Hassania Agadir faces financial strain with accumulated deficit reaching 1.8 billion centimes

Alansary June 23, 2024

Hassania Agadir football club is grappling with a significant financial challenge, as its accumulated deficit has now surged to approximately 1.8 billion centimes. This figure includes an additional 300 million centimes from recent legal judgments against the club.

According to a reliable source familiar with the matter, a mixed committee comprising members of the management board, club staff, and financial experts is currently conducting an audit of revenues and expenses.

Their primary task is to finalize the financial report, which will subsequently be presented to the management board for approval. This process will also set the date for the annual general assembly to ratify both the literary and financial reports and unveil the management board’s strategy for the upcoming season.

The financial woes come after Hassania Agadir concluded the sporting season in tenth place, amassing 35 points from 8 wins, 11 draws, and 11 losses. The team scored 35 goals while conceding 43.