Boavista Closes Activity After Failing Payment to Creditors
12 Articles
12 Articles
Boavista Porto created a mega-sensation in Portugal in 2001. Now the traditional club – one year after the forced descent – even threatens the final dissolution.
Plunged into a serious financial crisis for several months, the club of Gérard Lopez, Boavista FC, is about to put an end to its activities. An announcement that takes place less than 24 hours after the demotion of the Girondins of Bordeaux in R1.
Jornal Expresso
SIC NotíciasClub failed to deposit in the insolvent cash account of the creditors of the club of the money to bear the current expenses of the settled in June, with the insolvency administrator to decree the closure of all activities, including the modalities
Maria Clarisse Barros carried out the deliberations of the creditor assembly. Keys to the facility must be delivered by July 31st.
One of Europe's oldest football clubs, Boavista, received a court order on Thursday after years of financial difficulties to cease all activities and vacate its premises by July 31. The former Portuguese champion also included former Slovenian international Ermin Rakovič.
Portuguese club Boavista declares bankruptcy after failing to secure funds to continue operations
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