
The Nautico de Vigo with a debt of about 6M euros requests competition from creditors
The Nautico de Vigo with a debt of about 6M euros requests competition from creditors

From the prestige and quality of the early years of this century, media president Bibiana Fernández has led the entity to the enormous debt it has, an increasingly smaller social mass in the band of the 2,000 partners and a low minimum activity.
It was sung since the entry of the new Board of Directors of the Royal Nautical Club of Vigo in June: the application of the entity to enter into a creditor competition has been confirmed. In the last two weeks, even some manager to his closest had already leaked it and DIGITAL NAUTICA knew it from the very first hand. However, given the delicate nature of the situation, we prefer to silence it, because our publication earnestly desires the salvation of the legendary Viguese club and in no way wanted to harm it.
We have decided to publish this news, since the daily FARO DE VIGO has already done so at noon today. The Nautico was already in a pre-contest situation, and President Ballesta himself saw no other solution. This is why the relevant documentation has been submitted to the Commercial Court today and a period of time has now been opened for the authorization of this application. The debt of the Nautico de Vigo is higher than the five million euros, and among its main creditors are Abanca and the Harbour Authority of Vigo. The Viguesa directive announces an information assembly this month, to inform the social mass in detail.
The Royal Nautical Club of Vigo has been carrying out a very uncomfortable economic situation since the early 1980s, motivated by two reasons: the construction of its Sports Port and the fastuosiad of the board of directors of those years that have embarked on absorbing the Abeto Society, a country club with sports facilities 15 km from Vigo, in the City of Nigrán, in a situation of bankruptcy. Since that whole thing has been a forward flight that has led to the current situation. Even though each directive has added more firewood to the fire, it is true that the previous directive chaired by the Argentine media Bibiana Fernández has led the club to a very complicated situation. It is true that he reduced the debt apparently and even that he managed to improve the agreements of the nautical concessions... but also caused with its prepotent forms and with a total and absolute lack of knowledge of the Viguese society, thousands of loss of partners and the total internal rupture... to complete the maintenance of the facilities and its quality has fallen many integers, with the Club, Pool, as well as the facilities of the Abets and the Port of Sports, in a state of terrible abandonment. Perhaps the real debt is significantly higher than we are told, it may take several million euros to put the Nautico on the take-off track. What no one can deny the current president is his will to unite society and to have social peace. From NATIC DIGITAL Luck for the Ballesta Team and I wish this was a nightmare.
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