El Nacional faces lawsuit for debt of USD 90,000: they are asking to auction their complex for USD 9 million
Club Deportivo El Nacional is facing a significant legal challenge due to a debt of USD 90,000, with efforts being made to auction its assets valued at USD 9 million.
The Ecuadorian Club Deportivo El Nacional has been served with a creditors' lawsuit, which was filed on March 12, 2026. This legal action, initiated by Klever Ramiro Oviedo Coronado, seeks to declare the club insolvent and open a necessary creditors' competition against it. The court documents reveal that this civil procedure has been registered with the Judicial Unit Civil Iñaquito in Quito, and it highlights the serious financial troubles the club is facing.
The lawyer representing the plaintiff, Gabriel Borja, has indicated that the lawsuit stems from an initial debt of USD 90,000 owed by the club. Apart from requesting the declaration of insolvency, the lawsuit seeks to gather detailed information about the club's assets, bank accounts, and investments held in public and private entities. The implications of this lawsuit could severely impact the club’s operations, as it is essential for them to address the legal and financial ramifications of this situation.
Additionally, the case has led to the club's sports complex being placed under injunction, raising concerns about the future of the facility valued at USD 9 million. The ongoing proceedings and their outcomes could not only affect Club Deportivo El Nacional's financial health and stability but could also have broader implications for its fans and stakeholders, raising questions about the sustainability of the club amidst these mounting financial difficulties.