The FC Andorra has held an extraordinary meeting on Saturday in which the partners have approved the conversion of the club into a joint-stock company, as well as the sale of the entity to the Kosmos group, the Barça player's company Gerard Piqué.
In subsequent statements to the assembly, the president of the FC Andorra, Albert Ferré, has informed that the new business model implies the creation of an Andorran company that keeps the assets and liabilities of the club, and it is to that company where Kosmos injects capital to liquidate the accumulated debts.
These debts exceed 300,000 euros, Ferré has confirmed, and we must add two judicial decisions that, when they are sentenced, will add up to 300,000 euros more to the total.
The capital injection allows you to settle debts but also gives "a 180 degree turn to the club" with the aim of taking him to the elite, Ferré said.
The voting to change the model of the entity has not received any votes against and only one abstention, has celebrated Francesc Destrée, the visible face of the Andorran company that will work with Kosmos and that has guaranteed that they will work for a project "viable and country".
Gabri and Jorquera, coaches
At sport level, the first movements have already taken place, since the current coach Richard Imbernón was dismissed this Thursday, Ferré has confirmed, and the former Barça players have relieved him. Gabriel Garcia 'Gabri' and Albert Jorquera, of the utmost confidence of Pique.
From here, Ferré has ensured that new announcements will be announced soon signings, although one of the clauses of the contract stipulates that you have to work for the maximum number of Andorran players on the team.