avril 19, 2025
Home » BFS has announced a budget of nearly BGN 24 million, but serious financial losses are expected

BFS has announced a budget of nearly BGN 24 million, but serious financial losses are expected

BFS has announced a budget of nearly BGN 24 million, but serious financial losses are expected


The budget of the Bulgarian Football Union for 2025 will be BGN 23 852 000, it became clear after today’s reporting congress. However, the costs will be higher than the revenue and the federation is expected to be minus BGN 801,000.

From the report, which was taken out to the media, it was learned that the expected revenues would be formed as follows: FIFA will receive BGN 2 650 000, from UEFA – BGN 11 492 000, the revenues from TV Rights will be 758 000 BGN, from sponsors and advertising – BGN 1 108 000, and from the coaching school – 646 levs.

The planned costs for securing the national teams are BGN 6 483 000, those for the development of football – BGN 2 183 000, for securing the internal calendar – BGN 2 523 000, for securing the amateur championships – BGN 1 577, for the management of football – BGN 1. BGN 700,000.

It is clear from the report that 2025 will have less revenue from the previous 12 months. For 2024, the BFS is plus of BGN 985,000, while a year later it will be minus 801 000 BGN. The big difference comes from the money that comes under FIFA and UEFA programs. For 2024, the revenues from FIFA were BGN 3 412 000, and from UEFA – BGN 14 824 000.

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« We are already in the final rights to sign contracts and from June we will have about 4,000,000 leva revenue from sponsorship contracts only, so we will cover all the shortcomings, » explained BFS President Georgi Ivanov.

In 2024, the audit report, when I accepted the Football Union, was minus BGN 4 225 000. For 2025 we are 47,000 BGN plus.

For 2026 we will have 2 400,000 less revenue than that the League of Nations will not be held, « Ivanov said.

Ivanov revealed that he had accepted the football union with a negative balance of over BGN 4 million

Lap.bg

Ivanov revealed that he had accepted the football union with a negative balance of over BGN 4 million

« It is important for us to know what we are doing, to have transparency. We have done a lot of things, there must be an hour of press conference to explain them all. In contact with a country, the infrastructure is in a praise state. We have to try to create football players. The Sports Ministry are for other sports, the football union is not granted by the state.

The request to have no restrictions on foreigners formalizes the sad status of adolescent football

The request to have no restrictions on foreigners formalizes the sad status of adolescent football

If we are talking about problems in the national team, the problem is that clubs use too many foreign players. In any case, there will be Bulgarians who will play necessarily.
I had no high expectations. I knew what things were. When I started, we changed many things. Starting with 14-year-olds, we started concentrated to deal with, organizing camps, national junior teams, doing seminars, I think all this will work. If we are catching up for every thing we said, I think that if we want to develop a football player, 2-3 years are enough. However, do you think that new players can appear in the national team in 2-3 years? That’s why we work to develop them. 3 years ago we started looking for Bulgarians abroad, now I have 7-8 boys who play in big teams and are waiting for development for us, « said Georgi Ivanov. The President of the BFS also explained his position for the Bulgarian Olympic Committee. He appeared at the Executive Community by Stefka Kostadinova, though it had been before it was resigned from that of Vesela Lecheva On the grounds that he is too engaged and there is not enough time.

« You know that the football union was in such a position for three years, with two executives. I resigned as a member of the Executive Committee of Vesela Lecheva. But I went to the collection of Stefka Kostadinova’s, as it was very important to vote on the funding for the Winter Olympics in 2026.



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