Real Zaragoza Applies For Voluntary Administration
Real Zaragoza have applied to the courts to go into voluntary administration in a bid to sort out their finances.
Zaragoza avoided relegation on the final day of the season last month and have sought protection from creditors while they put together a new plan to deal with a net debt of 110 million euros ($161 million).
La Liga Report @ Jun 8, 2011 1:19 PM EDT | Blog Profile
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