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Association of Footballers pursues suspended payments

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With 309 players owed EUR 5 millions, the Association of Spanish Footballers (AFE) has asked the Spanish Football Federation (RFEF) for a schedule of suspended payments.
 
AFE president Gerardo González Movilla said his legal advisors and those from the Professional Football League (LFP) will carry out a study regarding the new Bankruptcy Law.
 
“The system is going to change if we get into this bankruptcy law,” he said. “Before players were paid and there was a fuss if they weren’t. So far, by means of a system of postponed payments, players were guaranteed to get paid but this new law makes that disappear. They lose their guarantees.”
 
Sports Minister Jaime Lissavetzky has been asked to look into the matter. All players have been paid money owed from 2005, amounting to over EUR 22 million. The AFE is also working on a project to pay former footballers social security payments not previously forthcoming.
 
Source: euFootball.BIZ © Copyright 2006 - All rights reserved.

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