Spain: Javier Tebas wants to reduce the total debt of clubs by €100 million (- 5%) in 2014-15

Javier Tebas, president of the LFP (Spanish Professional Football League) wants the total debt of Spanish clubs reduced by approximately €100m by the end of the 2014-15 season, he announced at a meeting with the Spanish parliament regarding the financial control system put in place by these bodies in 2012, on 30/09/2014.

The aggregate debt (to...