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General Red Star Zvezdan Terzic explained in an interview with Blic that and now, it works in part.
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Terzic pointed out that Zvezda has a contract with Telekom, as well as a sponsorship deal with Gazprom, which is now raised to four million a year, and there is no need to talk about how whose state helps the club.
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– Gazprom is a foreign company, we receive money from St. Petersburg, not taxpayers from Serbia – Terzic emphasizes .
The Red Star's current debt is now estimated at 28 or 29 million euros, and Terzic explains how, during his tenure, Zvezda managed to halve the debts.
– We had huge incomes when I arrived at this place in 2014, I said that I did not need money, I just had need time to organize the club. I know what the European market recognizes and wants, I know what we have to produce and offer for this market, who are young and quality actors. It takes time to create them and it is not easy to create such players, sell them, and at the same time preserve your own substance and make the results. In the joke that I say, and there is a lot of reality, what we did in Zvezda should be studied in the faculties of economics, finance and sports. We had huge incomes, only last year we received about 35 million euros – Terzic said.
The Zvezda general manager explains how this happened.
– We sold Ilic brothers for five million euros, boats for 5.5 million, Pesic for four million, we won six million bonuses from UEFA, four millions of tickets …
The star managed to reach an agreement with Marfin Bank to write off a much larger amount owed by the previous one after paying a debt of one million dollars. Euros administration.
– We also used the legal possibilities and the triple conditions. There was an old debt that, when the law permitted, we wrote off unilaterally. On the other hand, we mainly discussed the creditors who did not pay 100% of the claims, but we negotiated on a case by case basis. For example, for example, with one million euros, six million debts were paid to the Marfin Bank of Cyprus. In this case, it's a controversial claim, you have to balance, it works in the banking system, and we're welcome. We have negotiations with other banks in this sense – Terzic explained.
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(Espresso.com)
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