Levski published their financial report for 2023, which was made until December 31. The club reported a profit in the amount of BGN 2,215,000, but despite this, the Company’s registered capital (BGN 30,787,000) exceeds its net assets, which amount to BGN 1,535,000.
In addition, a requirement of the Commercial Law has been violated. “These circumstances give rise to material uncertainty regarding the Company’s ability to continue as a going concern,” the Blues wrote in their financial statement.
The management expresses confidence that PFC Levski will maintain normal operations, through financial support of the main shareholders, in case of need.
“Dear Leftists,
we bring to your attention the Annual Financial Statements for the year ending on 31.12.2023, as well as the Report of the independent auditor “Zhelyazkov Audit 2004 OOD”, according to the provisions of Art. 47a of the National Club Licensing Ordinance, ed. 2023
The annual financial statements for the year ending 31.12.2023 and the independent auditor’s report can be seen in the attached documents.”
Levski is preparing a new financial statement
They chose a company for this purpose
Tags: Levski announced million profits violation Commercial Law
