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27th May, 2025

Garancsi offers football club for Ft 1


The public feud, ongoing for years, between government-favoured construction mogul István Garancsi and Székesfehérvár’s Fidesz mayor András Cser-Palkovics has reached a new level in a dispute over the town’s football club.
Garancsi has offered to sell the club, known as Videoton, for one forint.
Cser-Palkovics, an enthusiastic fan of the club, earlier took a stab at Garancsi who by his own admission does not like soccer, and yet he has been the club owner for nearly 20 years.
Initially he was a rather successful owner but the team has been disintegrating for a few years, 444 writes.
The team narrowly avoided relegation from the top tier last year after chief sponsor MOL ended its support, but did not manage to avoid the drop this year.
Cser-Palkovics posted on Facebook on Saturday that if Garancsi cannot manage the club well, then he had better sell it.
Garancsi then issued an open letter to the mayor on Monday, pointing out that the club has won several championship titles under his ownership.
He also complains that fans make personal remarks rather than phrase objective professional criticism, and states that “I have not heard any professional criticism either from you or from the fans, only about the persona of the owner”.
Garancsi declared that he is offering the club to the city for Ft 1.
He went on to threaten Cser-Palkovics that he will not even nominate the club to the football league’s Division Two, if the city does not make a move.
Pointing out that the deadline for registration is June 6, Garancsi wrote “I no longer wish to make a decision, and so I recommend the earliest possible conclusion of the contract of sale and purchase”.
444 recalls that when MOL withdrew its sponsorship in 2023, three of Garancsi’s companies also ended their support.
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Sources regularly consulted, with abbreviations used in text: Népszabadság (N); Magyar Hírlap (MH); Világgazdaság (VG); Napi Gazdaság (NG); Magyar Nemzet (MN); Népszava (Nsz); Kossuth Rádió news (KR); nightly TV news (TV).
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