Most of the Spanish soccer clubs are not within our means, and they face financial collapse. These findings, made a professor at the University of Barcelona, Jose Maria Guy, who spent a detailed study of the financial statements of twenty examples of clubs in the season 2006/07.

“Bankruptcy is threatening the entire Spanish football. potrebutsya a number of clubs outside help to pay his creditors. According to my calculations revenue clubs will soon be reduced, especially on television, loss of clubs and their debts will grow faster,” — said Gai.

“Transfer market, where prices rose so rapidly in recent years, waiting for deflation, as the real estate market. The era of huge financial injections in football is coming to an end,” - continued the professor.

“Most of the Spanish clubs are a limited liability company, the so-called anonymous sports associations. Time has shown that this type of management is ineffective. Some, such as Real, Barcelona, Athletic, are still a system where the owners of clubs are thousands of members of the club shareholders, rather than a limited group of shareholders. They are waiting for smaller shock than the other. The traditional model of club, which is responsible for all the board of directors, may become the only salvation of Spanish football coming from the financial collapse “- said Guy.

His calculations showed that the total debt of 20 examples of Spanish clubs in the season 2006/07 was 2.78 billion euros. About 40 percent of this debt is in short-term loans, which many clubs would be unable to repay. Until now, clubs have relied on income from the sale of players and transactions in the real estate market, which almost cover their costs, but because of the global financial crisis they have dramatically reduced, leading some clubs to the brink of bankruptcy.

Most of the Spanish soccer clubs are not within our means, and they face financial collapse. These findings, made a professor at the University of Barcelona, Jose Maria Guy, who spent a detailed study of the financial statements of twenty examples of clubs in the season 2006/07.

“Bankruptcy is threatening the entire Spanish football. potrebutsya a number of clubs outside help to pay his creditors. According to my calculations revenue clubs will soon be reduced, especially on television, loss of clubs and their debts will grow faster,” — said Gai.

“Transfer market, where prices rose so rapidly in recent years, waiting for deflation, as the real estate market. The era of huge financial injections in football is coming to an end,” - continued the professor.

“Most of the Spanish clubs are a limited liability company, the so-called anonymous sports associations. Time has shown that this type of management is ineffective. Some, such as Real, Barcelona, Athletic, are still a system where the owners of clubs are thousands of members of the club shareholders, rather than a limited group of shareholders. They are waiting for smaller shock than the other. The traditional model of club, which is responsible for all the board of directors, may become the only salvation of Spanish football coming from the financial collapse “- said Guy.

His calculations showed that the total debt of 20 examples of Spanish clubs in the season 2006/07 was 2.78 billion euros. About 40 percent of this debt is in short-term loans, which many clubs would be unable to repay. Until now, clubs have relied on income from the sale of players and transactions in the real estate market, which almost cover their costs, but because of the global financial crisis they have dramatically reduced, leading some clubs to the brink of bankruptcy.