Spain: Pro clubs had €3.5bn in debts at end of 2012-13 (down by 5.3%)
Liga BBVA and Liga Adelante, the first and second Spanish professional divisions, had €3.573bn in debts at the end of the 2012-13 season, Miguel Cardenal, Spanish secretary of state for sport, announced on 07/05/2014. This represents a decrease of €202.2m, or 5.3%, from the 2011-12 season.
"The system of financial controls is working well...
