APR AUDITOR REVEALS PARTIZAN’S DEBT: Million loss for the team from Humska!

It’s a big number!

APR (prim. aut. Agency for Business Registers) disclosed the financial situation in Partizan. Auditor’s report that dealt with Partisan we transmit in full:

‘During 2019, the club concluded an agreement on postponing the payment of tax debt in 36 monthly installments, based on when the first installment falls due in March 2021. Partizan has ceded future claims on the basis of sponsorship, it also has pledged future claims on the basis of credit sponsorship. at the bank. In 2021, the club is late in settling due installments on the basis of loans “, it is stated in the same document. The auditor clearly warns, given the negative effects of the pandemic, of material uncertainties “which may cast significant doubt on the club’s ability to meet its obligations on a regular basis and to operate on a going concern basis.”

Fudbal Super League Season 2018-2019
I like Partizan
Milos Vazura (L) and Ivica Iliev
Belgrade, December 9, 2018
photo: Srdjan Stevanovic / Starsportphoto ©

“Opportunities to improve the club’s financial position are limited and almost entirely envious of the management’s planned actions.”

‘The total amount of potential liabilities based on court disputes, which are being conducted against the club, is 49,566,000 dinars. In addition to the above, 46 misdemeanor proceedings are being conducted against the club, with a prescribed fine of 60,000 to two million dinars. The final outcome of the disputes cannot be predicted at the moment, but the management believes that even if they are not resolved in favor of the club, they will not have significant losses. ‘

Source: HotSport by hotsport.rs.

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