3 hours agoPainful: Legendary European Club on the brink of bankruptcy
Periskopi(6 years ago)
(6 years ago)Coronervirus' uncertainty will significantly affect the worsening financial situation in many European clubs. Among them is Anderlecht, the Belgian team that is experiencing major monetary losses and may lead to bankruptcy. The club has decided to cut wages and expenses as much as possible. [...]
Among them is Anderlecht, the Belgian team that is experiencing major monetary losses and may lead to bankruptcy.
The club has decided to cut wages and expenses as much as possible.
Captain Vincent Company, who has spoken to all Anderlecht players, has also been involved in this process to persuade them to give up some of their salaries, bringing in the club up to 2.7m euros.
Anderlecht reportedly has a 100m-euro debt, and the cause of the current situation, debt could increase further.
Anderlecht is the most trophy team in Belgium, winning 34 times the league.
