MOSCOW, Mar 25/Prime Lokomotiv football club is not for sale, the ownership structure of the club within the Russian Railways holding will be changed, the company reports. «The Lokomotiv football club is not for sale. The government document refers to a change in the ownership structure of the club within the Russian Railways holding,» the message published on the holding's official Telegram channel says. Russia, which was published on Friday, the Cabinet of Ministers agreed with the proposal of the Ministry of Finance to alienate RZD 100 nominal shares of Lokomotiv, which is 0.0015% of its authorized capital, by contributing them as payment for an additional issue of shares of the RZD Asset Management joint-stock company at a price not lower than the market price, determined on the basis of an independent appraiser's report, and not lower than the book value. In order to streamline the assets, the shares of JSC Football Club Lokomotiv are being contributed to the authorized capital of a subsidiary, JSC Russian Railways Asset Management, the Russian Railways concluded.
