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A surplus of 32.8 millions is approved by the FEF

The Extraordinary General Assembly of the Spanish Football Federation approved Tuesday, with 93% support, the accounts for the fiscal year 2021.

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A surplus of 32.8 millions is approved by the FEF

The Extraordinary General Assembly of the Spanish Football Federation approved Tuesday, with 93% support, the accounts for the fiscal year 2021. It closed with a surplus of 32.8 millions euros. The board of directors, chaired Luis Rubiales, also approved the application of the result. It will allocate the benefit to the social fund which will receive 2,814,871 euro and to the new contingency account, which will get 30 million. of euros.

Although the accounts were already detailed at the May 30 meeting, they were not approved until the auditors' report. The audit report is complete once it has been received. It does not include any caveats or paragraphs of emphasis in relation either to the balance sheet for 2021, nor to other aspects such as the profit and loss account and statement of equity changes, statement of cash flows and liquidation of income and expense budget that only refers to 2021.

This extraordinary call means that 99 of the 99 who participated in the assembly did so electronically. It was connected to the Luis Aragones assembly hall at the Ciudad del Futbol de Las Rozas. He has presided over lRubiales in person with his vice president Pedro Rocha, Andreu camps, secretary general and treasurer Eduardo Bandres.

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