Hajduk’s Financial Fiasco: How the Supervisory Board Allowed Million Euro Losses?

UEFA has finally cracked down on Hajduk! The Split-based club has been fined for violating financial fair play rules, and the penalty is no joke – they must immediately pay tens of thousands of euros, with a looming total fine of 1.2 million euros if they don’t improve their finances over the next three years. But who let the club fall into such a financial abyss? The very people who were supposed to oversee the management – the Supervisory Board! Aljoša Pavelin, the former chairman of that board, resigned just a day after UEFA handed down the punishment. Coincidence or a convenient way to dodge responsibility? The Supervisory Board had a crucial role in monitoring financial operations, making key decisions, and ensuring transparency. Yet, Hajduk operated with multi-million euro losses, and the board failed to act in time. UEFA made it clear: the club must reduce losses and achieve sustainable financial stability, or face severe sanctions like bans on registering new players or exclusion from European competitions. Over the past two years, Hajduk has accumulated losses exceeding 10 million euros – a disaster for a club with limited revenues. Although consolidations and transfers promising significant income have been announced, the question remains: will it be enough to avoid further penalties? The Supervisory Board, which was supposed to prevent this mess, is now under public scrutiny. Were the board members, including Pavelin, doing their job or just watching the club sink? Hajduk’s financial drama is a warning to all – without responsible oversight, even the biggest clubs are not safe from financial collapse. So, what do you think – is this the beginning of the end for Hajduk, or will the club claw its way out of the financial swamp? Drop a comment, let’s see who’s rooting for a rescue and who’s ready to watch it burn!

Leave a Reply

Your email address will not be published. Required fields are marked *