Saturday , June 19 2021

Rival of the crisis of the upper cock and more than $ 100 million in debt due to the reform of the stadium



Opponent of Atletico M.G. in the group phase of Copa Libertadores, Nacional, Uruguay, has a difficult time with regard to finance. The club's debt already exceeds $ 30 million ($ 115.1 million). Figures that are considered high are thanks to the rare sale of athletes and the reforms at the Grand Park Central Stadium, the venue of the evening game.

The stadium was renovated and reopened in 2018. The capacity was 26,500 supporters, and today the seats and stands have 36,400 people. What disturbed the club was the cost of doing things. The budget exploded, and the Uruguayans had to borrow under the leadership of former President Jose Luis Rodriguez between 2015 and 2018. More than $ 6 million went to the accounts this way.

Another negative aspect was the low number of sales of athletes. On the last window, the club only got a deal. Defender Eric Cabaco left Montevideo to defend the Levante Levante for 2m euros (8.6m euros at the current price).

Without money in hand, the new leadership, led by Jose Decurene, brought a cost-cutting policy. The first act was to reduce the payroll. By December last year, the club paid $ 1.2 million a month for wages. Today, the cost is US $ 800,000 (R $ 3m).

The amount spent by the club with pay is three times lower than the one paid by Atletico. Gallo, today, spends about $ 10 million a month on the salaries of athletes and members of the football department.


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