ENIC deny Slavia sale
Wednesday, September 11, 2002
Article summary
ENIC plc have denied that they are to sell their share in SK Slavia Praha.
Article body
The British sports investment company, ENIC plc, that holds stakes in a range of European clubs, has denied plans to sell its share in SK Slavia Praha.
Enic dismiss story
Possible clash of interests
ENIC also have stakes in other European clubs, including Tottenham Hotspur FC. UEFA rules say that no two clubs or more taking part in a UEFA club competition may be directly or indirectly controlled by the same entity or managed by the same person.
Earlier precedent
Last year French television group Canal Plus officially reduced their majority stake in Servette FC of Geneva in order to allow Paris Saint-Germain FC to compete in the UEFA Cup.
