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Thursday, April 26, 2012

Delinquent clubs may be expelled from the competition for the debts with the IRS

Professional clubs may be expelled from the competition (First and Second Division) if they violate the protocol to reduce and control the debt with the IRS yesterday sealed between the Government and the League of Professional Football. The Minister of Education, Culture and Sports, José Ignacio Wert, was blunt about the need "urgent" to end a problem that has doubled in less than a decade and also to tarnish the image of Spanish football , also complicates future. "The debt will pay soccer football. Will not forgive a single euro, "said the minister, while Secretary of State for Sport, Michael Cardinal, assured that the compromise reached between the Administration and employers of clubs" will be fulfilled no matter what. "
The Treasury debt amounted football to 752 million euros, of which 673 are professional clubs, with Atletico Madrid at the head (155 million), according to the agreement signed after the 2014-2015 season 35% of revenues from television rights of the clubs will be immobilized and not be charged until you confirm being aware of the tax payment.
The Sports Council also could disable or remove their leaders from the pools income if the league does not fulfill its obligation to carry out the economic control of clubs.
"It is a serious commitment, solvent with the Ministry, the CSD and the country itself," said the president of the Professional Football League, Jose Luis Astiazaran, noting that the Spanish professional football "also wants to be exemplary in the management" . The aim is to progressively reduce the arrears with the IRS until it disappears in 2020, and as government representatives no concessions unless the agreement does not affect the liens that currently support and some clubs, such as Deportivo.

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