Krasava ENY Ypsonas targets private investors under five-year development plan
Chairman Yevgeny Savin outlines two €1.5 million funding rounds as Krasava ENY Ypsonas seeks to develop its facilities, academy and squad.

Ypsonas, Cyprus. Krasava ENY Ypsonas chairman Yevgeny Savin is applying an entrepreneurial approach to building the football club, with a five-year strategy combining sporting development and financial sustainability. In an exclusive interview with the Cyprus Mail, he outlined plans to secure private investment while strengthening the club’s local connections.
Two planned investment rounds
Savin said the club had a clearly defined schedule for investment rounds and was currently seeking €1.5 million. Its initial fundraising round is scheduled for December, with another €1.5 million round planned for spring 2027.
The second round is intended to finance improvements to sporting infrastructure, including a training base and the academy.
Established in Russia in 2021, the club moved to Cyprus the following year. It is developing both its football and commercial activities in Ypsonas, where Savin wants to build closer community ties alongside efforts to bring in international investors.
Private funding and shared decision-making
Savin contrasted the club’s approach with financing arrangements he had experienced in Russian football, where money frequently came from the state or institutions connected to it.
“Our principles are absolutely different. We are focused on private investment, and we are completely open about our funding,” he said.
He explained that the business model envisaged several investors, rather than one person controlling decisions, making a clearly established development strategy necessary.
Facilities before league ambitions
The five-year strategy connects the development and transfer of players with infrastructure investment, expansion of the youth academy and lasting financial stability.
Savin identified infrastructure as the immediate priority. Academy improvements and squad development would follow, ahead of an attempt to secure a top-six league position.
He warned that clubs could not survive without an academy and a training base, underscoring the importance he placed on those foundations before pursuing results on the pitch.
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