Barcelona's president says club's debt now at $1.6 billion

Barcelona’s president presented a grim picture of the club’s financial situation on Monday, saying its debt has risen to 1.35 billion euros ($1.6 billion). Joan Laporta blamed the previous administration of Josep Bartomeu for the club’s “dramatic” situation that ultimately led to

Spanish league secures $3.2 billion in funds to help clubs

The Spanish league took a step toward cutting into the Premier League’s global dominance on Wednesday, securing €2.7 billion ($3.2 billion) in funding to boost its clubs’ finances and increase revenue growth over the next few years. The deal unanimously approved by