Spanish clubs owe millions in back taxes

BY foxsports • March 13, 2012

Spanish football clubs owe the government $982 million (US dollars) in unpaid back taxes, according to figures released Tuesday.

The United Left party says figures provided by the government show an increase of nearly $195 million in unpaid taxes over the past four years, with topflight clubs making up nearly half a billion euros ($653 million) of the overall figure. At least six top division clubs are already in bankruptcy protection.

The numbers were released after the United Left, a communist party led coalition, submitted a written request to parliament for the information.


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