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[SPORTS] · Argentina · 5 sources

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San Lorenzo faces severe financial crisis and 67 million dollar debt

San Lorenzo is facing a severe dual crisis involving both sporting performance and financial instability. The club currently carries a debt of 67 million dollars, leading the Board of Directors, led by Marcelo Culotta, to seriously consider a creditors' meeting to manage the situation.

Culotta has expressed hesitation regarding this legal tool, stating that the club does not wish to lose its autonomy or face external impositions. The financial strain is compounded by significant legal threats, including a 4.4 million dollar claim by Ignacio Piatti that puts the club's headquarters on Avenida La Plata at risk. Additionally, the club owes 160 million pesos for police operations conducted during the previous administration.

On the pitch, the team is struggling under manager Rubén Darío Insua, following the dismissal of Néstor Gorosito. The squad, largely composed of free agents with minimal investment, has seen poor results, including a recent defeat against Boca Juniors.

Entities

Boca Juniors · Ignacio Piatti · Marcelo Culotta · Rubén Darío Insua · San Lorenzo

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