Kilo will invest one million euros in Žalgiris

2025-11-17 19:22 © fkzalgiris/E. Žaldario

During the extraordinary general meeting of the shareholders of the Vilnius football club "Žalgiris" (hereinafter - the Club), the approval was given for the strategic partner - the "Kilo" group of companies - to join the club's shareholders. "Kilo" is proposed to acquire 10 (ten) newly issued shares of the Club for 1 million euros. After acquiring the newly issued shares, "Kilo" will own 42% of all Club shares. The investment agreement is expected to be signed later this week.

According to the company, the goal of the partnership is to help the legendary Lithuanian football club become successful internationally and, by creating a self-sustaining sports business, to enhance the capabilities of the adult and academy teams of FK "Žalgiris". The investment will help the Club's management ensure financial stability, while "Kilo" will contribute by applying the latest technologies and sharing innovation development experiences. As an investor, "Kilo" expects that the Club will be staffed with top-level managers and that its activities will be open and transparent.

Decisions related to the Club's sports activities and results will be made by the Club's management, while the wellness solutions created by the "Kilo" group of companies will be able to assist players in maintaining their health.

Chairman of the Board and co-founder of the "Kilo" group of companies, Tadas Burgaila, says that the global marketing knowledge and experiences in creating international brands accumulated by "Kilo" will enable the Club to work towards ambitious plans for the development of sports business.

"Our investment marks a new stage in the Club's history and provides an opportunity to develop health, sports, and technology partnerships. Our goal is for the club to be strong and capable of generating revenue independently and to use the funds obtained for strengthening the team and developing infrastructure. By getting involved in the club's activities, we believe that together we can create a modern football club that people live for, enjoy, and take pride in both in Lithuania and Europe,” says T. Burgaila.

According to the Club's director, Mindaugas Kasperūnas, attracting a strategic investor is a step towards a football club that not only strives for sports results but also creates value for the city community.

"We are pleased to have a long-term partner who will contribute to a common vision for "Žalgiris" to become a Club with a capital letter - our club, our pride, our future. This is not only a sports value but also a connection to the city's identity. Sports, wellness, and community are values that align with our and "Kilo's" mission. We need partners who want not only to watch football but also to renew management, attract partners, and help move to the next level,” says the club's director.

According to M. Kasperūnas, this partnership marks a new stage for Vilnius "Žalgiris," where the club begins its transformation into a more modern, sustainable organization in terms of management and financial oversight.