One billion drams from Noah to the Vagharshapat community

1 Billion Drams to Vagharshapat: Noah Purchased Land for 688 Million Drams and Donated 312 Million Drams to the Community․
 

As previously reported, the Government of the Republic of Armenia approved the investment project presented by FC Noah for the development of sports infrastructure in Vagharshapat — including the construction of a stadium and football academy facilities.
 

Following the approval by the Vagharshapat community council, a purchase and sale agreement was concluded between the community and FC Noah for a 23.8-hectare land plot. FC Noah paid approximately 688 million drams for the property.
 

Today, FC Noah and the community signed a donation agreement, under which the donated funds will be used for the development of community infrastructure. According to the agreement, FC Noah donates around 312 million drams to the Vagharshapat community.
 

Thus, in total, FC Noah has contributed 1 billion drams to the Vagharshapat community.
 

Following the acquisition of the land, FC Noah President Vardges Vardanyan stated:
 

“This is the next step toward our dream. We will continue to share all our progress with the football community. We are grateful to the Vagharshapat community for the close cooperation. Forward to new goals!”