Spanish Football is Built on Debt
I know there’s a lot of debt in British football and some clubs such as Portsmouth and Rangers seem to have succumbed to the problems. But this is nothing compared to the tax debts of the leading Spanish clubs, as detailed in this report from AFP.
I thought UEFA had a series of fair-play rules, that British clubs adhere to. It would appear that Spanish practices are different. Here’s just one phrase from the report.
But the latest figure to hit the headlines in Spain is the 752 million euros that Spain’s elite clubs owe to the tax man at a time when more than five million are unemployed and the government is asking citizens for more sacrifices.
Even Rangers don’t owe a tenth of that to the taxman.
The Anonymous Widower 
[…] incidentally, may hit Spain worse than anybody else, if the practices of Spanish clubs, I outlined here are […]
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