Categories: Football

Sevilla will hold the Shareholders' Meeting on December 4

He Sevilla FC SAD will celebrate the Ordinary General Meeting of Shareholders On December 4, an assembly in which the current board of directors will present favorable accounts for approval that will yield a profit of about 3 million euros before taxes and a budget for this season that will widely exceed 200 million euros. euros after the qualification of the team Julen lopetegui for the Champions League.

The board of directors will not respond to the formal request of former president José María del Nido and will not call an Extraordinary Meeting as requested by the latter with the idea of ​​changing the governing body of the company, according to 'Diario de Sevilla', also taking into account that A commercial court issued precautionary measures against the former chief executive, forcing his shares to vote in the same sense or in common agreement with the current president, José Castro, and his own son, vice president of the entity and representative of your share package on the board.

Sevilla estimates that the accounts presented in a difficult year such as the 19-20 year due to the Covid-19 pandemic are very positive despite the fact that the net debt will rise somewhat due to the request for credits to cover payments during the pandemic, in which the club presented an ERTE that affected more than 300 club employees and that forced an agreement with the staff to reduce salaries.

In the future of the entity, the outcome of this judicial and shareholder battle for control of the company between the Castro group and José María del Nido, which had obtained an alliance with the American investor who owns 7.5%, is still pending. of the capital stock.

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.

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