CSKA’s new money struggles to deal with old tax debt

ivaylo mandzhukov

By Alexander Krassimirov
May 8 – The largest shareholder in Bulgaria’s CSKA Sofia Ivaylo Madzhukov (pictured) has admitted that the club is still threatened with bankruptcy. The new investors, however, have said they will do everything possible to prevent it. It is not yet clear whether the club will be granted a license for next season, because of the huge tax debt it owes the National Revenue Agency.

Read more …

Spanish federation suspends La Liga over government-backed TV sales deal

Spanish logos

By Andrew Warshaw
May 7 – Spanish football has burst into outright warfare over plans to introduce the sale of centralized tv rights from 2016. The Spanish football federation has indefinitely suspended competition from May 16 in a dispute with the government over a new law on collective bargaining, effectively halting the final two rounds of La Liga and the rest of domestic football.

Read more …