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MOSCOW, Sep 25 CSKA announced on its official website that the company » Balance Asset Management became a new strategic partner of the football club. Previously, the club was owned by the state corporation VEB.RF, following the transaction, 77.63% of the shares were transferred to Balance Asset Management. «We are grateful to VEB.RF for the comprehensive support of our club in one of most difficult periods in its history. Such a reliable and powerful partner has allowed the club to gain financial stability and opened up prospects for further growth. Together with VEB.RF, we will continue to develop important social projects aimed at popularizing sports, a healthy and environmentally friendly lifestyle. We are also pleased welcome our new partner — Balance Asset Management. The company will focus on creating an investment product based on the club's real estate complex,» the statement said. The club emphasizes that the sports direction Operations will remain under the control of President Evgeny Giner. VEB.RF Corporation has been a strategic partner of CSKA since April 2020.