on Tuff Group AG (isin : DE000A161N22)
Further Delay in the Publication of the 2023 Financial Statements
Frankfurt am Main, May 31, 2024 – LIBERO football finance AG announced today that the publication of its financial statements for the fiscal year 2023 will be delayed further. Originally postponed to May 31, 2024, the release is now expected by the end of July 2024.
The delay is due to ongoing legal proceedings in Spain regarding a planned partnership with FC Barcelona. LIBERO had announced a strategic partnership involving the acquisition of a stake in Bridgeburg Invest S.L. Barcelona. Issues arose when an external investor missed payment obligations, leading to lawsuits between LIBERO and Barça Produccions S.L.
The management board expects these legal disputes to be resolved shortly, anticipating no negative financial impact on LIBERO. They believe sufficient clarity will be achieved by the end of July 2024, allowing the audit to be completed.
R. E.
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