High LeverageA debt-to-equity ratio of 25.63 signals very high leverage that constrains financial flexibility. In a revenue model tied to sporting performance, elevated debt increases refinancing and interest risks, limits capacity for strategic spending, and makes the club vulnerable to revenue shocks.
Negative ProfitabilityNegative EBIT and net margins show operations are not generating underlying profits after costs. Persistently unprofitable operations force reliance on asset sales or capital injections, weaken bargaining with partners, and threaten long-term ability to fund wages, transfers, and strategic initiatives.
Eroded Shareholder EquityROE of -439.14% reflects severe capital erosion and deep losses relative to equity. Structurally negative ROE discourages investors, raises cost of equity, and constrains options for equity financing; recovery requires sustained profit restoration to rebuild balance sheet health.