“We are pleased to welcome our new partner, Balance Asset Management.

The company will focus on creating an investment product based on the club's real estate complex," CSKA said in a statement on its official website.

The army team also thanked VEB.RF for the comprehensive support of the club in one of the most difficult periods in its history and noted that the corporation allowed the red-blue to gain financial stability and opened up prospects for further growth.

It is noted that the sports direction of activity remains unchanged - under the control of the president of the club, Evgeny Giner.

Earlier, former CSKA goalkeeper Sergei Chepchugov called the favorites in the Russian Premier League (RPL).