New season

Summary of the president´s press conference

The president, Josu Urrutia, has offered this morning a press conference in which he has…

Summary of the president´s press conference
Summary of the president´s press conference
Oct 3, 201816:00

The president, Josu Urrutia, has offered this morning a press conference in which he has treated three fundamental questions of the red-and-white actuality. As it is habitual, he has shown his disposal to the journalists for answering any question to the media.

In the first place, the president has communicated that “the player Alex Remiro has renounced to raise its conditions of renewal” and has made us know “through his representative that, nowadays, he does not have in mind to renew with Athletic”. Asked about this matter, Josu Urrutia added, “we have already had some situation of this kind before, and we will go ahead, trying to minimize them for the future.

The second matter at the press conference was the announcement of the date of the Ordinary General Assembly that will be held in the Palacio Euskalduna on Monday 22nd October.

Finally, the President has claimed that the Club´s financial situation continues being excellent, as it is reflected in the external audit report that for the eighth consecutive year has not shown any qualification.

Likewise, Josu Urrutia has reported on a relevant aspect of the 2017/18 accounts and 2018/19 budgets, documents which are already available for reading on the board of the Member Service Office in Ibaigane. Thus, “the Board of Directors has decided that 100% of the profit of the ended financial year 2017/18, slightly more than 76 million euros, will be entirely used to provide a provision in order to strengthen the future of the Club”. To clarify this measure in more detail, Josu Urrutia has given the floor to Alberto Uribe-Echevarria.

The accountant of the Board of Directors has explained that regarding the accountant rules it is required to record the extraordinary income for player’s departure in the year in which they occur. In contrast, player´s transfer reinvestment needs to be accounted as expenses for the future year.

The extraordinary provision is provided precisely in order to mitigate these accountant effects on future budgets and obeys to “an exercise of responsibility”, since it will allow to manage the Club with freedom and thinking exclusively in the interests of Athletic.

Additional content
GalleriesVideosAudiosAttachedTechnical sheetsLinks
Related News
Results of endorsements revision
Results of endorsements revision
Dec 12, 201819:00

Results of endorsements revision

The result of the revision of endorsements presented by the pre-candidates to the elections for…

See more
Remplacement of Eduardo Berizzo
Remplacement of Eduardo Berizzo
Dec 4, 201811:52

Remplacement of Eduardo Berizzo

Athletic Club has decided to terminate the contract that united its coach Eduardo Berizzo with…

See more
San Mamés, de azul por el Día de la Discapacidad
San Mamés, de azul por el Día de la Discapacidad
Nov 30, 201811:58

San Mamés, de azul por el Día de la Discapacidad

El próximo lunes 3 de diciembre San Mamés se iluminará en color azul, entre las…

See more
Management Committee´s composition and resignations
Management Committee´s composition and resignations
Nov 29, 201820:27

Management Committee´s composition and resignations

Elaia Gangoiti, Laura Martínez, Javier Aldazabal, Genar Andrinua and Ignacio Palacios-Huerta, members of the Management…

See more
Athletic Club’s Denial
Athletic Club’s Denial
Nov 29, 201815:47

Athletic Club’s Denial

The Athletic Club wishes to deny its members certain statements made by certain media today:…

See more
San Mames, in yellow for the World Spina Bifida Day
San Mames, in yellow for the World Spina Bifida Day
Nov 21, 201811:33

San Mames, in yellow for the World Spina Bifida Day

This Wednesday, November 21st, Sam Mames will light up in yellow colour between 8:00 p.m….

See more
Renewal of Iker Muniain
Renewal of Iker Muniain
Nov 21, 201809:30

Renewal of Iker Muniain

Athletic Club and the player Iker Muniain have signed the renewal of the footballer’s contract,…

See more
Elections for President and Board of Directors
Elections for President and Board of Directors
Nov 18, 201800:01

Elections for President and Board of Directors

The Athletic Club Board of Directors, in a meeting held on November 15, 2018, has…

See more
San Mames in blue for World Diabetes Day
San Mames in blue for World Diabetes Day
Nov 13, 201812:10

San Mames in blue for World Diabetes Day

Wednesday November 14th, San Mames will lit up in blue between 08.00 pm and 08.30…

See more
Elections called for December 27th
Elections called for December 27th
Nov 7, 201813:25

Elections called for December 27th

At the beginning of the press conference and before answering the questions asked by the…

See more