Seven Iranian Clubs to Go Public Soon

PFDC - It is reported that after the initiation of the Iran pro League and according to AFC rules and standards, the Iranian professional clubs must publish their company stocks for sale to the public in order to be profitable.

Persepolis, Esteghlal, Paas, Peykan, Saipa, Zobahan and Sanat Naft are the seven clubs who will go public first and before the rest of IPL clubs.

The major reason for this would be to achieve financial strength for the clubs. All the clubs who will be allowed to sell their stocks to public, should have a complete annual report on their earnings from different sources such as player transfers and advertisements to the Tehran's Stock Exchange Committee and the Iranian physical health and education ministry.