Burgaila Comments on Taking Ownership of Žalgiris
News Context
At a glance
- On November 27, 2023, it was announced that Vaclav Burgaila has become the new majority owner of Žalgiris Kaunas, a leading Lithuanian professional basketball club competing in the...
- Reports from 15min.lt and LRT confirm the sale and Burgaila's subsequent comments regarding the decision.
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Žalgiris Ownership Change: Burgaila Acquires Majority Stake
Table of Contents
What Happened?
On November 27, 2023, it was announced that Vaclav Burgaila has become the new majority owner of Žalgiris Kaunas, a leading Lithuanian professional basketball club competing in the EuroLeague. The shares were sold by previous owners Venslovaitienė and Nikoličius.This transfer of ownership represents a major change for the club, wich has a rich history and a dedicated fanbase.
Reports from 15min.lt and LRT confirm the sale and Burgaila’s subsequent comments regarding the decision.
who is Vaclav Burgaila?
vaclav Burgaila is a businessman whose background and previous ventures are currently under