APOEL’s management has released a detailed breakdown of how the €446,406 generated from the sale of the first 2,250 season tickets was allocated.
The largest portion was used to pay off outstanding debts to players and coaches, while funds were also allocated for payroll, operating expenses, and the team’s summer training camp. At the same time, management thanked the fans for their support and issued a new call for season ticket purchases.
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The full announcement reads: “The Board of Directors of APOEL FOOTBALL (PUBLIC) LTD, remaining consistent with its commitment to full transparency and responsible communication with the team’s supporters, is today providing a detailed breakdown of the debts and obligations that have been repaid to date, using the proceeds from the sale of the first 2,250 season tickets.
The distribution of €446,406 was as follows:
- Toward debts owed to former players and coaches, under existing settlement agreements: €273,694
- Player and staff salaries: €71,600
- Operating expenses, maintenance, and utility bills: €38,400
- Advance payment for team preparation and airfare: €62,712
The APOEL Board of Directors extends its heartfelt thanks, especially and individually to every APOEL fan who became part of this great blue-and-yellow effort by purchasing a season ticket.
The public’s response reinforces the message that the APOEL family remains united and strong, especially at times when the presence and support of every APOEL fan are most valuable.
Every season ticket is another building block in shaping the future. A future in which we all play a part. In this symbolic and historic year, we call on every fan of the team to be part of this great effort. Let’s all work together to ensure that this year’s season ticket sales reach a record number, worthy of APOEL’s 100th anniversary.”
