Funding problems for Spanish clubs

Almeria are having difficulty in funding a new training complex as Spanish banks are reluctant to lend money to clubs because of their high level of debt.

Almeria president Alfonso Garcia also complains about the high level of tax that Spanish clubs have to pay given the extent to which they contribute to Spain’s international profile. He is also upset by the way in which the tax authorities chase unpaid debts, but this is hardly surprising given Spain’s problems.

Almeria are having difficulty in funding a new training complex as Spanish banks are reluctant to lend money to clubs because of their high level of debt.

Almeria president Alfonso Garcia also complains about the high level of tax that Spanish clubs have to pay given the extent to which they contribute to Spain’s international profile. He is also upset by the way in which the tax authorities chase unpaid debts, but this is hardly surprising given Spain’s problems.