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SBD Global/August 1, 2014/Franchises

Franchise Notes: Real Zaragoza's New Majority Shareholder Pays Off 200 Club Staffers

Spanish second division side Real Zaragoza's new majority shareholder, the Fundación Zaragoza 2032 group, "has made the payments that were owed to the club's approximately 200 employees for the last two or three months." Payments are now up to date as of June 30 and the Fundación said that salaries for July and August will be paid in advance (EFE, 7/31). ... La Liga side Espanyol has reached an agreement with Spanish tax authorities in which it agreed to pay a quantity of €5M ($6.7M) that was determined this summer. The club has agreed to "make that payment" by Aug. 31 (EL PERIODICO, 7/31).
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