Georgian FC Torpedo sold at auction

10:08   21 June, 2017

Georgian FC Torpedo Kutaisi has been sold at an auction of service agency of the Georgian Ministry of Finance.

The International Soccer House company purchased the football club for $125,000.

Under the terms of the auction, the new owner should invest $207,000 in the club in 2017  and $622,000 in 2018.

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