Major row at Unión: opposition demands urgent Review Committee action | OneFootball

The institutional and financial situation of Unión added a new chapter this Thursday after the opposition group Encuentro Unionista submitted a note to the Accounts Reviewing Commission to demand its intervention and the exercise of its oversight powers.

The request was filed under No. 433401 at 8:45 a.m., after the Board of Directors failed to respond to an initial request for information submitted on July 22.

According to documentation from the Central Bank of the Argentine Republic (BCRA) attached by the group to the filing, the club has allegedly accumulated 44 bounced checks totaling $700,067,887.83. Of that total, $61,935,066.94 would have been paid or regularized, equivalent to 8.85%.

In addition, between August 25 and 27, another 21 checks were allegedly recorded as bounced due to insufficient funds. As a result, the amount reported by the opposition would have risen from the $658.3 million reported in July to more than $700 million.

The documentation also points to a total debt reported in the financial system of $1,840,315,000, corresponding to July 2026, while Banco Macro reportedly classified the club as Situation 2, under special monitoring.

Request for information about the club officials

One of the main points of the filing is related to possible transfers of club funds to members of the Board of Directors.

Encuentro Unionista requested that the Accounts Reviewers determine whether there were payments, withdrawals, advances, reimbursements, travel allowances, fees, compensation, or loans in favor of the president or other directors.

The group also asked for the supporting documentation for those transactions to be analyzed and for the movements to be cross-checked against the institution’s minute books.

They demand answers within ten days

The opposition members also questioned the alleged failure to publish the Quarterly Cash Balance, as provided for in Article 65, subsection g, of the Bylaws.

Finally, they set a deadline of ten calendar days to receive a formal response from the Accounts Reviewing Commission regarding the actions taken.

In the filing, Encuentro Unionista recalled that, under Article 84 of the Bylaws, the Reviewing Commission would have the authority to request the convening of an Extraordinary General Assembly when it considers it necessary to safeguard Unión’s assets.

It should be clarified that the data and claims mentioned correspond to the filing made by the opposition group and must be analyzed and eventually answered by the authorities of Club Atlético Unión.

This article was translated into English by Artificial Intelligence. You can read the original version in 🇪🇸 here.