Article by Romeo Ene – published Tuesday, August 19, 2025 18:16 / Updated Tuesday, August 19, 2025 18:57
Surprise! Răzvan Zăvăleanu, the representative of the judicial administrator who contributed to the exit of Dinamo from insolvency, will deal with another club with financial problems in Superliga.
The mandate of the RTZ & Partners insolvency company at Dinamo It was a real success. The club came out at the end of June from the insolvency procedure initiated in 2021, and this will be involved today at UTA Arad, according to prosport.ro.
Răzvan Zăvăleanu and RTZ & Partners are involved on Tuesday at UTA Arad
The situation is slightly different at the UTA compared to Dinamo in the context in which the band in the west of the country entered a preventive agreement on Friday, the last step before the insolvency.
When Răzvan Zăvăleanu's team started work in Dinamo, the club was already in insolvency, the last step before bankruptcy.
What does the preventive agreement refer to? It is practically the last step towards insolvency. The debts are not cut as in the case of the insolvency procedure, but they are rescheduled. In the same situation is Ploiești Oil.
Also, Poli Iași is also in this procedure, but the club in Copou relegated to the Superliga at the end of last season.
On Tuesday, the Arad Tribunal accepted the request for entry into preventive agreement of UTA, and RTZ & Partners SPRL will have the capacity of Concordar administrator.
The Arad Court has accepted the request for entry into preventive agreement of UTA
Therefore, UTA Arad will be the number 5 club in Romania that is part of the portfolio of RTZ & Partners. Răzvan Zăvăleanu and his team also dealt with other teams that were insolvency: CFR Cluj, ASA Târgu Mureș, Gaz Metan Mediaș and Dinamo.
From a sporting point of view, UTA Arad is doing great. It is in 3rd place, with 12 points after the first 6 stages. The band coached by Adrian Mihalcea recorded three victories and three equality results.
