Business · Companies · 5 hrs ago
Levante forecasts €22m in resources and debt cut of more than €35m
Levante expects to generate €22 million in 2026-27 through its ordinary operations, excluding any income from player sales.
The Spanish football club says it also aims to cut its debt by more than €35 million before June 30, 2027.
Its previous season ended with a positive operating result of €6.9 million.
LaLiga raised Levante’s squad cost limit from €18 million to €40 million this season after a capital contribution from Bizas Capital, which is owned by the club’s majority shareholder, José Danvila.
The club says higher ordinary income and spending controls underpin its financial forecasts.
Shareholders will consider the accounts at a meeting whose date is still undecided, and the 2026-27 projections may change with the club’s financial and sporting performance.
Levante forecasts generating €22 million in resources during the 2026-27 season.
The club expects to reduce its debt by more than €35 million by June 30, 2027.
The forecast operating result excludes possible income from player transfers before the season ends.
Levante reported a positive operating result of €6.9 million for 2025-26.
Its LaLiga-authorised squad cost limit has risen from €18 million to €40 million.
- Who
- Levante UD.
- What
- The club forecasts generating €22 million in resources and cutting its debt by more than €35 million.
- When
- During the 2026-27 season, with the debt reduction forecast by June 30, 2027.
- Where
- Not stated.
- Why
- The club cites higher ordinary income and cost control, and says the resources will support debt reduction and financial commitments under its restructuring plan.
This story does not have two clearly opposing sides.
Levante closed its accounts with a positive operating result of €6.9 million.
The club’s board examined and approved the previous season’s accounts.
Levante forecasts generating €22 million in resources, excluding possible player-transfer income.
The club forecasts reducing its debt by more than €35 million.
The accounts are due to be considered by the General Shareholders’ Meeting.
- Forecast resources
- €22 million in 2026-27
- Forecast debt reduction
- More than €35 million by June 30, 2027
- 2025-26 operating result
- Positive €6.9 million
- LaLiga squad cost limit
- Increased from €18 million to €40 million
- Capital contribution
- Bizas Capital, the holding company of majority shareholder José Danvila