The Standard is 14 million euros in the red, not enough cash, and ask around sa For en Standard. How did the Walloon voetbaltrots financially in the murky water? Sporteconoom Thomas Smith is the stadionconstructie the sign: “It takes money, but it is a long-term problem.”

the Biggest bone of contention in the rejected license is from the Standard is that of “Immobiliere du Standard de Liège”. This is the new sa president, Venanzi, in which Axel Witsel has invested and bought the stadium, about to be let in to the club. So, thinking of the Rouches and the negative net working capital of € 14 million, and the cashflowproblemen to cover. However, the man found that the solvency position was not provided. The Standard is disputed and talking about it with a clear selling agreement. All of the documents to be confidential is submitted.

It is not feasible to have the largest Walloon club and to the amateur ranks to the control and to cut up to 40% of the tv market. The sentence is so absurd that they are, in practice, is not an issue.

Thomas Smith

you can also Read Sa Venanzi neck is the Standard portrait of the self-made man who started out as a staunch supporter of the Rouches

If a structure is more likely to occur in football, according to Thomas Pieters, the Belgian sporteconoom the Erasmusuniversiteit of Rotterdam, it can be disappointing: “the Clubs let real estate or, more often, by any other party, take care but for now, there is no investment, there has been no change in the stadium, and you’ve got a kind of lump-broekzakoperatie. It makes money, but it will cost money in the future of the club.”

It’s a loan with a stadium and massive collateral, the operational costs will continue to increase: “Portugal, Venanzi and co. have term rentals to collect the given amount of money (reportedly 13 million euros, ed.). to make it up. And the man will probably be difficult to be able to verify what kind of a beast, of which sa is one. What is the capital behind it, or is it a kind of brievenbusvennootschap?”