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SBD Global/June 28, 2013/Franchises

Spanish Second Division Side Deportivo La Coruña President Under Fire As Debt Mounts

Spanish second division side Deportivo La Coruña President Augusto César Lendoiro's position leading the club "is becoming weaker every day," according to Luis De La Cruz of AS. Lendoiro "has watched as his salary has been lowered and his authority over satellite businesses (Playa Club, Deportienda) has been removed." This, "combined with his inability to reach an agreement with creditors," has caused the organization to begin entertaining the idea of gathering 5% of the club's social capital to hold an Extraordinary Assembly meeting to discuss Lendoiro's future and his administration council (AS, 6/27).
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