AaB in crisis: - It is quite insanely!

the AaB's jerseys are red and white, but the numbers on the bottom line, in Danish Superliga club does not have other shades of color over than crimson. the

Ann McDonald
Ann McDonald
07 December 2019 Saturday 06:00
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AaB in crisis: - It is quite insanely!

the AaB's jerseys are red and white, but the numbers on the bottom line, in Danish Superliga club does not have other shades of color over than crimson.

the AaB expects a loss of between 28 and 32 million for the current financial year, and thus, it is crystal clear that there must be a stopper in the pengetanken. On Tuesday, holds the club an extraordinary general meeting to discuss a possible capital increase.

Such a one has the club in much needed. It concludes økonomiprofessor at Aalborg University, Thomas Borup Kristensen.

- If I were a profit-maximizing shareholder, I would not be happy to look in the accounts. There is a profit margin of minus 150 percent, and it is just crazy. It looks critical. Not in the sense that the club is on the verge of bankruptcy, but the reserve is dwindling, and it can not continue on the way. Continue this trend in four-six years yet, the box suddenly empty, he says to the North.

Thomas Borup Kristensen criticizes on the AaB for not having the due diligence and put aside for hard times. For example, they got many millions, AaB harvested for the sale of the Christian Bassogog in 2017, quickly legs to walk on.

Torben text in English, who is chairman of the board at AaB, do not agree with the criticism. He believes that the super League club have invested in the future.

- How do you do, in many companies, and we think precisely, it has been diligence. You can then discuss whether we've got enough for the money, and it is a more relevant discussion than a talk about to upholster. For why in heaven's name should we put more money aside than the many money, we already had at the time, says Torben text in English for the local paper.

the AaB had projected to sell two players in the summer transfervindue, but that's how it went, as you know, not, because the club did not receive high enough bids on the players. In addition, Denmark experienced a decrease in TV revenue, compared to last year. In turn, it moves forward in an area such as the sale of merchandise and entréindtægter, where the club is 25 percent better than last year.

the AaB is currently looking for both a team he will play for and a fodboldchef, which should help to draw the club in the future.

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Updated: 07.12.2019 06:00