Good read. Interesting because it explains why Barca/Real Madrid's debt isn't that unmanagable despite sounding like an insane figure. That and how much support the Spanish clubs get.
Highlights a very interesting point. Due to the Spanish economy, Spanish clubs are struggling and debt levels are rising. We all saw the problems Valencia had with their new stadium and their debts are still insanely high even after selling Villa, Silva and Mata for huge sums of money.
Ignoring the top2 clubs, the others don't make as much money so their debt problems are more significant. Think the article says thast 6 clubs in La Liga are basically in bankruptcy protection.
A lot of councils/local authorties and local banks help the clubs stay afloat but considering the economic crises in the country, how long can that really last? No doubt external pressures will slowly force them to claw money back. Why should a foreign/external party help indirectly fund football clubs via local authorties?
No doubt some clubs will feel the pinch. The only way to rectify this might be to move to a split of tv money which would significantly boost the coffers of the rest of the league. However, in turn it might bankrupt Real Madrid and Barca and in the long term, affect their ability to be competitive.
While we're seeing the peak of Spanish clubs, imo over time, we'll see more and more players move from La Liga to the premier league, due to the financial strength/level of investments at a wider spread of clubs, though not from Barca/Madrid. Thinking more the likes of Atletico, Valencia, Villereal, Sevilla etc.