You could already read here that Anderlecht would make a loss of around 30 million euros for the second year in a row in the 2019-2020 season. However, the exact figure is even more dramatic: 36 million euros, De Tijd reports.
There are sky-high wages and brokerage costs and due to the corona crisis, turnover fell by another quarter. The transfer of Jérémy Doku (27 million) gives some breathing space, but in the long term the financial situation is unsustainable. In fact, the club’s equity has fallen below zero. The debts are higher than what the club currently owns. This starts an alarm bell procedure and the shareholders have to legally deliberate about the future of the club.
Although that deliberation is immediately nuanced internally. Substantial savings have already been made and Anderlecht will not go bankrupt. Some see it as a maneuver to put pressure on small shareholders to participate in the much-needed capital increase. The minority participants with 26 percent block this because they do not want to pay for “Coucke’s mismanagement” and because most of them already participated in a capital increase of 30 million last year.