Spain: debt of clubs down €150 million since 2012 according to the State Secretariat for Sport
The accumulated debt of clubs in Liga BBVA and Liga Adelante, the first and second divisions of Spanish football, decreased by €150 million since 2012, announced Miguel Cardenal, Spanish Secretary of State for Sport, on 03/02/2014. He stated that the overall financial situation of Spanish clubs is improving, especially in the second division...
