Clubs: archives December, 2013 (page 4/4)

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Spain: ownership of players by third parties a solution to clubs debt - Javier Tebas

"Atletico Madrid must pay €17 million each year to a bank. This is nearly enough money to pay for Cristiano Ronaldo’s new contract. We must look for a solution so that clubs have an alternative, do not have to pay this interest," said Javier Tebas, president of Spain's LFP (professional football…
Domain(s): Clubs
• Category(ies): Finance, Authorities, Legal, …
• Article # 12262
• Published on