July 4 – Bulgaria’s Levski Sofia has reduced its debt to the National Revenue Agency (NRA) by nearly BGN 2 million (€1milion). Levski had come under criticism from fans for not providing any accounting for the donations from the supporters.
“As all of you probably remember, the new management of Levski has stated that the priority in his work will be the payment of the club’s debts to the NRA. Unfortunately, the club is completely silent on the topic of repayment of the debts. All the logic points that in case of a call for donations, at least elementary accountability should be provided. Such is completely lacking in this case,” the supporters’ trust Blue Bulgaria wrote in a public letter sent to the club.
Exactly five days later, the management of Levski came out with a special announcement, with which they fulfilled the wishes of the fans and made a financial report.
“We inform you that in the period from 01.03.2023 to 30.06.2023 PFC Levski paid liabilities to the National Revenue Agency in the total amount of BGN 1,980,918 (€ 990 000)The amount paid includes BGN 298,876.16 collected in this period according to the donation campaign in favor of the club, BGN 585,595, raised by the campaign to increase the company’s capital, independent contributions by the club and current liabilities for the period in the amount of BGN 810,119.59,” reads the announcement of the club’s Board of Directors.
At the end of February, Levski’s debts to the state amounted to BGN 12 million (€6 m).
“We inform you that from 01.03.2023 to the present moment, the club regularly pays all current obligations to the state, as a result of which the debt is reduced. The fact is that this has happened for the first time in the last three years,” added from the club.
Levski also added that the debt has decreased by nearly 16%.
Contact the writer of this story, Aleksander Krassimirov, at moc.l1714772002labto1714772002ofdlr1714772002owedi1714772002sni@o1714772002fni1714772002