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Kazakhstan: Counting the Costs of Astana Sports Project

The mystery of how much cash Kazakhstan has been pumping into its flagship Astana sporting project has been solved. Darkhan Kaletayev, a leading light in the project, revealed all as to who gets what. 

The biggest recipient of cash from the coffers of the Astana Presidential Sports Club, set up in 2012 as the umbrella organization for clubs in Kazakhstan's glitzy capital, is soccer's FC Astana, currently enjoying a run in UEFA's Champions League. Barys hockey club and the Astana Pro Team cyclists also receive big bucks from the fund, which is bankrolled by the deep pockets of Kazakhstan’s powerful sovereign-wealth fund, Samruk-Kazyna.

A key supporter of the project is Kazakhstan's President Nursultan Nazarbayev, a keen sports fan who can be seen pumping iron to a rap soundtrack in this promotional video for the presidential sports club.

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Kazakhstan: Counting the Costs of Astana Sports Project

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