Club news

ADMINISTRATION: DARK DAYS FOR DEPORTIVO

ADMINISTRATION: DARK DAYS FOR DEPORTIVO

08 Jul 2013
Many doubts and nerves between the fans regarding what’s going on at Deportivo. There are confusing and contradictory reports about the administration process and some people even fear about a possible disappearance.

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ADMINISTRATION: ULTIMATUMS & AGREEMENTS

ADMINISTRATION: ULTIMATUMS & AGREEMENTS

03 Jul 2013
A final agreement with the creditors, an ultimatum from the administrators, in resume a convulse day in A Coruña. There also tension with the situation at the subsidiaries, though Lendoiro tried to chill out things.

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LENDOIRO: “DEPORTIVO WON’T DISAPPEAR”

LENDOIRO: “DEPORTIVO WON’T DISAPPEAR”

03 Jul 2013
Depor’s president faced the media after the ultimatum sent by the administrators; he defended the work done so far and assures that nothing will happen, basically because there’s enough money to face the club’s obligations.

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MEETING WITH THE CREDITORS

MEETING WITH THE CREDITORS

28 Jun 2013
The LFP and the AFE led a meeting with the creditors in the quest to reach an agreement that’s the keystone in the administration process of Deportivo. The meeting took place in Madrid and was possible thanks to Javier Tebas.

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THE NEW FINANCIAL FAIR PLAY RULES

THE NEW FINANCIAL FAIR PLAY RULES

26 Jun 2013
The financial fair play arrives to la liga as the LFP will impose rules starting on the new season; the clubs can’t have debts with the players or with the Tax Agency, while only the 70% of the incomes can be invested in the first team.

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LENDOIRO: “NOTHING WILL HAPPEN ON JUNE 30”

LENDOIRO: “NOTHING WILL HAPPEN ON JUNE 30”

25 Jun 2013
A furious Lendoiro assured that nothing will happen to Deportivo at the end of the month, this after the media published articles in which it was hinted that the relegation to Segunda B was possible in case of not paying the players’ wages.

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ADMINISTRATION: KEY MONTH FOR DEPORTIVO

ADMINISTRATION: KEY MONTH FOR DEPORTIVO

22 Jun 2013
Within the next 30 days Deportivo must solve two crucial issues for the survival of the club: to reach a final agreement with the creditors, basic point in the administration process, and also to solve the unpaid wages with the players.

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THE RELATIONSHIP WITH THE TREASURY

THE RELATIONSHIP WITH THE TREASURY

22 Jun 2013
Deportivo owes €93.7 million to the Spanish Treasury, the relation was tense before, but now it seems more fluid. The main inquiry right now is if the government will accept to collect the money in twenty years.

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THE RELATIONSHIP WITH THE BANKS

THE RELATIONSHIP WITH THE BANKS

22 Jun 2013
One of the two keys to settle the agreement with the creditors is the relation with the banks; a recent report affirms that within the last decade Depor have paid €74 million to two banks in terms of capital repayment plus interests.

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