Government extends coronavirus moratorium and provides relief to Seville

he seville is facing serious economic problems and is engrossed in a sale process expected to be completed in 2026, currently in the stage of presenting offers from up to nine investment groups that have arrived at government offices. Sanchez Pizjuan.

But the government has taken an equally positive, if predictable, decision at a time when society is facing so many challenges. At the end of December, the Government Gazette announced a moratorium on companies not posting losses accumulated during the coronavirus pandemic period (FY 2020-21 and FY 2021-22) in their accounts. The exemption ends in 2026 (the year ending June 30), and the government has extended it for a further year to give businesses more time to balance their books.

he sevilleWith a negative net worth of €122 million, the club, like most La Liga clubs with CVC funds, would have been subject to liquidation had it not been for the share loan they signed, and they have not posted any losses in the last two years, resulting in a combined loss of €66.2 million.

This new suspension period will be government Although expected in the financial world, there was no official confirmation accompanying the BOE’s announcement on December 24th.