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2 clusters · 2 sources · 25 days · First seen · Last updated

Deportivo Cuenca financial and administrative crisis

Overview

Deportivo Cuenca has faced significant financial instability characterized by unpaid wages for both professional players and administrative staff. In early October, players briefly halted training to protest three months of outstanding salaries and unpaid Copa Sudamericana prize money. Following negotiations with club president Eduardo Álvarez, an agreement was reached for partial payment of one month of owed wages.

By late October, the situation escalated into a broader administrative reorganization. The club appointed Juan Mateo Cajas as executive director under a contract with GFI to stabilize the institution, which includes a planned forensic audit to assess total debts. Despite these efforts, labor issues persist, with staff reportedly unpaid for four months and players nearing three months of arrears.

Furthermore, the club faces external regulatory pressure from FIFA, which issued two registration bans in late September that may restrict the ability to register new players. To achieve stability for its 2027 project, the club estimates it requires USD 2 million.

Entities

Deportivo Cuenca · FIFA · Alejandro Méndez · GFI · Eduardo Alvarez

Timeline

  1. [SPORTS] 2 sources
    Deportivo Cuenca faces financial crisis and FIFA sanctions

    Deportivo Cuenca is undergoing administrative reorganization and a forensic audit as it faces unpaid wages for staff and players, alongside new registration bans imposed by FIFA.

  2. [SPORTS] 2 sources
    Deportivo Cuenca resumes training after salary debt strike

    Deportivo Cuenca players have returned to training after a two-day strike over three months of unpaid salaries, following an agreement with club management to make partial payments next week.

Sources

elmercurio.com.ec · elrelatoec.com