Spanish Football Clubs Will Have To Cut Costs To Meet New CSD Regulations
Spanish football "fights to reinvent itself and become a credible, real sport," according to José Félix Díaz of EL CONFIDENCIAL. With salaries increasing by 300% over the last 10 years, the numbers contradict the notion that in regards to spending, "it's all worth it." In the coming months, there will be "budget reductions, salary renegotiations and few signings," and these moves will have to gain the approval of the Spanish Football League (LFP). If teams do not have more revenue than costs, they will not be able to sign, as part of a Superior Sports Council (CSD) rule (EL CONFIDENCIAL, 4/22).