$60m a month: The crippling figure that drove Colón from pro basketball

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·1 juin 2026

$60m a month: The crippling figure that drove Colón from pro basketball

The Board of Directors of the Santa Fe club formally announced its decision not to participate in the 2026/2027 season of the tournament organized by the Association of Clubs (AdC). The measure seeks to preserve the institution’s financial balance in the face of a budget that has become unaffordable.

COMUNICADO OFICIAL La Comisión Directiva del Club Atlético Colón informa a sus asociados, simpatizantes y a la opinión pública que, luego de realizar un análisis integral de la situación económica y financiera de la institución, resolvió no participar en la próxima edición de
– lundi 1 juin 2026

Reasons for the withdrawal

Monthly cost: Maintaining the professional spot required an estimated expense of 60 million pesos per month.
Institutional priorities: The leadership explained that paying that amount would put essential resources for the club’s overall operation at risk.
Failed efforts: Sponsors and external contributions were sought for weeks, but the necessary financial guarantees were not secured.

Next steps and the leadership’s position

The club has already formally notified AdC authorities of its withdrawal. Currently, the directors are working to resolve the regulatory procedures and existing contracts resulting from this cancellation.

Vidéos OneFootball

Through the statement, the Board of Directors emphasized that the decision reflects a policy of “responsible management and sustainability”, prioritizing order and the protection of Club Atlético Colón’s assets over athletic competition in this discipline.

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