Friday, August 27

Xinabajul performing well despite serious financial issues

Xinabajul of Liga Nacional in Guatemala posted a 2-0 victory over powerhouse and Champions League side Municipal last Sunday. It was the club’s third consecutive win after dropping the losses for the two fixtures, good enough to climb into a tie for third in the league despite having significant financial issues.

Things, however, may be hitting a tipping point in the wrong direction as the team’s current leading scorer Gilberto Cesar Alegria departed the club Thursday, citing that he left the team due to the economic problems at the club,. Management met with him, to discuss plans on paying what they owe him, after he said farewell to his teammates at a morning training session.

The club reportedly paid the players 25 percent of the salaries they were due for the month of July on Monday. Players were upset at the amount received and allegedly questioned the attendance report, and the subsequent revenue made, for the match against Municipal.

The club expects to pay the remainder of the salaries upon receipt of the money due from sponsors in the coming days, but have been delaying payments since initially agreeing to pay them a percentage of the salary owed in the first few days of the month.

The club came into the season in debt and in search of new financial support. The situation resulted in the club having to forfeit its opening match July 24 against Marquense (deemed a 3-0 loss) as it had not met its obligations with the league at the time, including processing player registration and paying the applicable fees. It was facing removal from Liga Nacional, but has since named a new president and executive board.

The team has steadily declined since its promotion to the league for the 2008-09 campaign, opening with a sixth place finish in the 2008 Apertura and subsequently finishing seventh, eighth and, in the Clausura this past spring, 11th. It has a combined season record of 24-25-31 (W-D-L) during the four Liga Nacional Apertura/Clausura sessions.

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