they brought a colossal fortune to Ioan Varga

Article by David Marinescu – Published Wednesday, 06 May 2026, 18:16 / Updated Wednesday, 06 May 2026 18:16
The financier of the from CFR ClujIoan Varga, announced a real revolution in Gruia. The businessman launched a harsh attack on the former leaders and said that the club's strategy will change radically in the coming period, through the Sports Gazette.
“The former great managers brought me 20 players, of which only one was good. And I gave them a lot of money, both when they came and when they left. But that's it! Everything is changing. We're cutting into live meat! I don't want to be the black sheep anymore, to stop scandals,” said Varga, who also explained the new decision-making structure in the club.
Neluțu Varga “thundered” at the former leaders of Gruia
The boss claims that no more transfers will be made “after two tapes”but based on a rigorous selection, with the involvement of several people from the club and with the final approval of the coach.
He stated that he will be personally involved in the financial side and that the objective is to build a new team capable of recreating the period of hegemony between 2017 and 2022.
“And I will be involved in the transfers, of course, only in the financial part. The four will look for players and pick them on the eyebrow, not like it was done before, just by watching two tapes. Then the coach gives his consent and I will give my consent in terms of finances.
We make the title team! I want us to restore the leadership that brought five titles. We no longer have financial problems, I escaped the gang of spendthrifts and I turned the club around. We're only going forward now. And we will be stronger,” Varga said.
The gang of spendthrifts that Nelutu Varga refers to consisted of Răzvan Zamfir, Cristi Balaj, Marius Bilașco and Bogdan Mara, all of whom left CFR Cluj at this moment, with the formalization of the separation from the last of them today.
The figures contradict the financier of the “railways”! 23.47 million euros more
However, the figures of the last years seriously contradict the financier of the “railways”. During Cristi Balaj's mandate, which began in November 2021, CFR Cluj went through one of the most profitable periods in the club's history in terms of transfers.
In the three full seasons of the “Balaj era” + part of the current one, the Transylvanians recorded a total increase of 23.47 million euros from transfers:
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2025-2026: +7.76 million euros
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(revenues 8.56 million euros, expenses 0.80 million euros)
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2024-2025: +6.90 million euros
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(income 11.05, expenses 4.15)
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2023-2024: +8.16 million euros
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(income 8.95, expenses 0.79)
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2022-2023: +0.65 million euros
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(income 1.78, expenses 1.71)
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Practically, in every season during this period, CFR Cluj came out on top in terms of transfers.
In contrast, before Balaj's arrival in management, the club's balance sheet was negative.
In the 2017-2021 interval, CFR accumulated a total minus of 1.23 million euros on the transfer market:
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2021-2022: -0.68 million euros
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(revenues 0.80 million euros, expenses 1.49)
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2020-2021: +1.38 million euros
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(income 2.40, expenses 1.03)
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2019-2020: -1.61 million euros
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(income 0.20, expenses 1.81)
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2018-2019: +2.48 million euros
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(income 2.50, expenses 0.02)
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2017-2018: -2.80 million euros
Thus, although Ioan Varga talks about the “gang of spendthrifts” and about a faulty administration, the financial data show that it was precisely the recent period, now criticized by the boss, that brought the highest receipts from transfers for CFR Cluj.
The most important receipts from transfers were the following
|
Player |
Team |
Amount |
|---|---|---|
|
Louis Munteanu |
DC United (USA) |
6 million euros |
|
Philip Otele |
Al Wahda (UAE) |
3.5 |
|
Daniel Birligea |
FCSB (Romania) |
3 |
|
Razvan Sava |
Udinese (Italy) |
2.5 |
|
Kevin Boli |
Hengfeng (China) |
2.5 |
|
Simone Scuffet |
Cagliari (Italy) |
2.5 |
|
Emmanuel Yeboah |
Brondby (Denmark) |
1.8 |
|
Karlo Muhar |
Al-Orobah (Saudi Arabia) |
1.5 |
|
Lindon Emerllahu |
Polissya Zhytomir (Ukraine) |
1.5 |
|
Mihai Bordeianu |
Al-Qadsiah (Saudi Arabia) |
1,2 |
|
Andrei Burca |
Al-Okhdood (Saudi Arabia) |
1 |
|
Nana Boateng |
Jeonbul Hyundai (South Korea) |
1 |
|
Ermal Krasniqi |
Fast (Romania) |
1 |
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In the financial report for the year 2025, the group from Gruia registered total operating income of approximately 9.0 million euros, but expenses reached approximately 14.8 million euros, which generated a net loss of approximately 6.2 million euros;
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Last year, the team patronized by Ioan Varga had a profit of approximately 630,000 euros, the first year in “plus”, after a four-year break;
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The transfers brought an almost non-existent profit, of approximately 10,000 eurosgiven that in the previous season the club reported earnings of over 6.2 million euros from this area;
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The debts of the CFR Cluj club rise to a significant level, with short-term debts of approximately 24.3 million euros;
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In the long term, the debts are approximately 1.2 million euros, representing obligations to the tax authorities. Thus, the total debt reaches approximately 25.5 million euroshighlighting a considerable financial pressure on the club;




