Categories: Football

Atlético prepares a capital increase

Atlético prepares a capital increase so that the club continues to be competitive to the maximum and can overcome the effects caused by the pandemic. The club reported on its website about this decision of the Wanda Metropolitano entity. It points out the following

The Atlético de Madrid Board of Directors, meeting today, has agreed to call an Extraordinary General Shareholders' Meeting to submit for approval a capital increase amounting to 181.8 million euros, with preferential subscription rights for current shareholders.

The purpose of the aforementioned capital increase is to mitigate the adverse economic effects caused by the pandemic on the club's income during this season.da, as well as reducing the level of indebtedness motivated both by the investment in the new stadium and by the acquisition of players to maintain the level of competitiveness of the first team.

Atlético has seen its income reduced considerably this season and the budget suffered a setback due to the lack of income due to Covid-19. Atlético had a budget this season of 325 million euros.

Gabby Barker

Gabby is someone who is interested in all types of sports, she loves to attend watching matches live. Whenever there is a match being played in her city, she makes sure to get the tickets in advance. Due to the love for sports, she joined Sportsfinding, and started writing general sports news. Apart from writing the news, she is also the editor for the website who checks and edits every news content before they go live.

Recent Posts

Isabel Preysler, escorted by her daughters and awarded with the designer Diane von Füstenberg

MUJER HOY magazine is in luck. Firstly, because it has been in the market for…

3 weeks ago

Pedro Sánchez: “Spanish football is unstoppable”

MADRID, 29 Oct. (EUROPA PRESS) - The President of the Government, Pedro Sánchez, has congratulated…

3 weeks ago

“He returned home normally after attacking a 20-year-old woman in a hotel”

The resignation of Íñigo Errejón as deputy and spokesperson for Sumar and his abandonment of…

3 weeks ago

Fernando Alonso: “The car has been transformed into a much better one”

MADRID 27 Oct. (EUROPA PRESS) - The Spanish Formula 1 driver Fernando Alonso (Aston Martin)…

3 weeks ago

the most mature look of the princess on her way to 19 years old

Oviedo 25/10/2024 - 18:58 Autumnal and very cool afternoon in this Oviedo that is about…

4 weeks ago

The 4th Class of the FEB Hall of Fame lives a “magical night” in Seville with its entry

MADRID, 24 Oct. (EUROPA PRESS) - This Thursday, the Morocco Pavilion at Expo92 in Seville…

4 weeks ago