Economy Sport Local 2025-12-09T22:31:21+00:00

Financial Crises in Sports Clubs

Sports clubs face significant financial difficulties due to accumulated debts and lack of liquidity, posing a threat to their future and sporting ambitions.


Financial Crises in Sports Clubs

The sports-economic situation of the clubs reveals the suffering of some due to accumulated debts and financial crises that may take years to resolve, due to the lack of necessary liquidity generated by deal values and extensive contracts, or budgets from previous management stages. This was caused by strengthening the squad with distinguished players on high salaries to compete in various tournaments. Thus, the administration is caught between a rock and a hard place: the need to meet requirements and the ability to fulfill obligations to avoid subsequent crises that could hinder the club's sporting path and vision. Matters could get worse for club management if there are binding contracts and significant long-term dues from salaries of a large number of foreign and local players in the first team.