Things turned out to be favourable for the Cyprus Football Federation and the Cyprus football clubs, after the German bank’s decision to grant a loan of £3.7 million. Specifically, the German bank announced on Friday that it is satisfied by the documents it has at its disposal and will submit the sum on Tuesday, April 4.
According to StockWatch sources, 17 football clubs (14 A division teams + Paphos, Aris and Alki) will share the cash by April 10.
According to StockWatch sources, 17 football clubs (14 A division teams + Paphos, Aris and Alki) will share the cash by April 10.