Del Nido: “We’re back to ‘we don’t have enough balls’”

José María del Nido Benaventeformer president of Seville and largest individual shareholder of the entity of Nervión, strongly criticized the current board of directors led by his son for signing a financial operation consisting of a credit of 108 million euros to alleviate the losses experienced in last three exercises, a total of 85.5 million despite the fact that the club has achieved historic profits from participation in the Champions League and the achievement of two Europa League titles (2020 and 2023).

All this at the doors of a new Extraordinary Shareholders’ Meeting, which will be held next Monday, the 18th, requested by Of the nestwhere precisely one of the points put to a vote is the clear prohibition of the council in carrying out credit operations.

The former president, who continues to describe the current members of the board as “squatters”, assures that the request for this loan is proof of the “economic breakdown” in which these managers have led the club, a incident that he warned. since 2021.

Of the nest ensuring that the Seville returned to “we don’t have enough balls”, recalling an old phrase explained by managers before he entered the presidency, at the end of the 90s and the beginning of the century when the Seville suffered its last relegation. Furthermore, he explained that the operation was carried out “with premeditation and treachery” because it was signed a few days before the Shareholders’ Meeting where they will definitely vote to prohibit the board from contracting any credit without the consent of Meeting.

The statement spread by the former president on his social media profiles is as follows:

“In October 2021, I already announced that the accounts of the club were broken and the squatters rushed at me, calling me a doomsayer, a tremendist and that I have a great desire for power. The time, unfortunately- luckily, I was proven right. I know from the cows I plowed…

There is no one more blind than the person who does not want to see and cover up with sporting achievements a disastrous economic management that has doomed us to the situation we are living in today.

They are trying to “sell” us that COVID has had a negative impact of 75 million on club accounts when the negative impact is exclusively the fault of the current COLLECTION Council. Clubs with smaller budgets than us profit from these trainings.

The statement of the squatters states that “This is an operation that allows the entity to not have to use capital increases.” Unfortunately, in the end I was right when I said that the club was due for dissolution and that we would be forced to do a capital increase.

They sell the signing of a loan of 108 million euros as a success and the financial consolidation of the entity and not as what it is: that we are in complete ruin and we are back to “we don’t have enough money.” and they had to screen the future of the entity. We are run by a management committee that is useless and at one time earns what they would earn in 10 years practicing their professions. No wonder they cling to their seat despite the club’s destruction.

They do all this with hypocrisy and treachery, signing the loan before the General Shareholders’ Meeting that I called with a point that forbids them to request credits of more than 1 million euros without permission from the Meeting. That point may prevent them from continuing to receive astronomical salaries that are beyond their means.

A club with no approved annual accounts, no approved Council management, no auditor and endless bullshit. THEIR POCKET HURTS, SEVILLA FC HURTS ME,” he concluded.