Celta will present a budget of 107 million euros

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He Celtic of Vigo will present, to General Meeting of Shareholders next Wednesday, November 20, a budget of 107 million euros for the 2024-25 season, after closing last year with a loss of 7.7 million euros despite an increase in its income to 114 million.

Some red numbers motivated, in particular, the payment of compensation for contract terminations led by the entity. Marian Mourinho especially the technician Rafael Benitezthe sports advisor Luis Campos and the former financial director, María José Herbón.

This is the second season in a row, and the third in four years, that the Galician club has finished in the red, although for the moment it continues to be debt free.

The nearly 8 million allocated to pay compensation includes payment to players Gonçalo Paciência, Julen Lobete, Kevin Vázquez, José Fontán, Miguel Baeza and Lautaro de Leónwho left the club this summer because they didn’t count for the coach Claudio Giraldez.

He Celtic It only projects three million euros in the purchase of football players, and to balance its accounts and not show losses in the current year it will need to make sales worth 34 million euros, according to the forecast of economics department.

Source: La Verdad

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