Deportivo La Coruna news

Lendoiro 'sad' about administration

January 11, 2013
By Dermot Corrigan, Spain Correspondent
Deportivo La Coruna president Augusto Lendoiro has said he is "ashamed" that the club has sought protection from its creditors using Spain's Ley Concursal measure and has pledged to repair Depor's perilous finances.

The Galicians, currently approximately €99 million in debt and struggling in 19th place in the Primera Division, announced confirmation of the Ley Concursal move on their website on Thursday.

Ley Concursal protection is similar to administration in the UK, ...

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