San Lorenzo on the verge of bankruptcy: The court has given it five days to pay a multi-million dollar debt

San Lorenzo on the verge of bankruptcy: The court has given it five days to pay a multi-million dollar debt
San Lorenzo could go bankrupt
Imagen de Editorial Team
porEditorial Team
Argentina

The Boedo club must pay more than 4.7 million dollars to the Swiss fund AIS Investment Fund for a loan linked to the sale of Adolfo Gaich

Add La Derecha Diario on
Share:

The current situation of San Lorenzo is going through its most delicate moment in years. The courts notified the club this Tuesday that it has five business days to settle a debt of 4.7 million dollars with the Swiss fund AIS Investment Fund, under threat of bankruptcy. The situation erupts in a context of political and institutional chaos, just one day after president Marcelo Moretti had to leave the headquarters escorted by the police following a massive protest by members demanding his resignation.

The origin of the conflict dates back to July 2020, when San Lorenzo, then presided over by Marcelo Tinelli, received a loan from the Swiss fund as part of the transfer of Adolfo Gaich to CSKA Moscow. The agreement stipulated that the money would be repaid once the Russian club paid the transfer fee. However, CSKA paid San Lorenzo directly and not the fund that had advanced the money, so the Argentine institution never repaid the loan.

La problemática surge del pase de Gaich al CSKA de Moscú en 2020
La problemática surge del pase de Gaich al CSKA de Moscú en 2020

In 2023, the courts ordered the club to pay approximately 3.9 million dollars plus interest, an amount that, over time, increased to the current figure. Weeks ago, AIS Investment Fund had formally requested San Lorenzo's bankruptcy, and now the court ruling sets a deadline to avoid it.

The situation is now critical, since there is no room for appeal. The only alternative the club has is to raise the funds and pay. The institution's lawyers have been negotiating for over a year without success, and the efforts have been frustrated by the firm stance of the Swiss fund.

Meanwhile, the economic crisis adds to an explosive social climate. The pressure from fans, the exodus of directors, and institutional instability are putting El Ciclón in check, as it goes through one of the most critical chapters in its modern history.


La Derecha Diario logo
TwitterInstagramYouTubeTikTokFacebook
Derecha Diario TV

Nosotros

  • Quienes Somos
  • Autores
  • Donar

Privacidad

  • Protección de datos
  • Canales
  • Sitemap
  • RSS

Contacto

  • info@derechadiario.com.ar
PUBLICIDAD
La Derecha Diario logoLa Derecha Diario logo
ESX logoInstagram logoYouTube logoTikTok logoFacebook
ARGENTINAUNITED STATESECUADORISRAELMEXICODERECHA DIARIO TV
  • ES
    XInstagramYouTubeTikTokFacebook
  • DERECHA DIARIO TV
  • Sections
  • ARGENTINA
  • UNITED STATES
  • ECUADOR
  • ISRAEL
  • MEXICO
  • URUGUAY
  • Countries
  • La Derecha Diario logoLA DERECHA DIARIO
  • La Derecha Diario México logoLA DERECHA DIARIO MÉXICO
  • La Derecha Diario Uruguay logoLA DERECHA DIARIO URUGUAY
  • La Derecha Diario Ecuador logoLA DERECHA DIARIO ECUADOR
  • La Derecha Diario Israel logoLA DERECHA DIARIO ISRAEL
  • La Derecha Diario Estados Unidos logoLA DERECHA DIARIO ESTADOS UNIDOS
  • Topics
  • FINAL DEL MUNDIAL 2026
  • GUERRA EN IRÁN
  • The Newspaper
  • QUIENES SOMOS
  • AUTORES
  • PUBLICIDAD
  • DONAR

Related news

Russia will hear new proposals from the Trump administration to end the war in Ukraine

Russia will hear new proposals from the Trump administration to end the war in Ukraine

The result of the anti-Argentine campaign: attacks in New York and more than 20 complaints in Spain

The result of the anti-Argentine campaign: attacks in New York and more than 20 complaints in Spain

“For Marco Rubio, with affection”: the shirt Messi gifted to the Secretary of State

“For Marco Rubio, with affection”: the shirt Messi gifted to the Secretary of State

Donald Trump stated that the United States is ready to carry out new attacks against the Iranian regime

Donald Trump stated that the United States is ready to carry out new attacks against the Iranian regime

"The European Union will pay a very high price": Trump tore into the EU for fining American companies

"The European Union will pay a very high price": Trump tore into the EU for fining American companies

Cristina Kirchner hired the lawyer of the dictator Lula Da Silva for the Vialidad case

Cristina Kirchner hired the lawyer of the dictator Lula Da Silva for the Vialidad case