The absence of Seville in European competitions caused the club’s income to fall. Nervousthat the board of directors, in the middle of a judicial battle with José María del Nido Benaventewill present a historic deficit of 81.7 million euros at the next Ordinary General Meeting of Shareholders. This is an alarming figure that is largely given by the fall in competition income, in particular Champions Leaguethe reduction in television revenues as a result of declining television ratings League and the policy of terminating players with current contracts, as well as the costs incurred by terminating coaches.
The nearly 82 million euro losses are added to the negative figures of the three previous years (19.3 in the previous year, and 24.8 and 41.4 in the previous ones), resulting in Seville It has accumulated a deficit since the 2020-21 financial year of more than 167 million euros, with negative own funds of more than 65 million.
The viability of the company, however, is supported by a loan of 108 million euros signed by the council. Goldman Sachs and the governing body that governs Jose Maria del Nido Carrasco used as support along with a clear cost reduction policy, especially in the professional workforce.
He SevilleIn addition, he had already received an important blow when he published recently LaLiga the list of salary limits, with the Andalusian club in last place not only in the teams of Firstbut also Second.
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.
