Spanish football is in crisis

I read in The Independent a very interesting article about the fragility of our system football, and as the global crisis also reaches these areas. Many small and midsize teams fall into the red.

The article starts harshly criticizing Spain. "You can have your selection in the highest office in the rankings and have the richest club in the world, but the football-obsessed nation may enter a recession after 15 years and many teams fall to red.

Real Madrid and Barcelona are the first and third world's richest team, respectively, entering with endorsement deals and TV stations hundreds of millions of euros, but the small teams are not so lucky and are operated by management, as the Real Sociedad, Celta Vigo and the Levant.

"The financial situation of our clubs is critical," says Baker Angels expert. "I'm really afraid of football because this situation is not sustainable in the medium term." Spanish clubs joined, together, a debt to the administration of 607 million, and this was in July.

"The situation is more difficult than last year. It is harder to find sponsors and companies that advertise on TV. The worst teams in the face of crisis are the medium and small. "The second division also runs through bad times.

"If we are not careful, I might conclude that the star players from other leagues do not want to come to play in Spain because I would have doubts about the payment of their salaries," said Javier Tebas, vice president of the LFP.

Source and Image | The Independent