The relegation leaves the sale of Espanyol on hold and devalues it by around 100 million
Three years later, Espanyol is forced to seek a sixth rebirth from its ashes. Once again the blue and white team has found its bones in the silver category of national football. And once again, as he did on previous occasions, he is practically forced to sign another meteoric comeback. Right now, that seems the only way in which the bulk of his followers, mostly very critical of the management of the entity's largest shareholder, Chen Yansheng, can see their aspirations for a replacement in the club's leadership satisfied.
In recent weeks, the option for the largest shareholder to put Espanyol up for sale had once again taken shape.. For this condition to be met, a condition that can no longer be met was almost imperative: permanence in the First Division. The relegation represents a substantial reduction in the value of a club that, if it had retained the category, could reach up to 250 million euros. Once the loss of the same is confirmed, this would be around 140 million.
If we take into account that, since his arrival at the club in January 2016, Chen Yansheng would have invested around 180 million euros, the option of a possible sale, despite the fact that it would take place at a loss, would still be plausible.. Her statement to the fans, made public through the club's official media, however, seems to leave her on the wing. At least for now.
MESSAGE FROM THE OWNER
«We have fallen countless times and we have always risen. This time it will not be different. Rebellion, non-conformity and the fighting spirit are part of our DNA. A parrot does not give up, nor will it give up. The responsibility for the relegation lies within the management of the club and the decisions that must take us back to the First Division must also start from there and on which we are already working to regain your confidence”, the owner of Espanyol reiterated in a written in which he wanted to apologize to the fans for what is the second drop under his leadership of the entity.
Working to achieve a return to Primera will imply both the arrival of new investments and the implementation of economic cuts and drastic decisions. Some decisions that, in this case, will have, above all, the sports field in the spotlight.
After Luis García will take over from Diego Martínez at the head of the blue and white bench, the new revolution could have the sports management as its starting point. The work of Domingo Catoira has not been exactly remarkable, with a series of decisions that are not very understandable, such as, for example, some signings with a more than debatable performance or the departure of veteran Diego López, a real mainstay in the parakeet goal, without having a clear relief for his position.
The entity, in fact, incorporated up to three different goalkeepers, with Pacheco, who arrived in a winter market in which Espanyol's spending was one of the highest, establishing himself as the apparent definitive bet. Last year, both he and Joselu left an Alavés condemned to lose category and it is not clear if they will continue or not in Cornellà-El Prat. And the same can be said of a Braithwaite who arrived at the club after parting ways with a Barça team that did not have his services, but which is a basic piece in the framework of the Denmark team.
Of what there is no doubt, in any case, is that the market this coming summer will be moved for the parakeet entity. In every sense. And that their chances of making another whirlwind return to the elite will depend in large part on their bottom line.