Menu
Finance

La Liga Club Sporting Gijón Must Pay Tax Authorities $8.5M By Friday

La Liga side Sporting Gijón faces a week in which it has to bring itself up to date with the Spanish tax authorities, to which it has to pay €7.7M ($8.5M) of expired debt by Friday, according to MARCA. Sporting's administrative council said that it will "make the payment on time thanks to a credit negotiated directly" by club VP Javier Fernández. Once the club pays this quantity, it will receive a certificate from the tax authorities that the Spanish Football League (LFP) requires from all La Liga and second division clubs. These debts and delays in payments "caused a sanction from the LFP prohibiting the club from signing players last season" and harsh restrictions this season, both on how many signings it can make -- a maximum of three -- and how much it can spend (MARCA, 7/27).

SBJ Morning Buzzcast: May 7, 2024

The PWHL playoffs set to begin after record-breaking inaugural season; Smith Entertainment Group announces plans for Utah hockey franchise HQ; new title sponsors for the PGA Tour event in Charlotte and college football bowl game in Arizona.

Learfield's Cory Moss, MASN/ESPN's Ben McDonald, and Canelo

On this week’s pod, SBJ’s Austin Karp has two Big Get interviews. The first is with Learfield's Cory Moss as he talks about his company’s collaboration on EA Sports College Football. Later in the show, we hear from MASN/ESPN baseball analyst Ben McDonald on how he sees the college and professional baseball scene shaking out. SBJ’s Adam Stern shares his thoughts on the upcoming Canelo-Mungia bout on Prime Video and DAZN.

SBJ I Factor: Molly Mazzolini

SBJ I Factor features an interview with Molly Mazzolini. Elevate's Senior Operating Advisor – Design + Strategic Alliances chats with SBJ’s Ross Nethery about the power of taking chances. Mazzolini is a member of the SBJ Game Changers Class of 2016. She shares stories of her career including co-founding sports design consultancy Infinite Scale career journey and how a chance encounter while working at a stationery store launched her career in the sports industry. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

Shareable URL copied to clipboard!

https://www.sportsbusinessjournal.com/Global/Issues/2015/07/28/Finance/Sporting-Gijon.aspx

Sorry, something went wrong with the copy but here is the link for you.

https://www.sportsbusinessjournal.com/Global/Issues/2015/07/28/Finance/Sporting-Gijon.aspx

CLOSE