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·From http://www.dailysoccer.com
MADRID, June 30 (Reuters)(DS) - Real Madrid presidential
candidate Florentino Perez was quoted as saying on Friday the Spanish club was 42,910 million pesetas ($247.2 million) in debt.
Incumbent Lorenzo Sanz said last month the club was in debt
to the tune of $110 million. Sanz and Perez, who are both construction magnates, are fighting a head-to-head battle for the presidency of the Champions League winners -- wich will be decided by a vote of the club's 66,000 supporters' club members on July 23.
The Spanish media widely reported Perez's comments on
Friday. Perez said the debts included 17,454 million pesetas ($100.5 million) owed to banks and 3,616 million pesetas ($20.83 million) owed to the Spanish government, mainly the tax office.
His other main criticism of Sanz is the profligate buying
and selling of players. In less than five years with Sanz at the helm, 52 players have either come or gone from the Santiago Bernabeu.
($1=173.61 Peseta)
MADRID, June 30 (Reuters)(DS) - Real Madrid presidential
candidate Florentino Perez was quoted as saying on Friday the Spanish club was 42,910 million pesetas ($247.2 million) in debt.
Incumbent Lorenzo Sanz said last month the club was in debt
to the tune of $110 million. Sanz and Perez, who are both construction magnates, are fighting a head-to-head battle for the presidency of the Champions League winners -- wich will be decided by a vote of the club's 66,000 supporters' club members on July 23.
The Spanish media widely reported Perez's comments on
Friday. Perez said the debts included 17,454 million pesetas ($100.5 million) owed to banks and 3,616 million pesetas ($20.83 million) owed to the Spanish government, mainly the tax office.
His other main criticism of Sanz is the profligate buying
and selling of players. In less than five years with Sanz at the helm, 52 players have either come or gone from the Santiago Bernabeu.
($1=173.61 Peseta)