Alvise Pérez triples endorsements, seeks campaign funds for Spain's Nov 29 vote

Alvise Pérez claims tripled endorsements and requests donations for the November 29 campaign

How much does an electoral campaign cost that doesn't rely on subsidies? Alvise Pérez, leader of Se Acabó La Fiesta (SALF), has announced he has tripled his endorsements across Spain and asked supporters for financial help to fund the campaign for the November 29 elections. The announcement comes amid controversy: the party will present its electoral contract on Tuesday, November 10, in Madrid, but the fundraising request has peine the debate on political party financing.

The money request is not an isolated case. The PSOE, for its part, offers a campaign microloan with 3.75% interest to recover the investment, a formula that has attracted attention even among critics. The difference is that Alvise's party is not asking for a repayable loan, but for voluntary donations. According to defenders, this avoids dependence on banks and public subsidies. According to detractors, it is a way to bypass financing controls.

Crowdfunding as an alternative to subsidies

The central argument is that a campaign costs a fortune: printing, posters, loudspeakers, buses, and lawyers. If one doesn't want to depend on public funding, one must ask members and supporters. This is the logic defended by some analyses: "there is nothing wrong with people who like something financing it." They add that all parties and unions should work this way, with voluntary fees rather than millions in public money.

The problem is that Alvise himself boasts about not accepting subsidies and paying for emergencies out of pocket. Now he is asking for campaign funds. Is this consistent or contradictory? For his trinc, it proves he doesn't live off the budget. For his critics, it confirms that every politician eventually needs money, regardless of the source.

The PSOE precedent: microloans at 3.75%

While Alvise asks for donations, the PSOE has launched a different formula: a campaign microloan at 3.75% interest. The message is clear: "recover your investment." That is, it is not a donation, but a loan that is repaid. The move has financial logic: a rate of 3.75% is higher than many Treasury bills, making the operation attractive to savers. But it also raises doubts: what happens if the party loses? Who assumes the risk?

The comparison between both models is inevitable. Alvise asks for non-repayable funds; the PSOE asks for loans with interest. The first risks accusations of irregular financing; the second, accusations of commercializing politics. Neither escapes suspicion.

The electoral contract of November 10

Alvise's party will present its national electoral contract on Tuesday, November 10, at Espacio Alma in Madrid, with free entry. It promises "several surprises." The event will unveil Se Acabó La Fiesta's proposals for the November 29 elections. The question remains whether the announcement of tripled endorsements will translate into votes or remain just a gesture.

Meanwhile, the conversation about party financing continues. Some argue that the current system, with tens of millions of euros in subsidies, is a burden on democracy. Others defend that without public money, equal opportunity cannot be guaranteed. Alvise has chosen his side: the hat. And the PSOE, the microloan. Each in their own way, both have turned financing into the center of the electoral debate.

In the end, the question is always the same: who pays for the party? And the answer, for now, is that everyone pays as they can. Or as they are allowed.