Sports

Dinamo filed the official application for insolvency exit

Article by Romeo Ene – published Tuesday, June 10, 2025, 17:56 / Updated Tuesday, June 10, 2025 18:04

Dinamothrough the judicial administrator, filed the official request for insolvency! Thus, after 4 years, the “dogs” are preparing to get out of the procedure with which they avoided a bankruptcy that seemed imminent at some point.

The judicial administrator formulated the report with the proposal to exit the club insolvency, according to prosport.ro. Despite the fact that there are still several lawsuits with Vasile Șiman, the former patron of student sport, the “dogs” are confident about the end of the “calvar” of insolvency.

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Dinamo made the official request for insolvency out! What happens to Vasile Șiman's processes

His leaders Dinamo He hopes that the syndic judge will not consider the actions that Vasile Șiman has in court. He appealed in the case of the process regarding the accessories in the case of the million euros requested in the case of Ionuț Șerban.

The white-red rely on the fact that the judge will take into account the two favorable decisions in front of Vasile Șiman and will not block the society in the state of insolvency.

The stakes of rapid insolvency exit is clear: the right to participate in European cups in season 2026-2027. Otherwise, the reorganization plan is approved until November 2025. If Dinamo comes out of the insolvency until the start of the new competitive season, then the “dogs” will have a real stake in the next season.

If they will finish on a place eligible for European cups or win the Romanian Cup, the dynamovists will have the right to participate in the European Cups.

The shareholders of the club, especially RNV Sport SRL, part of the Renovatio group, have already started to solve several current receivables, a mandatory requirement to be able to address the syndic judge with the official application, the report of the judicial administrator on leaving the insolvency procedure.

The first step was taken last month. The General Assembly of the creditors approved the agreement by which the debt of almost 1.5 million euros (for the National Agency for Fiscal Administration), was staggered for a period of 48 months under the guarantee of the Sports Base.

Therefore, the meeting that can be decisive for Dinamo is scheduled on June 23.

Second insolvency for Dinamo

Starting with June 2021, Dinamo goes through the second insolvency in the history of the club. The first was exceeded in a year and three months, and the representatives of Ionuț Negoiță paid only 800,000 euros from the debts that summed up 17.5 million euros.

On June 28, 2021, the Bucharest Court admitted the request for insolvency. The club had debts of about 6 million euros and prohibition on transfers, due to the financial arrears to the former players, especially the Spaniards, brought during the period when the majority shareholder was Pablo Cortacero (2020-2021).

Ashley Davis

I’m Ashley Davis as an editor, I’m committed to upholding the highest standards of integrity and accuracy in every piece we publish. My work is driven by curiosity, a passion for truth, and a belief that journalism plays a crucial role in shaping public discourse. I strive to tell stories that not only inform but also inspire action and conversation.

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