DayFR Euro

Standard: again dramatic financial figures

The future of Standard remains very uncertain. A-Cap will soon file financial accounting, which will again show colossal losses. Les Rouches are thus preparing to suffer a significant deficit.

Over the past few years, 777 Partners has invested minimally in Standard. Although capital increases were carried out, these were only transfers of money within their clubs. It’s no surprise that every club in their portfolio has suffered significant financial losses. American investors mainly drew on Standard’s resources, leaving the club in a critical financial situation. Standard is therefore in great difficulty, without however completely sinking.

Significant loss for Standard

The Standard will soon submit its accounts, and they will once again be marked by a deficit. According to The Last Hourlosses will still exceed 20 million euros, due to the absence of European income and non-participation in the Champions Play-Offs. The wage bill remains too high compared to the club’s current sporting level, leading to similar losses each year.

No substantial investment to expect

Standard should not expect real structural investments from A-Cap, which is content to keep the financial situation afloat. Although the club has made sales this summer, it remains to be seen whether these funds will actually be injected into the development of Standard.

An uncertain future

The Liège club is looking for a buyer, but discussions are progressing slowly. A solution is crucial in the coming months, as this uncertainty hinders the team’s development. Young talents prefer to join rival clubs, and players are hesitant to commit long-term to Sclessin. With players on loan, it is difficult to build a future and create capital.

-

Related News :