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SBD Global/June 11, 2013/Finance

Málaga, Spain Government To Work With La Liga Side Regarding Debt From Stadium Fees

Málaga, Spain Mayor Francisco de la Torre said Monday that La Liga side Málaga owes "more than €1.6M" ($2.1M) to the three owners of La Rosaleda Stadium -- the town council, the administrative body and the Junta of Andalusia -- for use of the stadium, according to the EFE. De la Torre said the stadium co-owners want Málaga "to provide 'compensation' without having to pay." De la Torre: "The co-owners have an agreement since '04, and it has been respected by each owner." De la Torre referenced the €180,000 ($238,212) annual fee for the use of La Rosaleda. De la Torre said that he "hopes to have a meeting with those responsible for the club." Since two weeks ago, a meeting has been planned for Tuesday to "look for ways for Málaga to not have to make a make a payment." De la Torre said, "This has been our interest" (EFE, 6/10).
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