Home » today » Sport » AZ turns red due to corona, but looks to the future with confidence | Football

AZ turns red due to corona, but looks to the future with confidence | Football

sport">“This significant decrease is mainly due to the fact that almost the entire season was played without supporters and sponsors due to corona. Due to the measures, the income from catering and events was also virtually nil,” AZ reports.

sport">The net result is deducted from the other reserves. AZ’s equity capital was 38 million euros on June 30 of this year. AZ sold after that date Myron Boadu (AS Monaco), Calvin Stengs (OSC Nice), Marco Bizot (Stade Brest) and Teun Koopmeiners (Atalanta Bergamo). These transfers are not included in the result and will only be processed in the 2021/2022 financial year.

sport">“AZ expects to close the 2021/2022 season with a positive result due to the smaller impact due to corona, placement for the group stage of the Conference League as well as already realized transfers,” said the North Holland club. “Thanks to the financial results of recent years, AZ has built up a buffer and AZ looks forward to the future with confidence.”

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