Boca Juniors Statement:
Following the last game of the season the board have met to discuss the clubs’ imminent relegation to Division Three and the future direction the club wishes to take.
As a result of these talks a number of decisions are hereby announced.
The position of the Clubs Manager Sir Kevin Wallace will be resolved immediately, The Club have decided that he will remain Boca Manager for the season ahead but are triggering a clause in his contract whereby should the club fail to regain its Division Two status with a successful promotion campaign next season the contract shall be terminated on the final day of next season. Both Manager and Club have signed this agreement tonight.
In light of the financial implications of relegation, with immediate effect the club will reduce its wage bill by a squad reduction to 43 from the current 49. The manager has been tasked with this reduction and offers have tonight been made to Seven players to join the club at both full and youth team level. In total 13 of the current playing staff will be allowed to leave to bring about the required squad reduction.
It shall be left to the Manager to decide if the All Argentinian player policy is to continue, the squad for next season shall be his and the results gained will be measurable against the promotion target set.
The Club also wish to intimate a willingness to take part in the Youth Cup next season, something they did not do this season, and the Manager is tasked with ensuring a squad balance to allow this.
The Board wish to thank all the loyal Boca Supporters for their continued support in these trying times…the goal for next season is specific and failure to meet the standards we expect shall result in a change of Manager and direction…
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