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Danvila negotiates purchase of €33 million debt from Levante creditors

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Danvila negotiates purchase of €33 million debt from Levante creditors

José Danvila, the majority shareholder of Levante, advanced in one of the most significant financial operations since the approval of the club's restructuring plan in October 2025. According to information obtained by MARCA, the Valencia businessman had been negotiating the acquisition of the debt with EDR, the main privileged creditor, for several months. This initiative is expected to have a direct impact on both the club's treasury and its sports planning. The negotiation involves a debt volume close to €33 million, linked to broadcast rights, sponsorships, and ticketing, secured by a mortgage on the Ciutat de València stadium and the Buñol Sports City.

Danvila proposes to execute this operation through a plan backed by his company, Bizas Sports, which would allow him to take over the debt and reorganize the financial calendar of the society. The objective of this operation is to significantly reduce the financial burden the club faces, alleviating obligations derived from interest payments and capital amortizations set forth in the current restructuring plan. Should the agreement materialize, the club would gain greater liquidity and a more sustainable financial position in the medium to long term.

From an economic standpoint, this reduction in treasury tensions would allow the club to allocate a larger portion of its resources to sporting activities, rather than facing the inherited financial commitments. This improvement would also positively affect the economic control parameters established by LaLiga. Specifically, a lower financial pressure would contribute to increasing the club's capacity within the Financial Fair Play system, facilitating both the renewal and retention of key players as well as the inclusion of new reinforcements in future transfer windows.

The negotiations, which had been ongoing for several months, reflect Danvila's commitment to combining economic recovery with strengthening the sports project. In fact, the majority shareholder and CEO expressed in the last general shareholders' meeting that his plan is "to continue reducing debt and strengthening the financial well-being of the club" to "generate sporting and economic value."

The potential acquisition of the €33 million debt by Bizas Sports would represent a significant change in the financial situation of the society, as it would reduce the debt pressure on liquidity and enhance the entity's investment capacity in the coming years. Although the definitive terms of the operation and the expected timeline for its closure have not yet been disclosed, conversations continue to progress with the aim of reaching an agreement that solidifies the club's economic stability and strengthens its competitiveness on and off the pitch.

Source : marca.com.

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