Chaco For Ever Faces Financial Crisis Threatening Future
Concern is spreading throughout the Chaco For Ever world, where financial issues have started to weigh as heavily as what happens on the field. Amid a weak start in First National, its president Héctor Gómez laid bare the complex situation the institution is facing. I don’t know how much longer You can endure financially,
he stated bluntly.
Economic Struggles Overshadow Sporting Performance
The poor sporting start—just one point in three matches—took a back seat after the official’s statements on Master FM 89.9. The club’s focus today is on maintaining its daily structure rather than its position in the standings.
A Stark Financial Reality
The club’s financial needs are substantial. According to President Gómez:
“Our current economic reality is worrying. For Ever needs 200 million per month. That’s 150 million for salaries, 25 for rent, and 25 for travel. Between contributions from the AFA and the provincial government, the club gathers about 80 million pesos per month. The resources aren’t enough, people aren’t supporting, and income is decreasing.”
Héctor Gómez, President of Chaco For Ever
Membership and Matchday Revenue Shortfalls
The current membership base is significantly below what’s needed to balance the books. Gómez explained:
“The club has about 1,500 active members, and to balance expenses there should be at least 5,000.”
Héctor Gómez, President of Chaco For Ever
Recent matchday attendance figures highlight the issue. During the match against Saint Elmo, only 800 members redeemed their tickets, a figure Gómez described as very difficult
to sustain.
Home Games Generate Losses
Even playing at home isn’t proving profitable. The president detailed the costs associated with hosting a match:
“Between referees, paperwork, police operations, and private security, you spend almost seven million and collect five. You end up in the red.”
Héctor Gómez, President of Chaco For Ever
Delayed Payments Hamper Income
The club similarly faces issues with delayed payments from commercial agreements. We have contracts worth 700 million per month, but payments are delayed due to bureaucratic issues,
Gómez revealed.
A Club with a Rich History Facing an Uncertain Future
A regular participant in the National tournaments during the ’60s and ’70s, For Ever achieved promotion to Primera from B Nacional to remain in the top division between 1989 and 1991. Afterwards, financial mismanagement and outsourcing led the club to compete in the Torneo Argentino, both A and B, until it returned to the Nacional in 2021.
FAQ
- How much money does Chaco For Ever need each month? 200 million pesos.
- How many active members does Chaco For Ever currently have? Approximately 1,500.
- What is the primary source of Chaco For Ever’s financial difficulties? A combination of insufficient income from memberships, matchday revenue, and delayed payments from commercial agreements.
The future of Chaco For Ever hangs in the balance as the club grapples with a severe financial crisis. The club’s leadership faces a critical challenge to secure additional funding and increase revenue streams to ensure its survival.