Xerez CD suffer administrative relegation to the Tercera
Relegated from the Segunda last season, Xerez CD have now been administratively demoted from the Segunda B to the Tercera, for failing to meet payment deadlines.
Just past midnight, the deadline for a number of clubs to prove their solvency, a joint committee of the Spanish Players Union (AFE) and the Spanish Football League (LFP) announced that Xerez CD have been demoted.
The penalty for the club comes due to having failed to meet the end of July deadline set by the governing bodies of Spanish football, to prove solvency and ensure that payments due to players had been met.
Having failed to meet the deadline, the joint AFE-LFP committee announced that the club will now be relegated to the Tercera, the fourth tier of Spanish football, with their decision now being referred to the Spanish Federation, RFEF.
The future of the club is now in severe doubt, given the crippling debts and creditors seeking insolvency proceedings against them. Such is the dire situation, fan groups have already commenced with the formation of a new club last month, amidst their doubts that Xerez CD will continue for much longer.
In contrast, Deportivo La Coruña and CD Mirandés, met the deadline to the satisfaction of Spanish football’s governing bodies and will both continue in the Segunda this season.