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San Lorenzo: The historic club is at risk of bankruptcy

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On the edge of the cliff is the San Lorenzo since it is at risk of bankruptcy, as it became known today. The debts of the historic club amount to 4.7 million dollars, that is 4 million euros and they have five days to settle their debt.

OR San Lorenzo he owes the specific amount to the Swiss fund “AIS Investment Fund”, with the money he will have to raise coming from a loan he had received five years ago, in order to assign the rights from the transfer of Gaich to CSKA Moscow.

The president of the historical group, Marcelo Morettiemphasized that he has no intention of resigning and will do everything to pay off the debt so that the club does not risk relegation to the second division of Argentina.

At the same time, the team’s legal department has been working on this case for about a year, but they failed to come to an agreement and so the court issued this decision, with foreign media reporting that the club will only be saved by a miracle.

Source: Sport Fm

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