Shareholder movement in Dépor: “We have just been robbed of the club”

The former legal advisor of the Sports Germán Rodríguez Conchado, who performed that function with Augusto César Lendoiro as president, he assured this Tuesday in the Club Shareholders Assembly that, with the capital increases that will place the financial institution Abanca As the main partner, the rest of the owners have “just been robbed of the club”.

“Abanca alone, without anybody, will be able to do what she wants. Everything she wants. We don't paint anything. Not even the Council paints anything. The one who will have to decide who is going to be is the Abanca Council, “he assured. The financial entity becomes the owner of the Galician club, controlling 78% of the share capital.

Conchado, who also ran in the past as president of the entity, assured that “114 years of club history are over today
which has belonged to the partners. “

The lawyer considered that “this decline has not been started by these gentlemen”, referring to the current council, which “has simply put the icing on the cake”, but the former leader Tino Fernández.

“This started with the unfortunate capital increase of Tino Fernández that ended in 2017. From then on the club began to be, was, six people. The rest, all of you who are here and those who are not, had to conform. Those same six people have decided that this is Abanca“, Held.

Conchado warned that this was “a fraudulent capital increase “ which was based, he said, on the “manipulation of the accounts to justify it” since, according to their numbers, Deportivo owes 56 million euros less.

He also announced that those numbers that he presented to shareholders in the Assembly He will make them available to the court this Wednesday, where he has also denounced the capital increase that he criticized.