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Diari de Catalunya

Albert Esteve Court Ruling Could Ease Lleida CF Debt

The withdrawal of charges against the club removes the threat of a 2.4 million euro fine.

Generic image of an empty football stadium under floodlights, symbolizing the club's situation.
IA

Generic image of an empty football stadium under floodlights, symbolizing the club's situation.

The football club Lleida CF could see its financial burden lightened following the court ruling against former president Albert Esteve in Lleida this March.

The judicial decision has a direct effect on the club's finances. By dropping charges against Lleida Esportiu and Lleida Ponent CF, a potential 2.4 million euro fine has been effectively cancelled.
Furthermore, the debt with Social Security may be reduced. While prosecutors alleged a 829,000 euro fraud, a court expert valued it at 335,000 euros, which would aid the club's insolvency proceedings.
A previous due diligence report had identified a total economic risk of 9.1 million euros, with 4 million tied to criminal liabilities that are now being resolved.

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