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Further Delays in LIBERO's 2023 Annual Financial Statements
Frankfurt am Main, July 31, 2024 – LIBERO football finance AG ("LIBERO") announced another postponement of its 2023 annual financial statements. Initially expected on July 31, 2024, the release is now anticipated for the end of August 2024.
This delay stems from unresolved legal proceedings in Spain involving a planned partnership with FC Barcelona in 2023. These issues were initially reported on May 31, 2024, when the first delay was communicated.
LIBERO is negotiating an amicable resolution to these disputes. Notary appointments are scheduled for early August 2024. The Board believes there will be no negative impacts on LIBERO regardless of the outcome.
The Board anticipates sufficient clarity on the legal matters by the end of August 2024. This will facilitate the completion of the financial statement audit and the subsequent release.
R. H.
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