Unusual: Colo Colo owes the treasury more than double than when it went bankrupt | Football24 News English

This afternoon, Edmundo Valladares, president of the Social and Sports Club Colo Colo, spoke about the institutional and financial crisis that the “Cacique” is going through, due to the sale of Anbal Mosa shares, who within a few weeks will leave his position at the Alba concessionaire.

Before the media, the club’s boss acknowledged that: “In this scenario where speculation of stock movements abounds, As CSyD we remain convinced of the need to promote a comprehensive government project for the institution as a whole, which puts an end to a permanent war between shareholders. A project that marks the sports development of Colo Colo, that can definitively remedy the debt with the treasury and that aims at improving the infrastructure, and allows a greater involvement of our people “.

“In this sense, we remain open to dialogue, to conversation with all the parties involved in order to carry out a project like the one needed by the CSyD Colo Colo, like the one needed by football and the institution as a whole, we are absolutely flat to achieve the formula that allows us to unite, and put the club in the right place “, aadi.

On March 3 of this year, the CSyD proposed the idea that Marcelo Barticciotto would preside over the alba concessionaireHowever, that idea has gradually lost strength. This time, from the club they pointed out that whoever wants to stay with Meuse’s seat must meet certain requirements.

The president of the CSyD Colo Colo continues to propose formulas to improve the situation of the white square.

“It seems important to us to point out that whoever decides to invest in buying shares in B&N must understand that as long as the tax debt is not remedied, in addition As long as a project is not implemented that is attractive enough to end up with years of very poor performance, it will not have any possibility of benefiting from this investment, even less in the last 5 years of the concession, where they also cannot distribute profits. above 30%, while the tax debt is not paid “, Valladares aggregate.

From the CSyD Colo Colo they pointed out that the debt they currently have with the Treasury It amounts to an amount of 12,800 million pesos, more than double the nearly 5,000 million for which the albos went bankrupt on January 23, 2002. However, they also indicated that on this occasion the same scenario as that year would not occur, since 3% of the income they receive from the concessionaire is paid to the treasury every year.

In addition, they mentioned that Blanco y Negro does not perceive profits since the albos raised the star 30, that since 2014.

“Likewise, and that for us is central, whoever wishes to participate in the ownership of Blanco y Negro Sociedad Annima must openly and completely reveal what their intentions or interests are in Colo Colo and, above all, understand the importance of the club that it is due to millions of people throughout Chile and the world “added the president of the Social Club.

Then, he continued talking about the relevance that the CSyD should have in decision-making: “We believe that the concession years have long shown us that the club cannot be absent from decision-making. Colo Colo is not just a stock exchange, a business or a showcase, it is a fundamental part of the history of Chile., and that entails responsibilities, within it, a social responsibility that no national and foreign capital can simply appropriate and ignore “.

“We will continue to seek dialogue with all parties and work on a project in common, to improve Colo Colo so that we can regain the position that corresponds to the institution”, cerr.

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