Espanyol shareholders unhappy with Catalan club’s management and accounts

Espanyol’s Association of Small and Medium Shareholders (APMAE) has given a vote of no-confidence in the club’s board of directors and the annual accounts it has presented.

The APMAE described the work of the Catalan club’s board as ‘quite poor’ and a statement read after a meeting this week read: “The level of losses including earnings from the transfer of players is unsustainable and has been at its highest in the last 10 years (€15.9m).”

In addition, the board’s economic performance was highlighted following the exit of various footballers at the Cornella-El Prat, saying: “It is especially worrying that after the money generated by the sales of Nicol

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