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La Liga Latest (Espanyol): Chen Yansheng not thinking of selling the club

La Liga Latest (Espanyol): Chen Yansheng not thinking of selling the club

Espanyol owner Chen Yansheng has revealed that he has not thought about selling the club, despite posting debts of £97m, according to reports.

Joan Fito, financial director of the Catalan club, explained the club’s accounts on Wednesday and revealed net debts of just under £100m.

This is an improvement however with the club paying off some of their substantial loans, whilst also investing in the first team.

Yansheng, who is the club president was satisfied with the findings from the General meeting of shareholders but did discuss his thoughts on selling the club.

“The results on the pitch are good and we are having a very good season, I just hope it remains that way, ” he told reporters. “It has never crossed my mind to sell the club, it is true that Espanyol need more injections of cash, but that does not mean I have to sell.”

Through to the next round of La Copa

After a 2-1 first leg defeat to La Liga 123 side Cadiz, Espanyol knew they had to put in a shift on Tuesday night and they managed to move through to the next round.

Despite having the majority of the ball and countless chances, the on looking Cornella-El Prat faithful had to wait until the 76th minute, when Hernan Perez popped up to finish the tie off.

“We all suffered because we took so long to score, ” Espanyol boss Rubi told reporters. “The risk was conceding a goal, but I always had faith that we would get the goal.

“The victories always help the players smile and have a greater confidence.”

Focus on the league against Barcelona

Saturday evening’s Catalan derby will come with great pressure for both Espanyol and Barca, having both kept up with the top seven/eight sides in the league.

Espanyol know that a win can get them up into the top six, whilst Barca will be hoping they can remain top of the table with a victory.