Intercity Football Club is closing its accounts for the 2022-2023 season to some extent loss of six million eurosAs reflected in the audit carried out by Kreston Iberaudit, warned several times about his complicated financial situation.

The company responsible for examining the accounting of the first publicly traded club in the country stated in its report that the company it presided over Salvador Martí, The team, whose first team competes in the Primera RFEF, puts forward a negative net worth figure of approximately eight million (7,878,420 euros) and emphasizes that this “constitutes one of the largest values”. reasons for dissolution “It is foreseen in commercial legislation.”

Auditor of accumulated losses “They continue to weigh down” the club’s assets Up to “less than half of the capital”, which is a determining factor in economic insolvency. He also added that negative working capital over the last two years “create negative impact factors.” Doubts about continuity of activity society”.

As reflected in Intercity’s accounting reality, the black club’s defeat at the end of the 2022-2023 season, which was the 3rd national category premiere, took place in 2020. 6,084,034 EurosThis is despite the fact that the company quadrupled its revenue compared to the previous year, thanks to the Copa del Rey tie against Barcelona at Alicante’s José Rico Pérez stadium on January 4.

This cup match left nearly one million euros in the club’s coffers (731,186 Euros only at the box office). The income from the cup duel with the Blaugranas served to cushion the field’s losses, which were higher than in previous years despite this significant extra financial contribution. In the 2021-2022 season Promotion to First RFEFIntercity gave negative results five million euros.

Considering this situation, Intercity made an official decision last July. new capital decrease and increase slightly reduced the capital and share premium figure 5.7 million euros Considering the number of negative results in previous years.

Intercity states that it will be able to amortize 7.6 million of its short-term liabilities once the financing agreement with the investment fund is signed. Aplha Blue Ocean It amounts to 11 million euros.