Learn more

By bne Tehran bureau Iran’s Economy Minister Ehsan Khandouzi has confirmed the transfer of ownership of the country’s top two football clubs, Persepolis and Esteghlal to the private sector to continue playing in the Asian football league, IRINN reported on April 22. This long-awaited move comes just ahead of the May 5 deadline set by the Asian Football Confederation (AFC) for clubs to secure professional licences. Resolving the clubs’ joint ownership structure has been a critical aspect of this transition, necessary for compliance with AFC club licensing regulations and attracting potential in…