Madrid have debt ‘problem’ - economist

October 9, 2013
By Dermot Corrigan, Spain Correspondent

Renowned Spanish economist Jose Maria Gay de Liebana has backed claims that Florentino Perez is hiding the true size of Real Madrid’s debts, while saying its socios could lose control of the club should the situation not improve.

• Rigg: Alonso goes under radar

Perez regularly maintains that his commercial expertise has helped cut Madrid’s ...

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