New share capital increase of 6,105,000 euros was decided at today’s General Assembly PAOK PAOK, with Ivan Savvidis making a new “injection” of cash to cover the team’s obligations. As long as the share capital is covered, it will amount to 134,457,158 euros. At 100,000 euros is the minimum amount of participation per investor, while the value of each share remains at 134,457,158 euros.
The vice-president and managing director of Dikefalos, Makis Gagatsis, undertook the information and implementation of the entire process. The “present” was given by Maria Gonchareva, the vice-president of AS PAOK and a member of the Board of Directors. of PAE, Dimokratis Papadopoulos and the legal advisor Achilleas Mavromatis.
“We are talking about the period from July 1, 2022 to July 1, 2023, that is, it concerns last year’s season, not this year’s. The revenue of PAE was 28,211,000, it was reduced compared to ’21-22 by approximately 4,500,000 euros. These revenues include tickets etc. The losses amount to 22,455,000 which have been covered by the funds of the major shareholder plus the money he has put in which amounts to 8,500,000 euros, so PAE has no cash outstanding“, reported by Makis Gagatsis.
Source: Sport Fm
I am currently a news writer for News Bulletin247 where I mostly cover sports news. I have always been interested in writing and it is something I am very passionate about. In my spare time, I enjoy reading and spending time with my family and friends.
