 75% minus 1 share CJSC "Management Company" Dynamo "(the developer of" Peter Park ") and 74% of the shares of JSC" Football club Dynamo Moscow ". Transactions will be carried out in the conversion of the debt of those companies in their shares. Ownership of 25% plus 1 share CC Dynamo and FC Dynamo Moscow "is saved for VFSO Dynamo. Today was also an agreement of sponsorship of the club in 2009, according to which VTB has received the status of the general sponsor of FC "Dynamo" and the official bank of FC "Dynamo".
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