Sevilla FC Board Gets Financial Clean Slate as Historic Losses Revealed
Sevilla's board successfully approves accounts from previous financial years despite recording staggering €54m losses for the 2024-25 season.
Sevilla’s American-backed board has managed to push through approval of three years’ worth of financial accounts at their General Shareholders’ Meeting, despite facing some serious bread and honey troubles on the balance sheet.
Shareholders approve despite protests
The Sevilla board, backed by majority shareholders Sevillistas Unidos 2020 (the American investors), successfully navigated the approval of financial statements for fiscal years 2022, 2023, and 2024 - all of which had been previously delayed.
Despite vocal protests from minority shareholders who were frustrated at being unable to speak during these agenda items, the board secured comfortable approval margins:
- 2022 accounts: 84.92% approval
- 2023 accounts: 77.17% approval
- 2024 accounts: 77.13% approval
The club’s financial director, Javier Cano, then presented the current 2024-25 accounts, revealing some proper shocking numbers that would make any club accountant reach for the smelling salts.
€54 million losses and transfer market struggles
The financial picture painted by Cano was bleak to say the least. Sevilla recorded losses of €54 million for the 2024-25 season, with transfer revenue particularly disappointing compared to previous years.
The club’s transfer income has plummeted dramatically from the €135 million generated in 2022-23, falling even further below pre-pandemic levels. The current net transfer income sits at just €6 million - a paltry sum for a club that built its reputation on savvy player trading.
Cost-cutting measures showing some impact
There were some small positives amid the financial gloom. The club has managed to reduce sporting personnel costs by over €47 million, though this figure is somewhat misleading as it includes the cost of players loaned out to other clubs.
Cano also noted that while transfer revenues missed targets, with some deals hampered by contract terminations and symbolic transfer fees, the club’s cost-reduction strategy has exceeded expectations in other areas.
The current squad costs approximately €89 million, with an additional €19 million spent on loaned or released players - a financial hangover that continues to impact the club’s books.
What’s next for Sevilla?
With the financial accounts now approved, Sevilla’s board will hope to draw a line under past mistakes and focus on rebuilding the club’s financial stability. However, with such significant losses still being recorded, there’s clearly a mountain to climb before the Andalusian giants return to solid financial footing.
For a club that has historically punched above its weight in European competition while maintaining financial sustainability, these figures represent a serious departure from their successful model. Getting back to those glory days looks a proper steep challenge from here.