Budgets: Deportivo La Coruna file for bankruptcy protection
Spanish club Deportivo La Coruna have filed for bankruptcy protection on the 11/01/2013. According to El Pais, their deficit stands at €100m, of which at least 70% is owed to the Spanish Treasury (taxes). This level of deficit is double their annual budget, which in 2010/11 was €55m.
Currently second bottom in La Liga, Deportivo were relegated...
