KSP Polonia Warszawa’s Financial Problems – Analysis of Liquidity and Debt by Elżbieta Marcinkowska

“…In July this year, an application was filed with the court confirming insolvency of the club and, by virtue of a decision issued by PZPN (Polish Football Association), Polonia Warszawa, so far playing in the Ekstraklasa (Polish top division), will start the next season in the 4th division. …”
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