Athletic will propose to its members in the Ordinary Assembly to be held on the 29th the extension of the funding limit from 10%, as established in the Laws, to 25% of the final expenditure budget, always with a series of safeguards, According to the treasurer, Guillermo Ruiz-Longarte in an explanatory video. “The greater the volume of income and expenses, the greater the balance, and the greater the accounts to collect and pay. Therefore, the club must have a margin of maneuver to be able to act in environments where money is needed ,” he assured. The manager made it clear in this proposal that absolutely nothing was “sold or taken or mortgaged.” . “Flexibility is only given to what is the normal performance of the club’s activity,” he added. Having financing “doesn’t mean it will be used, but if necessary, it will be used.”
“That is capacity and that is speed. In the football market sometimes there are sales, purchases or leverage operations that are triggered in a very short time and do not necessarily coincide in time with each other. That is will give a very wide margin of action . important,” he explained.
The two safeguards that will be included in the proposal are, on the one hand, “the usual activity” of the club and, on the other hand, that “if it exceeds 10% it must be justified.” “Profitability or liquidity are just tools for the growth of sports,” he argued. Ruiz-Longarte.
On the other hand, the manager Gorka Cubes explained the proposal for the new dues for 2025, which aims to “correct some imbalances in our dues structure, without seeking to earn more in the short term and without increasing the annual dues paid for by our existing members.” It is a “future” proposal that “remedies the differences between similar locations, it involves a gradual, proportional and long-term restructuring” of the value of the locations “without affecting the structure of the dues of existing members.”
“We want each member to pay according to the location they occupy,” he emphasizes. cubes.
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.
