FK Crvena zvezda, a privately owned entity headquartered in Serbia, was founded in 1945, employs approximately 200 individuals, and operates as a professional Serbian football club specializing in spectator sports.
Augsburg signed South Korea international Seol Young-woo from Red Star Belgrade on August 27, completing a contract running until June 2030, which the Bundesliga club stated adds a versatile option to their flanks. Earlier on August 25, Crvena zvezda signed 18-year-old Jeonbuk Hyundai prospect Kim Ye-geon to a five-year deal. Previously, on August 17, Greek side Olympiacos was reportedly nearing a €5 million transfer for Armenian international Nair Tiknizyan from Crvena zvezda. The clubs had reportedly reached a verbal agreement for the 27-year-old left-back, with only a performance-related bonus still pending. This followed reports on August 15 that negotiations for Tiknizyan, a defender for Red Star Belgrade and the Armenia national team, were in final stages for a deal potentially valued at €5 million plus an additional €2 million in bonuses.
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