Club news
FINANCIAL PROBLEMS FOR DEPOR
16 Mar 2017
After almost three years, the Supreme Court has finally decided regarding the €21.7 million that were frozen in the bank account of Deportivo, and the decision is negative as the debt with the Tax Agency is now 73% higher.
THE INCREASE IN THE CAPITAL
23 Feb 2017
The club presented the final balance of the operation that increased the club’s capital, the number of shareholders is now 25,333 and Deportivo collected €2.4 million.
THE BUDGET, THE DEBT AND THE SALARY CAP
06 Feb 2017
The shareholders approved in December a budget of €56 million for the campaign 2016/17, an increase of 84% compared to the previous campaign. The jump is possible as the club doubled the income related to the TV rights.
110 YEARS OF HISTORY
09 Dec 2016
The club celebrated on Thursday 110 years of history and launched the new design of canaldeportivo.com, which includes an English version.
SHAREHOLDERS MEETING 2016
02 Dec 2016
The shareholders approved the financial reports of last season and a budget of €56 million for the present campaign. Tino Fernández announced a new website that will include articles in English.
NEW LAWN AT THE RIAZOR
30 Oct 2016
The club invested €218,984.42 in the new lawn at the Riazor, the work took a month and will hold its first game during the home clash with Valencia CF.
THE TV INCOME
10 Oct 2016
Deportivo collected €31.7 million from the TV during the season 2015/16, it’s the fifth lowest amount among the 20 clubs at Primera and it’s among the lowest in the top-four leagues in Europe.
SALARY CAP IN SPAIN
09 Oct 2016
Depor’s salary cap for the new season is €24.7 million, it’s the fifth lowest among the clubs at Primera División, but at the same time it’s the fifth with the highest growth within the last three seasons.
36% REDUCTION IN THE CLUB’S DEBT
09 Oct 2016
Depor announced during the week that €4.06 million of Lucas’ transfer was used to reduce the debt with the tax agency. It’s expected that the club’s debt will be €90 million by the end of the season, a 36% less compared to two years ago.
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