The economic situation of the Granota club shows losses of twenty-three million euros in the 20-21 financial year and now it is obliged to sell players for a value of 10.5 million before June 30.
Levante relegated to Second Division
The Levante will receive from LaLiga around eighteen million euros in aid for descent after going down to Second divisionsources from the Valencian club confirmed.
Although the exact figure has not been made public and the forecast was somewhat lower, the Levante he will receive around that amount to compensate for the loss of income, mainly in television rights, by losing the category.
The economic situation of Levante shows losses of twenty-three million euros in the 20-21 financial year, now it is obliged to sell players for a value of 10.5 million before June 30.
However, the sporting director of the Levante, Felipe Miñambresassured two weeks ago that they had sufficient capacity to register the twenty-three players with a valid contract.
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