News Alerts
Headlines
Clubs owe EUR 14.7m debt to players
Spain - 07 August, 2007
Adjust font size:
Some Spanish clubs owe outstanding debts to its players and, according to the Association of Spanish Footballers (AFE), the debts must be paid immediately or the clubs could be relegated.
Celta Vigo are one of the most high-profile sides with debts to pay, approximately EUR 600,000 behind. The total debt is approaching EUR 14.7 million.
Vecindario, Hércules, Valladolid, and Elche are also in debt to players. Segunda Liga club Alaves will not be able to pay off the complete debt of EUR 5.1 million, but will not be relegated due to legal intervention.
Celta Vigo are one of the most high-profile sides with debts to pay, approximately EUR 600,000 behind. The total debt is approaching EUR 14.7 million.
Vecindario, Hércules, Valladolid, and Elche are also in debt to players. Segunda Liga club Alaves will not be able to pay off the complete debt of EUR 5.1 million, but will not be relegated due to legal intervention.
Source: euFootball.BIZ © Copyright 2006 -
All rights reserved.
© Copyright message
The copying, republication, redistribution or web posting (including by framing or similar means) of this content is expressly prohibited without the prior written consent of euFootball.BIZ
-
Finance
Television
Sponsorship
Marketing
Technology
Competitions
Clubs
Stadia-Facilities
Legal
Administration
Events