Club news

ADMINISTRATION: ACCOUNTING DIFFERENCES

ADMINISTRATION: ACCOUNTING DIFFERENCES

06 Mar 2013
The latest report from the administration presents big differences with the information presented in the financial reports. The indebtedness is almost the double, and the assets the half of the official amount. The club protested the information.

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ADMINISTRATION: LENDOIRO WINS A BATTLE

ADMINISTRATION: LENDOIRO WINS A BATTLE

05 Mar 2013
President Lendoiro will continue involved in the financial decisions of the club; judge García Pérez rejected the petition of the club’s administrators, which pops up a conflict between CRYEX and the board of directors.

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FOUR MORE YEARS WITH LOTTO

FOUR MORE YEARS WITH LOTTO

02 Mar 2013
The club announced on Friday the renewal of the contract with Lotto Sports Italia; it was ruling out in the summer and it was extended until 2017. The Italian company will continue to provide the kits for the teams of Deportivo.

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ADMINISTRATION: THE RESPONSE OF LENDOIRO

ADMINISTRATION: THE RESPONSE OF LENDOIRO

27 Feb 2013
The club presented allegations to the judge about the previous report of the administration ruling Deportivo; Lendoiro assures that the debt with the treasury is only 58 million Euros and not 93. They also are opposed to other three measures.

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GOOD-BYE TO NAYA

GOOD-BYE TO NAYA

20 Feb 2013
José Luis Naya, the speaker of the Riazor for the past 44 years, decided to retire two weeks ago. He talked to reporters and explained that he’s leaving the job due to health problems. With him part of Depor’s history is leaving.

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TV INCOMES: THE QUEST FOR DEPOR’S MONEY

TV INCOMES: THE QUEST FOR DEPOR’S MONEY

18 Feb 2013
Deportivo finally got the €10.6 million from the TV incomes of the present season, but the club is also hoping to rescue the €14 million that were sequestered in 2012. Another €1.4 million were already cashed, plus the ticket incomes of the game Vs. Real Madrid.

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ADMINISTRATION: QUESTIONING LENDOIRO

ADMINISTRATION: QUESTIONING LENDOIRO

18 Feb 2013
The initial report of the administrators point out that Deportivo’s debt is 63% higher of what was previously reported by Lendoiro. For this reason they are requesting to separate the president for the financial decisions made at the club.

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FINANCIAL RELIEF FOR DEPORTIVO

FINANCIAL RELIEF FOR DEPORTIVO

24 Jan 2013
Judge Zulema Gento lifted the embargo that was crushing the club, but just partially. The Spanish Treasury protested the measure. Depor collect €10.6 million that will help the club to pay the overdue debt, starting with the players’ wages.

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OFFICIALLY IN ADMINISTRATION

OFFICIALLY IN ADMINISTRATION

15 Jan 2013
Deportivo is officially in administration after the judge that’s managing the case accepted the petition made by the club on last week. She also named the administrator that will be in charge of the club: Francisco Prada.

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