Financial records are at members' disposal | Athletic Club

Financial records are at members’ disposal

In fulfilment of provisions provided on Article 31 of the Social Statutes, the annual report,…

Financial records are at members’ disposal
Financial records are at members’ disposal
Sep 24, 2011

In fulfilment of provisions provided on Article 31 of the Social Statutes, the annual report, balance sheet and profit and loss accounts, emitted by the Auditors of the Club, are, as of today, are all at the disposal of Athletic Club members at the Member Services office in Ibaigane.

On Friday 23 September, the financial records have also been sent out to all associate members.

The financial year for the 2010-2011 season closed with a negative result of 10,128,912.63€. The total revenue for the year was 56,744,607.08€, and expenditure of 66,873,519.71€.

For season 2011-2012, the Board of directors proposes a budget of 61.100.000€, including an adjustment of 3% in member fees.

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