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Sorin Răducanu calls Dinamo insolvency debt forgiveness theft

Former striker Sorin Răducanu claimed on live television that Dinamo's exit from insolvency involved unjust debt forgiveness, while a journalist countered that the club followed legal procedures paying a fraction of what was owed.

1 min read

Published · Bucharest

Photograph accompanying the source report: exclusiv Fostul atacant a izbucnit în direct: ”Dinamo a scăpat de insolvență că i s-au tăiat datoriile, a fost jaf!”
Photo credit

Photograph accompanying the original iAMsport report.

Photo: iAMsport · exclusiv Fostul atacant a izbucnit în direct: ”Dinamo a scăpat de insolvență că i s-au tăiat datoriile, a fost jaf!” · Cropped for display

Former Dinamo striker Sorin Răducanu stated during a live broadcast on iAMsport LIVE that the club’s emergence from insolvency involved debt forgiveness he described as theft. Răducanu argued that the mechanisms used to reduce the club's liabilities amounted to a robbery against public funds, expressing outrage that debts were simply cut rather than fully settled.

Responding to these allegations, Adrian Florea, deputy editor-in-chief at iAMsport.ro, stated that Dinamo operated within the framework of existing Romanian insolvency laws. Florea clarified that the club did not have its obligations entirely erased but instead paid approximately 10-15% of its total debts as permitted by the legal restructuring process.

Florea further noted that tens of millions of euros in liabilities were written off for Dinamo across two separate insolvency proceedings. Despite this significant reduction in debt burden facilitated by the legal system, Răducanu maintained his position that such outcomes allowed the club to benefit improperly at the expense of taxpayers.

This dispute over financial ethics arises as Dinamo currently leads the SuperLiga table, marking a sharp contrast to the previous 12 years. During that period, the club endured two insolvency filings and came close to ceasing operations entirely before achieving its current sporting recovery.

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