Unai Emery continues its financial commitment to the Real Union Club, a historic team based in Irun (Spanish Basque Country). The current manager of Aston Villa will inject 1.5 million euros into the club of which his brother Igor is president. This new capital increase aims to consolidate the club's cash flow and compensate for losses from previous years.
As reported by 2playbook, this is not the first time that the Basque technician has put his hand in his pocket. Last summer, he had already contributed one million euros during a first capital increase of 1.2 million euros. This operation allowed the Emery family to become a majority shareholder with around 20% of the shares.
Capital increase and stadium expansion
The new injection of funds will be formalized during the general assembly on December 29, which will also validate the 2021-2022 accounts and the 2022-2023 budget. The club currently has a deficit of around one million euros, a situation comparable to other teams in the Primera Federación (Spanish 3rd division).
Beyond finances, the Emery project is resolutely focused on the future. The club's annual budget has been increased by 33%, reaching €1.6 million, and work to upgrade Stadium Gal is progressing. The capacity of the stadium will be increased to 4,000 seats, meeting league standards and allowing a larger audience to be accommodated. These efforts aim to strengthen the attractiveness and competitiveness of the club in a category in full transformation.
The club's budget has already increased by 33% since the arrival of Emery to reach 1.6 million euros, illustrating the ambition to bring this century-old institution back to professional football.
