UD Las Palmas prepares to start its machinery in the First Division in July at the Ciudad Deportiva de Barranco Seco with the goal of achieving permanence and never returned to the Second. When there is an economic crisis, Las Palmas is always in good shape and unemployment in the islands is double digits. How can that gear be maintained in the First Division? Without breaking the procedure implemented in LaLiga Smartbank in the season that ended on May 27, 2023 based on the youth academy.
The UD Las Palmas with a small cash margin to work in the transfer market: the money available for players whose contracts are not renewed, salaries from expired assignments and 3 million euros is what you have at the bottom of the pot. “Whoever said that we only have 3 million to make the team is lying, I explain it clearly”, said the president of UD Las Palmas, Miguel Angel Ramirez.
One of the axes of staying in the Primera is don’t scrap the yellow team quarry. No players have been sold yet so the LaLiga Smartbank squad is not in doubt to consolidate their permanence in the First Division.
The yellow team wants to combine with their squad. This is the result of the commitment to the quarry. With LaLiga Smartbank always there was an average of 8 or 9 Canarian players in matches. With the contracts it has yellow players in the First Division, with First Division salaries, whatever comes is to complement the island team.
Las Palmas in LaLiga Smartbank has a budget of 27 million euros. In Primera promotion, yellow accounts are few: a drop of 45 million euros throughout the nine months from LFP; advertising 12 million euros; box office 3 million euros. No money was received from the transfer of Pedri to FC Barcelona, was €5 million pending. Fertilizers, 5 million euros.
Paper money. From the initial budget of 75 million euros, it increased to 70 million. Of that number, 5 million UD Las Palmas will go to the LFP. The collective and individual bonuses, the individual prizes and all the money for the transfer of the players and that they will receive in the event of the promotion, is 10 million euros. If the yellow club is worth 27 million in LaLiga Smartbank, there are 54 million in Primera. Among these costs are the improvement works at the Gran Canaria Stadium in the amount of 3 million euros.
Logistics. Charter flights to the Peninsula or doubling the player’s salary are automatically doubled. Of the 54 million, the club is worth 52 million euros and it has 3 million euros left for transfers with the remnants of players who left. Marvin’s purchase option is 2 million for 50% of his ownership.
The president of UD Las Palmas, Miguel Angel Ramirezmade it clear that the goal is permanent but “we have to give a lot of value to the points gained through draws” because “we cannot be in the First Division what we want to be in the Second Division” because “now we belong to the best in the world of football ” and “all we have to do is join a lot of humility scratching point by point” and “making the Gran Canaria Stadium a real fortress”.
One of the least thrashed teams in LaLiga Smartbank thanks to the discipline of the fans and the team. One of the axes is yellow quarry which, according to official data from the yellow club, has a value of 283 million euros in March 2023. In the preseason, which starts on July 10, coach García Pimienta will have five new options to work with.
Source: La Verdad
I am Shawn Partain, a journalist and content creator working for the Today Times Live. I specialize in sports journalism, writing articles that cover major sporting events and news stories. With a passion for storytelling and an eye for detail, I strive to be accurate and insightful in my work.
