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Spain - the latest news
Civil court will decide fate of football fraud case
April 14th, 2008
Civil courts will have to decide if there is any punishment for a man accused of trying to defraud four former Spanish league footballers and a coach and two agents. The accused man is known as Juan T.C. The victims alleged he tried to defraud them of ...
Real Madrid looking for cash flow in wake of Beckham exit
April 4th, 2008
The world's supposed richest club is in dire need of a little financial assistance. Spanish Real Madrid, which earned the title of world's richest club from Deloitte, have asked for a GBP 24.5 million emergency loan from La Caixa bank. One reason: David Beckham. ...
Spanish Federation approves budget
March 10th, 2008
The Spanish Football Federation approved the 2007 budget for EUR 84 million in 2008. The accounts were approved by a vote of 118 for and 25 against. One objection was raised that the federation does not have an audit system in place.
Barcelona declared the world's most followed club
February 26th, 2008
Spanish Barcelona is the club drawing the most online headlines and taking the most time during TV sporting briefs. Studies from the Universidad de Navarra and Sport + Markt named the club the most covered one in the world, surpassing Spanish rival Real Madrid and English Manchester ...
Barcelona takes in midseason profit
February 19th, 2008
Spanish Barcelona announced EUR 9.4 million in profits at the midpoint of the season. The club generated EUR 153 million in income and had expenses of EUR 143.6 million. Income came from television, which generated EUR 56.7 million; stadium exploitations, which added EUR 44 million; merchandising, which ...
Clubs to test pay TV market
January 29th, 2008
Spanish football clubs no longer want free-to-air TV solely as a platform for their matches. Clubs point that no other league in Europe makes its clubs broadcast free-to-air. They are lobbying for the nullification of the 1997 law that forces football on free-to-air. Clubs contend that they ...
Relegation costs Malaga
December 10th, 2007
Spanish Malaga is on the verge of announcing more than EUR 11 million in losses for the past year. The estimate is that the club took a EUR 11.2 million loss this past season, which is twice as much as last year. Part of ...
Valencia spending land income on pressing needs
November 26th, 2007
Spanish Valencia has received a EUR 90 million windfall for selling its training ground, but has been forced to spend the money for items it was not earmarked for. The income has been used on player's salaries and compensation packages for former managers. It was supposed to ...
Celta Vigo deeper in debt than originally believed
November 15th, 2007
Spanish Celta Vigo are deeper in debt than originally anticipated. The club is behind EUR 84 million, far off the estimated EUR 50 million figure that had been bandied about. A further deficit of EUR 11 million could be due as the club was relegated from the ...
Court ruling pushes Mediapro to pay Sogecable to air matches
November 7th, 2007
Mediapro was dealt another setback in its ongoing feud with Sogecable when a court ruled that the company must acquire rights from Sogecable subsidiary Audiovisual Sports if it wants to continue broadcasting Spanish league matches. Mediaprp has been airing matches on La Sexta without Sogecable's permission. The ...





