Sevilla to post €15m loss

Jose Maria del Nido is next month set to announce a first ever annual loss at Sevilla during his time as President.

The club are rumoured to be posting a €15m deficit in their budget for last year, representing the first time since Del Nido’s arrival at the club in 2002 that they have been in the red.

Sevilla’s poor performance in Europe, which has included first round eliminations in two consecutive seasons, followed by the failure to qualify for Europe last term are thought to be major contributing factors, as well as  the lack of sales made in the transfer market.

Martin Caceres’ January 2012 sale is reportedly the only notable income that the club have managed in the past year.

Total revenues at the club, say ABC, are expected to amount to €83m, whilst expenditures will be posted at €98m.

Sevilla’s total debt is understood to be at €49m and everything put together is expected to result in Del Nido announcing a decreased annual budget for the second consecutive year.

Tags Debt Del Nido Monchi