17 June 2026

No one came forward to purchase shares in FC "Chornomorets" for 39 million

(PHOTO: Global 100 RE Ukraine)

An auction for the sale of assets belonging to the limited liability company "Ukrbudspetstech," consisting of 49,210 shares of the private joint-stock company "Football Club 'Chornomorets,'" failed due to a lack of bidders.

This was reported on the Prozorro.Sales platform.

The auction was scheduled to take place on June 15. The total par value of the shares was 49 million 210 thousand hryvnias, but the starting price for the auction was 39 million 368 thousand hryvnias. Furthermore, this was a hybrid Dutch auction, in which participants initially lower the starting price until one of them halts the downward trend. This is followed by a sealed-bid phase: other participants may submit bids higher than the current price—that is, in the format of a classic auction. The winner is the bidder who offers the highest amount. However, the participant who halted the downward trend in the first stage has the right to the final bid and may outbid a rival’s highest price in the third stage.

The auction begins even without participants, as it is possible to join after the start. This method is used for the sale of assets whose market value is difficult to determine: delinquent loans, assets of bankrupt banks, or in cases where English-style auctions have been unsuccessful. 

This refers to the former joint-stock company FC “Chornomorets,” which in 2004 received permission for a comprehensive reconstruction of the streets near the “Pryvoz” market and built the so-called “Klimovskyi Quarter” there. It was named in honor of the then-president and owner of the soccer club,Leonid Klimov

According to the YouControl service, Ukrbudspetstech LLC was registered in 2002; among its founders were FC “Chornomorets” PJSC and the owner of the bankrupt “Imexbank,” former People’s Deputy Leonid Klimov. 

In December 2020,the Commercial Court of the Odesa Region initiated bankruptcy proceedings against the private joint-stock company“FC Chornomorets.”

Кирило Бойко

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