Marios Lefkaritis has become the new honorary president of Romania's FC Farul Constanta.
Executive Committee member
Lefkaritis, the former president of the Cyprus Football Association and a member of the UEFA Executive Committee, is very close to Mircea Sandu, the president of the Romanian Football Federation, and has business interests in Constanta, including some with Gheorghe Bosinceanu, the owner of Farul.
Cypriot Lefkaritis said that he will also be involved on a financial level, but only after the club goes public, something Bosinceanu says will happen before 2003. Bosinceanu also announced that the budget for the new season is €1.6m and that the objective is to finish in the top eight.
The elections for the club's board took place on Saturday, with Marcel Lica staying on as executive president. Petru Serban Mihailescu, the Romanian government secretary general, was voted executive vice-president of the club. A former vice-president of UFC Rapid Bucuresti, Mihailescu believes "Farul can be a first division team feared by all everyone". Coach Petre Grigoras was named general manager of the club.
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