Fertiberia Puerto Sagunto signs an €18,000 agreement with Valencia Provincial Council

Fertiberia Puerto Sagunto and Valencia Provincial Council have signed a collaboration agreement granting €18,000 to the red-and-white club. Yesterday, the agreement was signed by the Councillor for Equality, Culture and Sport, Isabel García, and president Juanjo Bataller, mediated by the Mayor of Sagunto, Francesc Fernández.

The club would like to thank the provincial institution for its support, which, despite the political change within the institution, continues to support the club's development.

However, the reduction in the amount provided, from €40,000 in the previous financial year to €18,000 in the current one, creates a budget shortfall for the red-and-white club, as all forecasts and expectations were based on maintaining the subsidy received under the previous government.

According to sources at the provincial council, and confirmed by the mayor himself in statements to Sagunto Town Council's communications office, the reason for the reduction appears to lie in the legal situation affecting the public company Imelsa, which is under investigation by the Public Prosecutor's Office and channels this type of subsidy through the Valencia Terra i Mar brand sponsorship.

The Board of Directors hopes that the Mayor, Francesc Fernández, who has shown firm support for the club, will seek new ways of mediating support for the club, helping to balance the Valencian red-and-white club's accounts. Along these lines, Fernández himself states that “I would once again like to emphasise our support for the most emblematic club in our city, and in the coming weeks we will continue to demonstrate that we believe the Fertiberia club is very important for our profile and for promoting the city's tourism. I believe it is good news, which will be accompanied by further news, that will enable this club to establish itself in the top tier of handball and aspire to occupy the top positions in the table.”

On behalf of the red-and-white club, its spokesperson and vice-president, Carlos Argente states that “We are delighted to continue receiving the support of Valencia Provincial Council. A sport as emblematic in the province as handball should receive the support of this institution. However, in addition to the sporting setbacks, the substantial reduction in funding gives us new headaches. €22,000 is a great deal of money in a budget as tight as ours.”

Translation produced using artificial intelligence.