The idea of the president is to continue and face the vote because it is not so clear that they will achieve 66.6% of the votes in the referendum.
However, there is an important point that can benefit Bartomeu. If the motion is passed, accounts of the season 20/21 will have to be closed the new president closing the Responsibiity Action on Bartomeu and his Board.
The Directive has closed the balance of the 19/20 campaign with losses of practically 100 million euros . They are audited. As this Directive had generated profits in previous years in excess of those 100 million, there is no reason for a Liability Action. Although it is true that the new president would do an audit to verify the accounts of 19/20.
Taking these accounts for granted, the Responsibility Action could occur if Bartomeu closed the accounts for 20/21 with considerable losses, something that cannot be ruled out given the complicated situation caused by Covid-19. But if Bartomeu and his board leave, the accounts will be closed by the new president and they would go out of their way. [Marca]
----
Tefloneu might actually be better off if the motion of censarship passes. Amazing.
