thohir

The budget figures for the current financial year closing on June 30 are expected to record a deficit of around €70 million. A hole generated by a narrowing of revenues and the absence of any European football. This has forced the new president Erick Thohir to turn off investment until further notice. For this reason there is an absence of transfers. Transactions will be closed only on loan deals or with right or obligation of redemption. One trick to avoid further complicating the budget for this year.

Source: Tuttosport