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Chapter 187 Debt Crisis

April Fool's Day in Spain is not April 1st as everyone thinks. It is April Fool's Day in the West, but not in Spain.

April Fool's Day in Spain is on December 28th every year, also known as "Holy Innocents Day". Anyone who lies on this day is a holy innocent person and does not need to be condemned or justified for what he said.

Every word is responsible.

So everyone will rack their brains to make up all kinds of harmless lies, hoping to successfully deceive others in the cheerful atmosphere of the festival.

And on this day, even the media will get involved.

When you turn on the newspapers and TV that day, you will find that the news reported in the media seriously is ridiculous.

So when many people saw the news that Getafe was in deep economic crisis, their first thought was "April Fools' Day, right?"

But when I thought about it again, it wasn't right. April Fool's Day is December 28th, and the closest time to now was just over a month ago, so the time doesn't match up.

I haven’t heard of any media that plays an April Fool’s Day trick again after a month?

What's more, a newspaper like "La Castilla" has a good influence in the Madrid area.

In Madrid, although "La Castilla" is not as good as "Marca" and "As", as a non-professional comprehensive newspaper, they still have wide coverage and great influence. How can such a newspaper

Is it possible to make such a mistake?

So there is only one answer - everything mentioned in this feature is true!

Getafe Club is really in economic crisis!

But...how is this possible?

From the outside, there is no sign of an economic crisis in Getafe.

But if you look carefully at this report in the newspaper "Castilla", you will find that their words are so conclusive and full of evidence that there is no reason not to believe them!

They mentioned that since last summer, the Getafe club has invested very little in the transfer market.

Getafe, the winning coach, introduced six players in the summer including Senna, Charisteas, Mista, Yaya Toure, Luis Garcia and Balzaretti. It looks like a lot, but in fact

Senna was brought in for free, and Luis Garcia and Balzaretti were simply rented. The only ones who really spent money were Charisteas, Mista and Yaya Toure.

These transfer fees can be found and are not a secret. Charisteas spent 250,000 euros on Getafe Club, Mista’s most expensive was 700,000. Yaya Toure was just a mere

Fifty thousand euros.

The total is only one million euros.

Such expenses are relatively small for a second-tier team.

Not to mention that Francisco Flores didn’t even give him the one million euros. Chang Sheng earned it by selling out the players in the team, causing Chang Sheng to lose all the main players in the team from last season.

They were all sold at cabbage prices.

Then during the transfer period during the winter break, Getafe made no move in the transfer market. Although Getafe ranked first this season, their lineup is very strong and complete.

But won’t there be problems with the team’s physical fitness in the second half of the season? As the head coach, doesn’t Chang Sheng know how to prepare for this? How about strengthening the team’s bench lineup?

He sold several of last season's main players, and the players he added are all main players. There are basically no changes to the bench, and he expects these people to last for one season? I'm afraid it's a bit fanciful, right?

Is Chang Sheng unexpected?

I'm afraid it's not that simple. He can bring a bad team like Getafe to the first place in the league. Doesn't he have such ability?

So the only reasonable explanation is...Getafe Club has no money! Flores can no longer invest money to help the team sign up, so Changsheng can only act as a spectator in the busy winter transfer period.

In addition, "Castilla" newspaper also exposed a shocking news, claiming that Getafe owed a large sum of money to the bank during the wave of restructuring. Now the debt is about to mature, and Getafe is now

Obviously you can't afford such a large sum of money.

The "Castilla" newspaper did not disclose the specific amount, but vaguely stated that it was an astronomical sum that even if Getafe sold all the players, it would not be able to repay it.

If the Getafe club cannot repay the money before the debt is due, then Getafe will face three consequences.

1. The bank took back the ownership of the club because Flores used the Getafe Club as a mortgage and pledged the loan to the bank. This money helped him pay off the debt for purchasing the club's shares. At the same time,

The remaining balance is used to invest in the club as operating and transfer funds. Now that neither he nor the club can afford to repay the money to the bank, then the bank will have to fulfill the contract and take the club into its own hands.

Of course, banks are not interested in running a football club at all, so after acquiring Getafe Club, they will only freeze the club's accounts and transfer transactions and other financial activities, and then find a new owner for the club, as long as they can afford it

You can use your money to bid for Getafe Club.

Second, Flores directly filed for bankruptcy of the club, using this approach to get rid of the huge debt he was burdened with. However, the result of this is that Getafe will definitely not be able to continue to stay in the second division, and promotion to the first division will not be possible.

It will become a dream come true. Due to bankruptcy, they will be disqualified from participating in the second division league by the Spanish Football Federation and will be relegated to the second division b league.

This is considered a good result. The worst result of choosing this approach is that the team's finances completely collapse, the team is bankrupt and reorganized, and all players' contracts with the club are automatically terminated. Of course, they can choose to stay, but the club is

There will be no money to pay them wages, so 99% of them will choose to leave. A team that was originally full of vitality and had a great future was dismembered and then disappeared.

Even if Getafe could come back again, with their meager financial resources and manpower, I don’t know what year and month it would take to re-enter the second division. As for ranking first in the second division, Serre will be eliminated from the Copa del Rey.

I don’t know if I will ever see such a "grand occasion" as defeating Atletico Madrid again in my lifetime...

Third, Flores does not need to apply for club bankruptcy, but the debt must be repaid. Before the debt expires, he can find someone to take over the team, and then he can withdraw himself. At the same time, as long as the taker has enough funds, he can

Help Getafe repay this debt. Then Getafe Club will naturally not have any debt crisis, and maybe it will be a blessing in disguise and get more transfer funds. However, Getafe Club’s debt in April this year

It's due. It's the end of January now, and it's really difficult to find a wealthy backer to take over in such a short period of time.

Moreover, Getafe is a typical small club. Although they are located in the Madrid region, their territory is only as big as the satellite city of Getafe, which is only the fourth largest among the many satellite cities in Madrid.

The majority of people in Getafe are poor people with no money and unemployed workers, so the economic situation here has always been bad. How can a club with neither a territory nor a market have any major development?

The investor spent a lot of money to acquire the team and helped pay off huge debts, but he got nothing out of it. He still has to continue spending money to support such a team every year? What is he trying to do? I really thought he was doing this.

My surname is Lei, my name is Lei Feng?

When Rupert Murdoch wanted to acquire Manchester United, he also valued Manchester United's heritage and glorious history in English football. To put it bluntly, it was the brand value. What does Getafe have? Nothing! Why is it attractive?

No matter how you look at it, none of these three results are good.

The ownership of the team was taken back by the bank, assets were frozen, and transfers were not allowed. Not to mention the team's strength was greatly damaged. At the critical moment of upgrading, it is estimated that not many people are still interested in playing. Maybe, the upgrade will not happen.

We still have to avoid relegation... Just like Atletico Madrid last season, the Jesus Hill case happened. The club's board of directors was forced to suspend its work, and the team was handed over to an agent entrusted by the government to manage it. Everyone has seen the results.

, Atletico Madrid, with such a luxurious lineup, was directly relegated in the end...

Not to mention bankruptcy, it is a dead end. The only benefit is Flores. He used bankruptcy to get rid of his debts and has been debt-free since then. As for the life and death of Getafe... he has no control over it.

.

Third, the time is so tight that it is almost an impossible task, so there is no need to think about it at all.

Anyway, no matter what the result is, it will not be a good thing for Getafe Club and this team that is on the rise.

In fact, economic crisis is nothing new, many Spanish clubs have suffered it.

But the problem is that Getafe Club's problem is not just as simple as suffering from an economic crisis. They have no money and are also experiencing a debt crisis.

This report directly stated that Getafe now has no money to repay its debts. Flores began to seek a solution as early as a season ago, but it has not been solved until now. Moreover, he also lied to the outside world, claiming that the club’s

The financial situation is good. He lied to the bank and said that the club could repay the debt as scheduled.

What the newspapers say are all facts. In fact, even if the newspapers don't break the news, the matter will break out when the time comes.

But the problem was that it was exposed a little too early, catching the Getafe club completely off guard, and also giving the bank a warning.

Now they have to face the wrath of the bank.

Maybe soon the bank will freeze their property to prevent the club from devaluing. Otherwise, they will suffer a big loss. Once the property is frozen, the normal operation of Getafe Club will suffer a fatal blow, which will be a fatal blow to this club and this team.

What it means to say... is already obvious.

However, "Castilla" did not say directly what the bank's reaction would be, because they believed that there was no doubt what the bank's reaction would be after seeing their report.

※※※

"Castilla" newspaper analyzed the situation of Getafe Club and the team in detail in the article. Of course, there are some exaggerations in it. Anyway, first of all, to scare people, it is necessary to attract people's attention.

?

I have to admit that their approach is very effective.

After many Getafe fans read this article, their mood instantly fell from the clouds of happiness to hell.

Getafe has just made great progress in the Copa del Rey, knocking out Celta Vigo and Leganes and reaching the quarterfinals. Ranking first in the league, they also defeated Atletico Madrid, the big brother in the Madrid area, with an absolute advantage. This made

Getafe fans are full of confidence in the team's future, and many of them have even begun to look forward to what they will be like next season when they are promoted to the First Division...

But who knew that at this moment, the team’s debt crisis would be revealed!

Everyone has heard about the fact that Getafe owes a large sum of money to the bank, but that happened a long time ago, and now after so many years, there is no news. They thought that the debt had been paid off.

Moreover, they don’t know the specific time when the debt is due. Even if it is not repaid in full, it is not a problem to pay it back a little bit every year and pay it back gradually. Anyway, it may be early enough.

But who knew that this debt has not been repaid after so many years!

Unexpectedly, this debt is about to expire?!

※※※

ps, when I refreshed the monthly ticket list, I found that there were 2222 monthly tickets, which is really 2...

Please give me a few monthly passes, don’t let the monthly passes remain at this number!...)

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