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SBD Global/December 19, 2013/Franchises

La Liga Sevilla Announces $3.3M '12-13 Budget Surplus; New President Outlines Vision

La Liga side Sevilla's Administrative Council announced a profit of €2.4M ($3.3M) from the '12-13 financial year -- "a positive balance thanks to capital from player transfers," according to the EFE. Club shareholders were informed that Sevilla earned €86M ($118M) in revenue, with €31M ($43M) coming from trading players Diego López, Jesús Navas, Antonio Luna and Luis Alberto (EFE, 12/17).

NEW ERA: In Madrid, Rafael Pineda reported that the "absence of former Sevilla President José María del Nido at Sunday's game against Athletic Bilbao went unnoticed." New Sevilla President José Castro on Wednesday described how he plans to manage the club. Castro: "I give thanks to del Nido because thanks to him, Sevilla recovered its pride. I learned from him, but now he will be replaced. I will not have shaky hands in my presidency because I am supported by the club's majority shareholders. We will manage with balance and reason. I send a message of calm to Sevilla supporters because the club enjoys a solid structure that will allow it to navigate with composure" (EL PAIS, 12/17).
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