Banking House considers Zenit Sait Petersburg sale

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Banking House Saint Petersburg is likely to sell its 75% stake in the Premier League club. According to media reports Vryemya Novostey. Head of Banking House Vladimir Kogan has recently gone on a selling spree of his property. Media reports says Novostey is trying to fund businesses in the forestry industry and other sectors. Zenit could reportedly find their new bosses in Venshtorgbank or Lentransgaz, a subsidiary of the world’s biggest natural gas company. Lentransgaz owns 25% of Zenit. Gazprom and is engaged in the construction of the club’s new ground. The estimated cost of the new arena is in excess of £4m.