Atlético prepares a capital increase that will mark the future of the club

Simeone will not direct from the band Metropolitan their players, the goals of Luis Suarez, the quality of Koke or the stops of Oblak, but this Friday there is an important match at the mattress stadium. Without the ball in between, they will play with the accounts of a club that needs an economic injection to continue fighting among the great giants of the continent.

The appointment will be a general meeting of shareholders in which a capital increase for a value of 181.8 million euros will be dealt with. This action is a priority so that in the next few dates they can carry out signings of proven quality or even the renewal of Cholo Simeone.

The coronavirus crisis has notably damaged the coffers of all European clubs and the Athletic It has not been less, so it is trying by all means to reduce the level of debt created by the investment in the Metropolitan and after the signing of top-level footballers.

Facing the general meeting of shareholders the new society created is key, Athletic Holdco, where have their shares transferred Miguel Ángel Gil Marín and Enrique Cerezo respectively. The first has 46.68% of the club and the second with 15.21%.

To maintain this position, both the CEO and the president of the club have closed an agreement with an American investment fund, according to the specialized media. 2Playbook. The new partner would contribute most of the 112 million euros they would need to maintain their position in the Athletic. The third largest shareholding group would be in the hands of the Israeli fund Quantum Pacific Group, which has 32% of the entity.

Regarding the losses that have occurred in the 2019-2020 campaign, marked by the coronavirus, the mattress makers close it with a negative figure of 1.78 million euros as revealed 2Playbook. Selling Thomas, the assignment of Morata and the 13% salary cut minimized a debt that is mainly due to franchises of Mexico and Canada.

Thus, it is necessary to wait for the approval of a capital action that would provide an important financial muscle to the entity to reduce the debt and thus have a greater margin of maneuver when making signings such as that of Rodrigo de Paul.

June 24, 2021 admin

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