SK Deinze, owned by Singapore-based ACA Partners, is in dire need of a sale, Sacha Tavoleri tells us. The owners ACA Partners are currently looking for solutions to sell the Belgian club.
The group is known to be in dire need of cash and liquidity, having accumulated total debts of up to €30 million since entering the European football sector.
This amount includes the value of Deinze FC at the time of purchase, hidden cost payments in the first year, human resources costs and its investment in 11% of the capital of Charlton FC and Juventud Torremolinos.
Informed sources point to the interference of a number of directors, as well as salaries that are very high compared to the club’s actual situation and revenues, with excessive amounts being paid to some consultants.
It is clear that urgent action is needed to ensure the club’s financial stability and find potential buyers willing to invest in the Belgian club’s future.
Deinze is also a club where there are still problems around the pitch. The capacity is not big enough for professional football and no solutions have been found.
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