Newell’s President’s Crude Definition: “the Club Is Melted and on the Verge of Bankruptcy”
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The improvement in the field of play in Newell's Old Boys cannot cover up the internal problems that remain. According to its president Ignacio Boero, the economic situation in the “Lepra” is critical between debts and a bankruptcy in the near horizon. The leader of the Rosario team, who assumed in December the leadership of the club in the middle of a delicate institutional present, was who confirmed before the microphones in the last hours the…
Buenos Aires, 8 May (NA) — The president of Newell’s, Ignacio Boero, made a crude diagnosis of the economic situation of the Rosarina institution and assured that the club is “founded” and “on the verge of bankruptcy”, with a debt estimated at between 30 and 35 million dollars. In radio statements, the leader said that the financial situation is critical and responsible to the previous leadership, headed by Ignacio Asstore, for the increase of t…
The president of Newell’s Old Boys, Ignacio Boero, made a strong diagnosis about the economic situation that the club is going through and said that the institution is “on the verge of bankruptcy”. “There is no silver, today Newell’s is melted and on the verge of bankruptcy. The club owes 33 million dollars,” Boero said when referring to the financial status of the institution reddish. Source
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