Southampton owner Dragan Solak has taken a major step toward expanding his multi-club project.
The Serbian businessman has issued a formal letter of intent to buy Bulgarian giants Levski Sofia.
Solak, the lead investor behind Sports Republic, has been tracking Levski since 2023.
Now, negotiations have moved into an official stage as he pushes to bring the club into his football network.
The move signals his long-term ambition to widen Sports Republic’s global footprint.
Levski Sofia, one of Bulgaria’s most historic clubs, has lifted the national title 26 times.
The club has been open to new investment and appears ready to explore fresh financial backing as it targets a more competitive future.
They have already confirmed Solak’s approach through Bulgarian media outlets.
This potential acquisition would strengthen Solak’s multi-club structure.
It would also link Southampton with another established European side as Sports Republic continues its expansion drive.
The talks now shift toward due diligence and agreement terms, but Solak’s intent is clear.
He wants Levski Sofia as a key part of his rising football empire.
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