Boavista, another club owned by Gérard Lopez, announces that it is on the verge of judicial liquidation

It must be believed that wherever Gérard Lopez goes, clubs find themselves in immense difficulties. After the bankruptcy of Royal Mouscron, the €120 million in debt left to LOSC and more recently the demotion of Bordeaux to National 2 as well as its judicial recovery, the Spanish-Luxembourgish businessman is in the process of making a new victim. This is Boavista, whose setbacks we have already reported on in recent months. Currently 14th in the Portuguese Liga, the club announced this Tuesday that it was on the verge of liquidation.

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«The Commercial Court of Vila Nova de Gaia has ordered a Special Revitalization Process (PER), which now follows legal procedures and which will be developed over the coming monthsstarts the press release. The truth is that, without the adoption of rigorous and exceptional measures, the only alternative will be to file an insolvency request, which would lead to the inevitable liquidation of the club, thus frustrating everyone's legitimate expectations and the recovery of credits. by creditors.» The PER must avoid this by negotiating the institution's debts with its creditors.