Espanyol has gone on record debts

The Primera Liga club reported on its last general assembly debts of €44.2m.  The board has included the receipt of €36m for the sale of the land where the club's new stadium will be built in last season's accounts. The board spent 6.4% more last season on player signings but also registered a 38% increase in sponsorship revenue. The club receives the fifth largest amount of income from TV agreements in the Primera Liga and lies only behind Real Madrid, Barcelona, Valencia and Atlético Madrid in terms of revenue. 86% of club members voted for Daniel Sánchez Llibre, the majority shareholder, to extend his tenure as owner of the club.

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