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San Lorenzo on the brink of bankruptcy after judicial setback

7 0
20.08.2025

Argentine football giant San Lorenzo finds itself in dire economic straits after the National Commercial Appeals Court reversed a decision halting a bankruptcy order from one of the club’s benefactors.

San Lorenzo owes U$S5.3 million to the Swiss fund AIS Group after assuming the debt between 2019 and 2020. Both parties had reached an agreement on payment terms, but the club missed its deadlines in 2025, reactivating the lawsuit. In May, Judge Guillermo Pesaresi had rejected a request for bankruptcy from the fund that........

© Buenos Aires Herald