[REVISION HISTORY]

San Marcos de Arica faces losses and financial scrutiny

Updated 5 times since CLSTR started tracking revisions of this situation.

What changed

2026-08-24 18:42 UTC → 2026-08-27 19:56 UTC · added ~~removed~~

San Marcos de Arica continues to face instability in the Chilean Primera B, marked by declining athletic performance and escalating legal and financial scrutiny. On the pitch, the club’s recent form has deteriorated, including a 2-1 defeat against Unión Española at the Santa Laura stadium. Despite an early equalizer from Andrés Barboza, a goal by Felipe Massri secured the win for the hosts, marking the team's fourth consecutive match without a victory and leaving them in sixth place with 30 points. The club’s administrative troubles have intensified following a formal complaint by the National Professional Football Association (ANFP) before the Disciplinary Tribunal. The ANFP alleges significant financial inconsistencies regarding the club’s 2025 fiscal year data. Specifically, the association noted major discrepancies between the club’s sworn statements and its filings with the Financial Market Commission (CMF). While San Marcos reported a working capital of $82,261,000 in its first-quarter 2026 statement, its CMF filings for December 31, 2025, indicated a negative net equity of $2,909,444,000. Additionally, the ANFP questioned the club’s reported liabilities, which shifted from $3,822,068,000 at the end of 2025 to $887,285,000 in subsequent ~~reports~~ reports. Beyond the financial investigation, the situation has evolved into internal political friction within the ANFP. Reports indicate pressure within the ANFP board to force the ~~association.~~ resignation of president Pablo Milad, maneuvers allegedly led by Vice President Mauricio Moreno Sánchez. The club ~~is now required to provide legal and accounting justifications, such as debt forgiveness or restructuring, to explain these differences. Failure to provide credible documentation could result in~~ remains under threat of severe sanctions, including potential relegation or ~~disaffiliation.~~ complete disaffiliation from professional football, unless it provides documented evidence of capital increases, debt forgiveness, or formal restructuring.

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