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SBD Global/June 12, 2013/Finance

Finance Notes: Real Valladolid Demands $531K From Former Coach

La Liga side Real Valladolid is demanding €400,000 ($531,120) from former coach Miroslav Djukic, who recently signed with Valencia. The club and Djukic had agreed to a €375,000 ($497,925) compensation fee if either party terminated their contract after May 30 (EL CONFIDENCIAL, 6/11). ... Spanish bank BBVA President Francisco González said during the bank's renewal of its sponsorship with La Liga that "football is a great asset that moves €10B ($13.3B), generates 85,000 jobs and means 2% of the Spanish GDP" (EL CONFIDENCIAL, 6/11).
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