Football Clubs' Debt Proposals and Their Shortcomings
January 23, 2025
Five football clubs proposed to pay €500,000 towards their debts, but this amount does not cover one-third of their total obligations. The president of APOEL mentioned that their proposal includes payments in installments over the next quarter. The total new debts amount to €4.1 million, making their offer insufficient. The main issue is that the clubs did not include all required installments in their proposal.