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Also, Real (as of october 2012) has a debt coverage (cash vs debt) of 80% on their massive debts according to the always excellent "Swiss Ramble", so they are not as threatened by the times of austerity as we might like them to be.
http://swissramble.blogspot.se/2012/10/real-madrid-and-barcelona-leaders-of.html
But there are signs that the EU are planning to tighten the noose on La Liga in general: http://www.guardian.co.uk/football/2013/mar/21/eu-debt-spain-football-clubs
http://swissramble.blogspot.se/2012/10/real-madrid-and-barcelona-leaders-of.html
But there are signs that the EU are planning to tighten the noose on La Liga in general: http://www.guardian.co.uk/football/2013/mar/21/eu-debt-spain-football-clubs