Wednesday, January 26

“We have learned a lesson. Prudence must always be present”

  • The Chinese leader celebrates the return to First Division and contributes financial muscle to compete in the elite

  • The board approves a capital increase of 37.8 million that will provide stability and will not force the sale of players.

Hours after the assembly of the Barça at the Camp Nou, it was the turn of the general meeting of shareholders of Espanyol, held electronically from the RCDE Stadium in Cornellà. Optimism and good intentions mark the current context of a club that has achieved get out of the hell of Second in a year, a success not always easy. Just look at Girona, where I still know cry this Sunday’s failure against Rayo. With Chen yansheng at the head of operations, the perico club is confident of achieving the stability necessary to live comfortably in the elite.

Of the mistakes you learn and there will be no more sidereal messages like the one proclaimed by the Chinese leader in January 2016 when he assured that he expected to be in the Champions League in less than three years. That phrase, pronounced together with the former president Daniel Sánchez Llibre, has persecuted him throughout his tenure. Time showed that it is not easy to survive in the First Division and the hit of 2020 is the best example to reconsider.

Build the future

“Less than a year ago I was addressing you after a painful descent. We all focus on correcting mistakes and applying the necessary changes. Today we have achieved the goal of returning to Primera for a moment of social difficulties Worldwide. We have revealed the club strength through persistence and effort, “said Chen, who addressed all the parakeets.” The fans gave us a lesson in support. I’m proud to be president. Your Energy It is a treasure and it must be a stone to build the future. ”

The president highlighted two concepts that should guide the parakeet path. “We have learned a lesson. humility and prudence they must always be present in our way of acting. I look at the next campaign as the opportunity to consolidate changes and marked progress. Only in this way can we continue to build a club that aspires to greater goals. ”

“Chen’s involvement is maximum. A person who wanted to sell the club would leave the money as a loan and not capitalize it”

José María Durán / CEO

“Exciting scenario”

With the 99.5% of the shares in its power each board generates little emotion in the voting. This Monday a capital increase of 37.8 million euros, a key aspect for the salary limit next season. Currently, the League marks a negative limit for the blue and white entity, but this maneuver It will allow a remarkable margin to move in the transfer market.

“With this decision, we will give a important step in financial competitiveness. If we return to equilibrium, the medium-term scenario will be very exciting“, valued the president, who encouraged all the parrots to renew their cards and to register.

The sports project

Debt compounding brings air in a complex context. “There are only nine days left to finish this exercise and there will be very notable losses by the pandemic and the decline. The president effort it has been very important. He rejected all the offers that came from our footballers, “said the CEO José María Durán.

Social capital goes from 127.7 to 165.7 million, which places Espanyol in the “top-5 of the League in terms of equity.” The new injection of capital reinforces the sports project. “Our two axes are the first team and the partner. This money will help us to have more stability and we will have no obligation to sell to any player, “added the CEO.

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“Favorable historical moment”

Duran defended the president’s commitment. “Espanyol is in a favorable historical moment as never had. Chen’s involvement is maximum. A person who would like sell the club I would leave the money as a loan and not capitalize it. Is putting your heritage within Espanyol so that it belongs to all partners “, concluded the leader.

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