Anfi have finally made it public to their members, however, they have only waited until now because it has been published.

They claim that it will in no way affect their members. However, this is more than definitely going to have an impact on some. One of the reasons they are facing financial difficulty is due to them losing a court battle in 2015 which allowed owners to relinquish their timeshares, and some to claim compensation.

Now that they have admitted the situation, many owners will contact claims companies and begin legal action of their own. The more members that relinquish their timeshares, the higher the maintenance fees will be for the remain members!

Therefore, Anfi resorts and Anfi sales entering into bankruptcy will affect their member greatly. Anfi hid this important information from their member, as they also hid the fact that their perpetual contracts were illegal. 

Their information available to their member seems to be very vague.

which we understand to be a onetime situation

This certainly is not oozing with confidence! 

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Below is the message they posted on their website for their members to find.

Dear Members, The General Management of the Anfi Group wish to inform you that two of the companies within the Anfi Group of Companies (namely Anfi Sales SL and Anfi Resorts SL), have gone into administration as of 23rd September.

This is a measure agreed by the Spanish Courts of Justice and does not affect the operation of the resorts nor the rest of the companies that make up the Anfi Group. The Clubs have their own autonomy, distinct from Anfi Sales SL and Anfi Resorts S.L. and therefore, they operate as independent bodies with their own income and expenses and, as such, will not be affected at all by this which we understand to be a onetime situation.

This information has been made public in the local and international media and, therefore, the General Management of the Anfi Group consider it appropriate and necessary to inform you that all Anfi members can continue to enjoy their holidays as they have until now, and that their rights as members will remain totally unchanged. Anfi will continue to operate under the timeshare regime as it has done for the last 30 years, and your obligations and rights of use and enjoyment are guaranteed and safeguarded, as could not be otherwise.

Therefore, this onetime situation will have no negative impact on your holidays, and we would like to reiterate the fact that your affiliation rights will not be affected inany way. In Anfi, work continues daily so that you may continue to receive the best of services. Whenever possible, we have taken advantage of the low occupancy during the recent difficult times to do repair works in the Clubs, although we know that there is still more work to be completed.

The whole Anfi team encourages you to continue with your plans to travel. We look forward to warmly welcoming you back soon to your holiday home in Gran Canaria. Regards,