DTM Pushes Cooperation With Super GT UEFA President Platini: FFP 'Here To Stay' Spanish Club Girona On Verge Of Sale Pay Increase For Australian Female Cricketers NRL Heading Toward Revolt Mexico, Germany Could Host NFL Games NRL Parramatta Ordered Into Reform League Notes NRL Clubs Called To Secret Meeting AFL 4th-Best Attended Sporting Competition
Enter amount in full numerical value, without currency symbol or commas (ex: 3000000).
Upcoming Conferences and Events
SBD Global/February 1, 2013/Leagues and Governing Bodies
LFP, Government Sports Council Set Rules To Clear Up Football's Debt Crisis
Published February 1, 2013
HISTORIC DAY: EL CONFIDENCIAL's José Félix Díaz opined Spanish football "lived a historic day." The LFP and CSD agreed to a deal where any professional club "that does not have its finances in order will not be able to make any signings starting next season." The intention is to have a short term solution "to diminish the economic problems in domestic football." Under the new rules, every team will have its finances looked over before the start of the season, and any club that does not meet a series of requirements "will be prohibited from making new signings." With these new rules, "next season's La Liga will be radically different" (EL CONFIDENCIAL, 1/30). In Madrid, Amaya Iríbar wrote the new rules "are only a step" in the process of trying to reverse the economic situation of Spanish clubs. The risk is that "the gap between the rich and the poor widens." LFP President José Luis Astiazarán was asked how many clubs run the risk of not being able to sign new players for next season. Astiazarán said, "I cannot make an estimation at this point" (EL PAIS, 1/30).