He Barakaldo He continues to try to deal with the blackest chapter in his more than 100-year history. The whole of the Left Bank was forced to enter bankruptcy in December 2019 for the debt it maintains with the Social Security, which rises to the 1.3 million euros. A year after the whole of the Left Bank perceived this fine and with a change in the Management Board through, little by little they are glimpsing some light among so much darkness. The current directors of the factory cadre revealed at the Extraordinary General Assembly held yesterday in Lasesarre, that on July 9 they delivered a feasibility plan to their maximum creditor to deal with the sanction and thus guarantee the survival of the club.
In September of this same year, the Barakaldo will enter the “agreement phase”, according to the bankruptcy administrator. During this period, the black and white set must reach an agreement with Social Security to specify the form of payment of the 1.3 million euros of debt, which are a real headache for a team that plays in the Second Division B. However, the factory leaders have gone ahead and have already presented their feasibility plan to their maximum creditor so that “Social Security has enough time to analyze it and that there are no surprises”, as they reported. This feasibility plan consists of five possible scenarios, depending on the category in which the Barakaldo is at the time, considering possible ascents or descents.
Likewise, they have reserved 63,000 euros from the budget of the next campaign in reference to the “provision of the agreement with Social Security”. Therefore, everything indicates that the viability plan consists of an installment payment that would be around this amount each year. A budget that this season has been reduced to 875,135 euros compared to 945,510 euros last season. A reduction of 70,375 euros based on “superfluous expenses”, according to Jesús María Isusi, president of the Barakaldo. The top leader stressed that it was «A realistic, conservative and very ambitious budget for the time we are in, with the aim of moving up to Segunda B Pro». In fact, the section on the salaries of the first staff has hardly changed, despite the harsh economic situation caused by COVID-19.
Assembly of maximum agreement
The assembly held this Tuesday at the Lasesarre Stadium showed great agreement between the current Management Board and the members of the Black squad. Virtually all the issues discussed were unanimously approved. The accounts for the 2018/19 academic year were approved, denied by the partners at the Assembly held in November 2019 and headed by the previous leaders. These accounts were reformulated by the current board because they did not have the necessary documents to justify a large number of previously collected income and expenses. Then, the accounts of the last campaign were also approved, which show a surplus of € 169,470.28.
In the same way, the 131 partners attending this Assembly gave the go-ahead to a new plan for the membership fees. El Barakaldo launches the ‘Bikote’ offer, in which a subscriber renews his card and another person registers in the same rostrum, both enjoying a great discount. This measure seeks to “increase the social mass to around 2,000 members”, since in the last three years, the factory complex has lost around 700 worshipers in its stands until reaching the 1,707 current, as stated by a member of the Management Board.
.
