The club needs stability

The club needs stability

These were the words from Miguel Concepción at a press breakfast on Wednesday morning this week. “We are not going to put the club in danger. We can't afford 15 million euro players.”. The president of El CD Tenerife demonstrated that he has clear ideas about the present and the future of the club.

When questioned by the journalists at the meeting there was more interest in the clubs accounts than their sporting capabilities. The president replied "The last to be paid will be the business owners. When we made this years accounts we did not put money ahead of our sports plans. But we are not going to risk future of the club. It has already been to the edge of disapearing. We need to work to lessen the debts without forgetting our sporting needs. You need to find a balance."

He the economic director commented, “Of course it was more difficult to reduce the debts in the second division, because we had less season ticket holders and less television money.”

“If we go down we will continue to work. This president was bought in when the team was at the point of going down to 2B. I hope this will not happen again”, he added.

“Seventy percent of the clubs funds are held by small shareholders. I am happy it is like this and hope it will continue this way for a long time”, commented Concepción cwhen he was asked about long term plans for CD Tenerife.

At this point Miguel Concepción was asked if he planned to continue as president as next year his five year term ends: “Now is not the time to make this decision. That will be something to decide next season. Now the team needs 100 percent support.”

Another question was asked about the fusing of the club and the promotion company Tenerife Inversiones y Proyectos Deportivos SA. “We are working on the process of the fusing of these two entities : right now we need to value the shares of both. Then it will need to be oted on by both sets of shareholders. It will be done only if it benefits the club.”, reminded the president.

“The plans for the future areto continue paying off the debts and to reinforce the team. The less debts the club has the more players we can buy. We need to continue on this line and consolidate the club amongst the elite teams in Spanish football”, assured Concepción, when questioners insisted to know about the future.

At the end of the breakfast, Concepción wanted to look back and told of the day before the AGM in 2006 when he was named president, when no one wanted to be candidate for president. There was a meeting the night before with 60 business men but when it finally came to the moment that counted there were only 10.

“Of the points that were most important when I took the job the only one missing is to stay in the first division and then to consolidate our position. And we need to continue to continue paying off the debts.”, explained the president.

“I thank the present council for all their support and all the people who have formed part of the council and who are no longer with us. I ask for everyone's support for the three months of competition left for this year" he finished.