La Liga news

Deportivo hit by Spanish taxman

November 8, 2012
By Dermot Corrigan, Spain Correspondent
Deportivo la Coruna are the latest La Liga club to be hit by serious financial bad news, with the Spanish government reportedly embargoing all their income, including television, ticket and commercial revenues.

A report in Spanish paper Marca on Thursday claimed that, with Deportivo approximately €100 million in debt, long-serving club president Augusto Cesar Lendoiro would have no option but to seek protection from creditors under Spain's Ley Concursal, the Spanish equivalent of ...

Read more

ESPN Conversations


To comment, you must be a registered user. Please Sign In or Register