January 21 – Belgian membership Royal Antwerp registered losses of €12million for the 2023-24 season, remaining reliant on proprietor and benefactor Paul Gheysens to stability the accounts.
Champions League revenue was essential to the Professional League membership controlling their price range higher, with losses dropping from an unpalatable €43m within the 2022-23 season.
Antwerp’s income rose from €69m to €116m due to €25m in bonuses from Champions League participation and profitable outgoing transfers. On the bills facet, prices rose from €112m to €121m, whereas the wage invoice grew from €58m to €63m.
It demonstrates how Antwerp stay depending on Gheysens, whose personal actual property enterprise, Ghelamco, is beneath stress. Final yr’s accounts revealed internet money owed of €1.34billion.
Gheysens’ tens of millions have remodeled Antwerp into an elite membership. Two seasons in the past they gained the Belgian title in addition to the home cup, incomes a ticket to Europe’s premier membership competitors.
This season Antwerp aren’t collaborating in European competitors and their stadium stays incomplete, which implies they miss out on ticketing and matchday income. Gheysens has beforehand injected €27m in money to scale back the membership’s money owed.
Antwerp are presently fifth within the Belgian league with 36 factors from 22 matches.
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