Spanish Soccer's Economic Crisis

Local clubs face lower TV revenue and a possible player exodus
Spain's teams have the highest-paid players in soccer. Lower TV revenue could change that Photographs by Getty Images

Spaniards enduring both a debt crisis and the European Union’s highest unemployment haven’t had much to celebrate in recent years other than the exploits of soccer stars Iker Casillas and Xavi Hernández. Spain’s national team won the European Championship in 2008 and the World Cup in 2010. Now Spanish broadcasters say they may not be able to afford the TV rights to future soccer matches.

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