Spanish football clubs have slashed their tax debts to around a third of their 650 million euros ($720 million) apex from three years ago, La Liga officials said on Tuesday. First and second division clubs have a cumulative 230-million-euro debt to the Spanish government, with six clubs - Atletico Madrid and Espanyol of La Liga and Valladolid, Mallorca, Zaragoza and Elche of the second tier - responsible for over 70 percent of that sum.
Neither Real Madrid nor Barcelona owe any tax to the government. "Thanks to a clean up in professional football the debt has been progressively reduced, as has global debt in the game," La Liga's internal affairs director Javier Gomez said.