La Liga Side Málaga Says Debt Stands At $15.2M, Predicts '15-16 Revenue Of $54M
La Liga side Málaga presented the club's economic balance from the '10-11 season through June 30, according to Carlos Cariño of AS. It was revealed that Málaga's current debt of €13.6M ($15.2M) is acceptable, and the club is expecting its revenue from the current season to reach €48M ($54M). The figures presented were audited by Ernst & Young. Málaga in '10 had a debt of €25.3M, and it reached €103M during the '11-12 season. Those were "Champions League years, glorious on the field, but with the organization failing" (AS, 9/30).