Eibar will present a budget of 58.4 million euros at today's General Shareholders' Meeting, which will be held from 7:00 p.m. electronically following the indications of the health authorities. However, eight million from the 2019/20 season are transferred to the current fiscal year because seven games were played from the last football season in July. Therefore, it could be said that the real figure is close to 50 million, almost three less than in the previous year (52.9).
Despite the fact that the existing comfortable financial 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 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, which if there is no major surprise will be approved by a large majority, offer a turnover of 47.3 million euros and a profit before tax of 12.6 kilos, compared to the 20 expected in the budget presented to shareholders at last year's meeting.
In addition, from the Ipurua club they have wanted to emphasize that the economic situation of Eibar is good within the general difficulties that affect everyone. The gunsmith club is using part of the profit generated in previous years to face the current situation, although sustainability is not at risk and that 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.
No big news
The meeting is completely ordinary and counts as points to deal with the report of the president, the annual accounts for 2020, the non-financial information statements, the renewal of auditors, the delegation of powers and the requests and questions.
As announced last year, the non-financial information statements are submitted for the approval of its shareholders for the first time. These collect information on the club's policy regarding its business model, people management, internal control systems and corporate integrity, environmental policy, social policies, tax information and its policies regarding suppliers, subcontractors. , customers and consumers.
Based on what is established in international standards, this document tries to offer shareholders, subscribers, fans and other interested agents more information about the operation of the club beyond the cold economic figures.