Alcorcón to stay in Segunda after 11th-hour audit approval
Madrid club was threatened with demotion due to doubts over allegedly fictitious loan
La Liga authorities have made an 11th-hour decision to register Alcorcón in the Segunda División for the forthcoming season after studying the audit of its accounts carried out by the state's Higher Sports Council.
With just two days remaining before the Spanish soccer league kicks off, it was still unknown who the second tier's Team 22 would be after possible irregularities were detected in the Madrid club's transformation into a Sociedad Anónima (S. A.) stock company.
Now a committee — made up of Liga president Javier Tebas, six teams from Primera and several others from Segunda — has unanimously decided that the process was carried out correctly. Alcorcón, which finished fifth in Segunda last year and qualified for the playoffs to be promoted to Primera, will now begin its 2013-14 campaign on Sunday evening at home against Tenerife.
"The uncertainty has not been good, but everything is now resolved," summed up Alcorcón president Julián Villena at Liga headquarters, from where he followed the meeting on Wednesday morning.
The concerns about the club's transformation into an S. A. had to do with a possible fictitious loan deal that it had used to increase the share capital authorized. A similar type of fraudulent operation has already cost Guadalajara its place in Segunda División this season.