Czech billionaire Tykac to buy soccer club Slavia Prague from CITIC

Pavel Tykac, owner of Sev.en Energy Group, poses for a photo at the company's headquarters after an interview with Reuters in Prague, Czech Republic, May 4, 2023. REUTERS/Jan Lopatka/File Photo

PRAGUE (Reuters) -Czech billionaire Pavel Tykac will buy top-flight domestic soccer club Slavia Prague from Chinese investment group CITIC, he and the team said on Thursday.

Tykac, owner of the Sev.en energy and investment group that have been expanding globally in recent years, said he had signed an agreement with CITIC to buy one of the country's biggest clubs along with the Eden stadium it plays in.