Málaga is already studying the credit policy proposals it has received. He needs 8,600,000 euros to cover his needs until the end of the year, according to the judicial administrator, José María Muñoz. The Judge Ruiz González has approved the loan.
The head of court number 14 argued her approval of the request for a line of credit in which Right now, due to the judicial process, a capital increase is unfeasible.
The club plans to close the agreement for this line of credit next week and in this way, the Malaga would have this liquidity fund. Once the proposals are received, each offer will be studied to choose the most advantageous ones and present them to the judge who must give her consent.
This line of credit will be used to rule out, among other measures, the entry into a bankruptcy by allowing the club to have guarantees to cover the payment commitments that until December 31 reach 8.6 million euros.
The receivers work so that it is not necessary to pay out all the money for the policy. Malaga hopes that the Villarreal make effective shortly the pending payment of the four million euros for the transfer of Ontiveros.
The Tax Agency has already made a refund worth more than a million euros and the return of the public to the stadiums is entrusted, which would allow Malaga to enter a significant amount of money from the sale of season tickets and tickets.
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