Eibar will present a budget close to 50 million euros at the General Meeting of Shareholders on December 3, almost three million less than in the previous year. Despite the fact that the patrimonial situation will allow not to touch salaries or investments in future projects such as the sports city in Areitio, the armory entity, in the mouth of its president Amaia
Gorostiza and its CEO Jon
Ander
UlaziaYes, it has recognized that there will be cuts and that the estimated income has been reduced by 10% due to sponsors and the adjustment in audiovisual rights and the increase in VAT and personal income tax.
All in all, the accounts to be submitted for approval offer a turnover figure of 47.3 million euros and a profit before tax of 12.6 million euros, compared to the 20 foreseen in the budget presented to the shareholders at last year's meeting. However, they emphasize that eight million of the 2019/2020 season are transferred to the current fiscal year because seven games were played last season in July.
Gorostiza Y Ulazia They wanted to emphasize that the economic situation in Eibar is good within the general difficulties that affect everyone. The gunsmith club is using part of the profit generated in previous years to deal with the current situation, although sustainability is not at risk and is the main priority. They understand that the best insurance to maintain business figures in the future is to continue competing in the First Division.