natgillin/translations-raw huggingface dataset:
Spain sent information to the Commission on 27 May and 3 June 2013.
Španija je pripombe na sklep o začetku postopka predložila z dopisom z dne 10. februarja 2014.
By letter dated 18 December 2013, the Commission informed Spain that it had decided to initiate the procedure laid down in Article 108(2) of the Treaty on the Functioning of the European Union (‘TFEU’) in respect of the aid (‘the opening decision’).
OPIS UKREPOV IN UPRAVIČENCEV
IVF submitted further information with e-mails of 3, 5, 13, 19, 20, 26 and 30 November 2015, 1, 11, 14, 15, 16, 17 and 18 December 2015, and 4 and 13 May 2016.
Nove delnice so bile vpisane po nominalni vrednosti obstoječih delnic, in sicer je bila ta nominalna vrednost 48,08 EUR na delnico.
The opening decision was published in the Official Journal of the European Union [2] on 7 March 2014.
Na podlagi tega posojila je fundacija Fundacion Valencia pridobila 70,6 % vseh delnic kluba Valencia CF po navedeni ceni 48,08 EUR za delnico.
The Commission invited interested parties to submit their comments on the measures.
Druge udeležbe pri istem povečanju kapitala so dosegle znesek 18,8 milijona EUR.
The Commission received observations from three interested parties: Liga Nacional de Fútbol Profesional on 7 April 2014; Valencia CF on 7 April, 16 June, 30 October and 15 December 2014, and 12 May 2015; and Fundaciόn Valencia Club de Fútbol (‘Fundacion Valencia’) on 19 May 2015.
Pozneje je bilo od teh delnic 52212 delnic prodanih po ceni 56,50 EUR na delnico v poslovnem letu 2010–2011, 878 delnic je bilo prodanih po ceni 57,00 EUR na delnico v poslovnem letu 2011–2012, 1481368 delnic pa je bilo prodanih po ceni 67,50 EUR na delnico v poslovnem letu 2013–2014.
It forwarded them to Spain, which was given the opportunity to react; Spain's comments were received by letters dated 30 September and 13 October 2014 and 3 July 2015.
Poroštvo IVF je bilo izdano za kritje glavnice posojila v celoti, obresti in stroškov transakcije, zavarovane s poroštvom.
Valencia CF submitted further clarifications on 14 December 2015 and 26 January 2016.
Fundacija Fundacion Valencia je morala IVF plačevati letno poroštveno premijo v višini 0,5 %, plačati pa je morala tudi enkratno 1-odstotno provizijo za prevzete obveznosti [3].
A meeting was held on 29 January 2015 in Brussels with the participation of the Commission services, the Spanish authorities, representatives of IVF and representatives of Valencia CF.
IVF je kot zavarovanje poroštva prejel zastavne pravice na delnice kluba Valencia CF v lasti fundacije Fundacion Valencia, in sicer kot drugi po vrsti za banko Bankia.
DESCRIPTION OF THE MEASURES AND BENEFICIARIES
Trajanje osnovnega posojila je bilo 6 let in je vključevalo 4-letno obdobje odloga (za plačilo glavnice posojila).
Measure 1: the 2009 State guarantee in favour of Valencia CF
Obrestna mera osnovnega posojila je bila: (a) 6 % do 26. avgusta 2010 (prvo leto posojila); in (b) seštevek enoletnega Euribora in pribitka v višini 3,5 % s 6-odstotno minimalno stopnjo od 26. avgusta 2010 naprej.
On 5 November 2009, IVF provided a guarantee for a bank loan of EUR 75 million from Bancaja (now Bankia) to Fundacion Valencia.
Ukrep 2: državno poroštvo iz leta 2010 v korist kluba Hercules CF
IVF is a public financing institution under the control of the Generalitat Valenciana, and the latter's representatives also participate in IVF's General Council and Investment Committee.
IVF je 26. julija 2010 zagotovil poroštvo za bančno posojilo banke Caja de Ahorros del Mediterráneo v višini 18 milijonov EUR fundaciji Fundacion Hercules.
The express purpose of the loan, as stated in the decision to grant the IVF guarantee to Fundacion Valencia, was to finance the acquisition of shares of Valencia CF by Fundacion Valencia, in the context of the decision by Valencia CF to carry out a capital increase of EUR 92,4 million for the issuance of 1922250 new shares (reaching the total number of the shares at 2114475).
Izrecni namen posojila, kot je naveden v sklepu o dodelitvi poroštva IVF fundaciji Fundacion Hercules, je bil financirati pridobitev delnic kluba Hercules CF s strani fundacije Fundacion Hercules, in sicer na podlagi odločitve kluba Hercules CF o povečanju kapitala s kapitalsko injekcijo.
The new shares were subscribed at par with the existing ones, for a nominal value of EUR 48,08 per share.
Poroštvo je bilo izdano za kritje glavnice posojila v celoti, obresti in stroškov transakcije, zavarovane s poroštvom.
Other participations in the same capital increase reached the amount of EUR 18,8 million.
IVF je kot zavarovanje poroštva prejel zastavne pravice na delnice kluba Hercules CF v lasti fundacije Fundacion Hercules; začasno, do zastavitve delnic pa je IVF dobil poroštvo lastnice stadiona José Rico Pérez, tj. družbe Aligestión Integral SA, in zastavitev delnic kluba Hercules CF v lasti družbe Aligestión Integral SA.
Subsequently, from these shares, 52212 shares were sold at the price of EUR 56,50 per share during the 2010-2011 financial year, 878 shares were sold at the price of EUR 57,00 per share during the 2011-2012 financial year, and 1481368 shares were sold at the price of EUR 67,50 per share in the financial year 2013-2014.
Trajanje osnovnega posojila je bilo 5 let.
The guarantee by IVF covered 100 % of the loan's principal, plus interest and costs of the guaranteed transaction.
Obrestna mera osnovnega posojila je bila: (a) fiksna obrestna mera 4 % v prvih 36 mesecih; in (b) seštevek enoletnega Euribora in pribitka v višini 2 % v zadnjih 24 mesecih.
There was an annual guarantee premium of 0,5 % for IVF and a one-off 1 % commitment fee [3], to be paid by Fundacion Valencia.
Dogovorjena je bila tudi 0,5-odstotna provizija za prevzete obveznosti.
As a counter-guarantee, IVF received a second-rank pledge after Bankia on the shares of Valencia CF owned by Fundacion Valencia.
Posojilo s poroštvom (glavnica in obresti) naj bi se odplačalo s prodajo pridobljenih delnic kluba Hercules CF.
The duration of the underlying loan was 6 years, within which there was a grace period (for the payment of the loan's capital) of 4 years.
Po dodelitvi državnega poroštva s strani IVF fundacija Fundacion Hercules osnovnega posojila ni poplačala.
The interest rate of the underlying loan was equal to: (a) 6 % until 26 August 2010 (first year of loan); and (b) from 26 August 2010 onwards, Euribor 1 year + 3,5 % margin with 6 % minimum rate.
Zato je IVF, ki je moral izpolniti svojo pravno obvezo kot porok, 24. januarja 2012 banki upnici poplačal znesek v višini 18,4 milijona EUR, banko nadomestil kot upnik zadevnega posojila in nato sprožil sodni postopek proti fundaciji Fundacion Hercules CF, da bi dobil povrnjen zgoraj navedeni znesek.
The agreed payment schedule of the loan's capital foresaw annual repayments of interest starting in August 2010, whereas as regards the loan's capital it was agreed to repay EUR 37,5 million on 26 August 2014 and EUR 37,5 million on 26 August 2015.
Ukrep 3: državni poroštvi iz leta 2011 v korist kluba Elche CF
The repayment of the loan's capital and interest was foreseen to be funded with the proceeds from the sale of the shares that Fundacion Valencia acquired in Valencia CF.
IVF je 17. februarja 2011 zagotovil poroštvi za bančni posojili v skupnem znesku 14 milijonov EUR fundaciji Fundacion Elche, in sicer za posojilo banke Caja de Ahorros del Mediterráneo (9 milijonov EUR) in posojilo banke Banco de Valencia (5 milijonov EUR).
Measure 2: the 2010 State guarantee in favour of Hercules CF
Izrecni namen obeh posojil, kot je naveden v sklepih o dodelitvi poroštva IVF fundaciji Fundacion Elche, je bil financirati pridobitev delnic kluba Elche CF s strani fundacije Fundacion Elche, in sicer na podlagi odločitve kluba Elche CF o povečanju kapitala s kapitalsko injekcijo.
On 26 July 2010, IVF provided a guarantee for a bank loan of EUR 18 million from Caja de Ahorros del Mediterráneo to Fundacion Hercules.
Poroštvi sta bili izdani za kritje glavnice posojila v celoti, obresti in stroškov transakcije, zavarovane s poroštvom.
The express purpose of the loan, as stated in the decision to grant the IVF guarantee to Fundacion Hercules, was to finance the acquisition of shares of Hercules CF by Fundacion Hercules, in the context of the capital increase decided by Hercules CF, through a capital injection.
Fundacija Fundacion Elche je morala IVF plačevati letno poroštveno premijo v višini 1 %.
The guarantee covered 100 % of the loan's principal, plus interest and costs of the guaranteed transaction.
IVF je kot zavarovanje poroštva prejel zastavne pravice na delnice kluba Elche CF v lasti fundacije Fundacion Elche.
There was an annual guarantee premium of 1 % for IVF, to be paid by the Fundacion Hercules.
Obrestna mera osnovnega posojila je bila seštevek enoletnega Euribora in pribitka v višini 3,5 %.
As a counter guarantee, IVF received a pledge on shares of Hercules CF owned by Fundacion Hercules; provisionally until the pledging of the shares, IVF received a guarantee by the owner of the José Rico Pérez stadium, Aligestión Integral SA, and pledging of the shares in Hercules CF owned by Aligestión Integral SA.
Posojilo s poroštvom (glavnica in obresti) naj bi se odplačalo s prodajo pridobljenih delnic kluba Elche CF.
The duration of the underlying loan was 5 years.
Ukrep 4: povečanji državnega poroštva iz leta 2009 v korist kluba Valencia CF leta 2010 in 2013
The interest rate of the underlying loan was equal to: (a) fixed rate of 4 % in the first 36 months; and (b) Euribor 1 year + 2 % margin in the last 24 months.
IVF je 10. novembra 2010 povečal svoje poroštvo fundaciji Fundacion Valencia za 6 milijonov EUR.
There was also a 0,5 % commitment fee.
Namen povečanja poroštva je bil pokriti povečanje obstoječega posojila banke Bankia za 6 milijonov EUR, s katerim naj bi se poplačali zapadla glavnica, obresti in stroški, ki so izhajali iz neplačanih obresti posojila s poroštvom na dan 26. avgusta 2010.
The guaranteed loan's repayment (capital and interest) was foreseen to take place through the sale of the acquired shares in Hercules CF.
Upravičenci
Following the granting of the State guarantee by IVF, the underlying loan was not repaid by Fundacion Hercules.
Osvojil je šest naslovov La Liga in sedem pokalov Copa del Rey.
As a result, on 24 January 2012, IVF, which had to fulfil its legal obligation as a guarantor, repaid the amount of EUR 18,4 million to the lending bank, replaced the latter as creditor of the loan in question and subsequently initiated legal proceedings against Fundacion Hercules CF in order to recover the abovementioned amount.
Na lestvici La Liga vseh časov je na tretjem mestu za kluboma Real Madrid CF in FC Barcelona.
Measure 3: the 2011 State guarantees in favour of Elche CF
Osemkrat se je tudi uvrstil v finale evropskih velikih tekmovanj, pri čemer je petkrat zmagal.
The guarantees covered 100 % of the loan's principal, plus interest and costs of the guaranteed transaction.
Hkrati je tudi eden od največjih klubov na svetu po številu članov (registriranih podpornikov, ki plačujejo članarino) z več kot 50000 imetnikov sezonskih vstopnic in več kot 20000 imetnikov sezonskih vstopnic na čakalnem seznamu, domače tekme pa igra na stadionu Mestalla, ki sprejme 55000 gledalcev.
As a counter guarantee, IVF received a pledge on shares of Elche CF, owned by Fundacion Elche.
Preglednica 1
The interest rate of the underlying loan was equal to Euribor 1 year + 3,5 % margin.
Glavni finančni podatki kluba Valencia CF za obdobje junij 2007–junij 2012
The guaranteed loan's repayment (capital and interest) was foreseen to take place through the sale of the acquired shares in Elche CF.
Vir: Letna poročila in viri poslovnih podatkov.
Measure 4: the 2010 and 2013 increases of the 2009 State guarantee in favour of Valencia CF
(v milijonih EUR)
On 10 November 2010, IVF increased its guarantee to Fundacion Valencia by EUR 6 million.
7/2006–6/2007
Purpose of the guarantee increase was to cover an increase by EUR 6 million of Bankia's existing loan which aimed at paying overdue capital, interest and costs, stemming from the defaulted interest payment of 26 August 2010 of the guaranteed loan.
7/2007–6/2008
As a result of this increase, the initial payment schedule of the underlying loan's capital (see recital 7 above) was changed and foresaw repayments of EUR 40,5 million on 26 August 2014 and EUR 40,5 million on 26 August 2015.
7/2008–6/2009
The loan's interest rate remained the same.
7/2009–6/2010
According to the submissions of the Spanish authorities and Valencia CF during the formal investigation procedure, in February 2013 IVF paid EUR 4,9 million in order to cover Bankia's partial invocation of the State guarantee due to the non-payment of the interest instalment of 26 August 2012.
7/2010–6/2011
The Commission, based on the information available at the time, opened the formal investigation procedure in December 2013 on the belief that IVF had increased its existing guarantee in February 2013 similarly to the guarantee increase of 10 November 2010.
7/2011–6/2012
The beneficiaries
Prihodki
Valencia CF is a professional Spanish football club based in Valencia and founded in 1919.
Dobiček pred davki
It participates in the Spanish first league (‘La Liga’) and is one of the biggest football clubs in Spanish and European football.
Stopnja dobička pred davki (razmerje)
Valencia CF has won six La Liga titles and seven Copa del Rey trophies.
Delniški kapital
In the all-time La Liga table, Valencia is in third position behind Real Madrid CF and FC Barcelona.
Lastniški kapital
It has also reached eight major European finals, winning five of them.
Dolg/lastniški kapital (razmerje)
Valencia CF has also been a member of the G-14 group of leading European football clubs.
Fundacija Fundacion Valencia je neprofitna fundacija, katere ustanovni cilj je ohranjati, razširjati in spodbujati športne, kulturne in družbene vidike kluba Valencia Club de Fútbol ter povezavo med klubom in njegovimi navijači.
In Spain it is the third most supported football club by fans.
Ustanovljena je bila leta 1996 in je bila od prvega dne delničarka kluba Valencia CF.
It is also one of the biggest clubs in the world in terms of number of members (registered paying supporters), with more than 50000 season ticket holders and more than 20000 season ticket holders on the waiting list, playing its home games at the Mestalla stadium, which seats 55000 spectators.
Njene dejavnosti so med drugim povezane s spodbujanjem nogometa, vodenjem mladinskih ekip kluba Valencia CF ter spodbujanjem ženskega in ljubiteljskega nogometa.
Table 1 below includes the data on the financial performance of Valencia CF in the period June 2007-June 2012.
Po zadevni kapitalski injekciji (glej uvodno izjavo 7) je fundacija Fundacion Valencia v klubu Valencia CF pridobila nadzorni delež, in sicer 72 % v primerjavi z 1,6 %, ki ga je imela pred kapitalsko injekcijo, in postala matični subjekt kluba Valencia CF [4].
Table 1
Prav tako so bili vsi člani upravnega odbora kluba Valencia CF tudi člani upravnega odbora fundacije Fundacion Valencia.
Key financial data of Valencia CF June 2007-June 2012
V preglednici 2 so navedeni finančni podatki fundacije Fundacion Valencia za obdobje od junija 2008 do junija 2011.
Source: annual reports and business data sourcing.
Preglednica 2
(EUR million)
Glavni finančni podatki fundacije Fundacion Valencia za obdobje junij 2008–junij 2011
7/2006-6/2007
Vir: Letna poročila fundacije Fundacion Valencia.
7/2007-6/2008
Bruto dohodek
7/2008-6/2009
Bilančna vsota
7/2009-6/2010
Dolg
7/2010-6/2011
Klub Hercules CF je španski profesionalni nogometni klub, ki ima sedež v Alicanteju v regiji Valencia.
7/2011-6/2012
Ustanovljen je bil leta 1922 in je trenutno uvrščen v špansko tretjo ligo (Segunda División B), domače tekme pa igra na stadionu José Rico Pérez, ki sprejme 30000 gledalcev.
Turnover
V preglednici 3 so navedeni podatki o finančni uspešnosti kluba Hercules CF od junija 2008 do junija 2012.
EBT
Preglednica 3
EBT margin (ratio)
Glavni finančni podatki kluba Hercules CF za obdobje junij 2008–junij 2012
Registered capital
Fundaciόn Hércules de Alicante (fundacija Fundacion Hercules) je organizacija, katere poslanstvo je spodbujanje družbene blaginje in zadev v zvezi s klubom Hercules CF, ki niso povezane z gospodarskimi dejavnostmi.
Own equity
Z zadevno finančno injekcijo (glej uvodno izjavo 9) je pridobila 81,96-odstotni – in s tem nadzorni – delež v klubu Hercules CF, pri čemer ima drugi največji delničar v lasti 16,99 % delnic (pred kapitalsko injekcijo fundacija Fundacion Hercules ni bila delničarka).
Debt/equity (ratio)
Poleg tega, kot je določeno v statutih in poslovnikih fundacije Fundacion Hercules, so člani upravnega odbora kluba Hercules CF zakoniti člani upravljavskega organa fundacije Fundacion Hercules (Patronato).
Fundacion Valencia is a non-profit foundation whose founding aim is to ‘preserve, disseminate and promote the sports-related, cultural and social aspects of Valencia Club de Fútbol and the link between the Club and its fans’.
V preglednici 4 so navedeni finančni podatki fundacije Fundacion Hercules za obdobje od junija 2009 do junija 2011.
The activities of Fundacion Valencia are related to, among others, promoting football, managing Valencia CF's youth teams and promoting women's and amateur football.
Glavni finančni podatki fundacije Fundacion Hercules za obdobje junij 2009–junij 2011
Following the capital injection in question (see recital 7 above), Fundacion Valencia acquired a controlling shareholding in Valencia CF, in particular 72 % against 1,6 % that it controlled before the capital injection, and became the parent entity of Valencia CF [4].
Vir: Letna poročila fundacije Fundacion Hercules.
Also, all members of the Board of Directors of Valencia CF were also members of the Board of Fundacion Valencia.
Klub Elche CF je španski profesionalni nogometni klub s sedežem v Elcheju v pokrajini Alicante v regiji Valencia.
Table 2 below includes the financial data of Fundacion Valencia in the period June 2008-June 2011.
Ustanovljen je bil leta 1923 in je trenutno uvrščen v špansko drugo ligo, domače tekme pa igra na stadionu Manuel Martínez Valero, ki sprejme 38750 gledalcev.
Table 2
Preglednica 5
Key financial data of Fundacion Valencia June 2008-June 2011
Glavni finančni podatki kluba Elche CF za obdobje junij 2007–junij 2011
Source: annual reports of Fundacion Valencia.
Vir: Letna poročila kluba Elche CF.
Gross income
Fundaciόn Elche Club de Fútbol (fundacija Fundacion Elche) je neprofitna organizacija v regiji Valencia, katere poslanstvo sta spodbujanje in razvoj športnih dejavnosti, ki niso povezane z gospodarskimi dejavnostmi.
Total assets
Z zadevno finančno injekcijo (glej uvodno izjavo 10) je fundacija Fundacion Elche pridobila 63,45-odstotni nadzorni delež v klubu Elche CF kot edina delničarka z več kot 10 % delnic (pred kapitalsko injekcijo ni bila delničarka).
Debt
Prav tako je bila večina članov upravnega odbora kluba Elche CF tudi v upravnem odboru fundacije Fundacion Elche.
Hercules CF is a professional Spanish football club based in Alicante, in the region of Valencia.
V preglednici 6 so navedeni finančni podatki fundacije Fundacion Elche za obdobje 2009–2011.
Founded in 1922, it currently plays in the Spanish third division (‘Segunda División B’), and holds home games at the José Rico Pérez stadium, which seats 30000 spectators.
Preglednica 6
As submitted by the Spanish authorities, on 25 January 2012, Hercules CF entered into an agreement with the majority of its private creditors which had entered insolvency proceedings starting on 5 July 2011 (‘concurso de acreedores’), which included a haircut of 50 % of their claims and a deferral by 7 years of payment of ordinary claims, extendable by 2 years in case of loss of its professional status.
Vir: Letna poročila fundacije Fundacion Elche.
Table 3 below includes the data on the financial performance of Hercules CF in the period June 2008-June 2012.
Načrt za sposobnost preživetja kluba Valencia CF iz leta 2009
Table 3
predstavitev finančnih podatkov kluba Valencia CF za obdobje od junija 2004 do junija 2009 in navedbo glavnih točk v zvezi s težkim gospodarskim položajem kluba, in sicer:
Key financial data of Hercules CF June 2008-June 2012
dejavnosti, ki stalno prinašajo izgubo tako pri splošnem poslovanju kot pri nakupu in prodaji pravic igralcev,
Fundaciόn Hércules de Alicante (‘Fundacion Hercules’) is an organisation with the mission of promoting social welfare and matters related to Hercules CF, not involved in economic activities.
zaustavitev gradnje novega stadiona zaradi znatnega odstopanja pri proračunu za 366 milijonov EUR zaradi pomanjkanja virov za dolgoročno financiranje stadiona,
With the capital injection in question (see recital 9 above), Fundacion Hercules acquired 81,96 % and thus a controlling shareholding in Hercules CF, with the second-ranked shareholder owning 16,99 % (before the capital injection, Fundacion Hercules did not hold shares).
zmanjšanje vrednosti štirih parcel stadiona Mestalla, ki so bile ponujene v prodajo, in pomanjkanje kupcev, zaradi česar se je pričakovana prodajna cena z več kot 350 milijonov EUR znižala na 250 milijonov EUR,
Also, as foreseen by the statutes and by-laws of Fundacion Hercules, the members of the Board of Directors of Hercules CF are legally members of the governing body of Fundacion Hercules (‘Patronato’).
dejstvo, da je bil primanjkljaj delno krit z izrednimi nepremičninskimi posli,
Table 4 below includes the financial data of Fundacion Hercules in the period June 2009-June 2011.
znatno povečanje dolga z ustrezno finančno obremenitvijo,
Table 4
dejstvo, da je bil negativen kapital delno krit s prodajo ene od parcel stadiona Mestalla in uveljavitvijo davčnih olajšav;
Key financial data of Fundacion Hercules June 2009-June 2011
finančne in poslovne ukrepe, s katerimi naj bi klub premagal te težave:
Source: annual reports of Fundacion Hercules.
povečanje kapitala v višini 92 milijonov EUR,
Founded in 1923, it currently plays in the Spanish second division, holding home matches at the Manuel Martínez Valero stadium which seats 38750 spectators.
povečanje prihodkov predvsem z začetkom delovanja novega stadiona, s čimer bi se znatno povečalo število imetnikov sezonskih vstopnic in področje ustvarjanja prihodkov (parkirišče, trgovine, storitve itd.),
At the time of the granting of the measures in question (February 2011), it was playing in the second division, whereas subsequently it played in La Liga in the seasons 2013-2014 and 2014-2015.
zmanjšanje odhodkov predvsem pri nogometnem moštvu na podlagi sprememb športne politike: sestave moštva, strukture prejemkov itd.,
Table 5 below includes the data on the financial performance of Elche CF in the period June 2007-June 2011.
prodaja parcel (parceli Mestalla in Ciudad Deportiva de Paterna),
As submitted by the Spanish authorities, Elche CF entered insolvency proceedings on 6 August 2015.
prodaja pravic igralcev v prvih dveh letih načrta;
Table 5
načrtovane športne naložbe od junija 2010 do junija 2015 ter načrtovano prodajo, dobiček in nakupe od junija 2010 do junija 2011;
Key financial data of Elche CF June 2007-June 2011
načrtovano dezinvestiranje premoženja in ustrezne prihodke na letni ravni: (i) prodaja premoženja „tretje osebe“ za 80 milijonov EUR, ki naj bi zagotovila 42 milijonov EUR dobička, junija 2011; (ii) prodaja parcel Mestalla za 250 milijonov EUR, ki naj bi zagotovila 160 milijonov EUR dobička, decembra 2011 in (iii) prodaja parcele Paterna za 35 milijonov EUR, ki naj bi zagotovila 33 milijonov EUR dobička, junija 2012;
Source: annual reports of Elche CF.
finančne potrebe kluba v obdobju 2010–2015 z grafi, ki za vsako leto prikazujejo potrebne zneske, ustrezne mesece financiranja ter glavne uporabe in vire financiranja;
Fundaciόn Elche Club de Fútbol (‘Fundacion Elche’) is a non-profit organisation in the Valencia region, with the mission of promoting and developing sports-related activities, not involved in economic activities.
napoved, da naj bi klub Valencia CF do junija 2015 dosegel (med drugim) naslednje rezultate: