Mubarak Wakaso's January sale helps Alaves post positive balance sheet
4th May 2020
At the time most football clubs are reeling from the devastating financial impact the coronavirus pandemic is having on them, its a different story for Spanish La Liga side Deportivo Alaves.
Alaves have recorded a positive balance sheet as the sale of Ghanaian midfielder Mubarak Wakaso in January to Chinese side Jiangsu Suning earned them a healthy profit.
The Ghanaian midfielder was sold in the January transfer window for 4 million euros earning them some income which has boosted their balance sheet.
In the wake of the dire financial consequences the COID-19 is having on clubs that sale of Mubarak Wakaso and Guillermo Maripan has helped mitigated the impact.
Deportivo Alaves sold Guillermo Maripán to French Ligue 1 side AS Monaco for a fee of 15 million euros in January.
There were also loan deals for Antonio Sivera Salvá, John Alberto Guidetti and Jorge Franco.
These transactions means the club posted a healthy income of 76.12 million euros which has helped them stay afloat financial in these trying times.