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Real Zaragoza in danger of going BUST

Real Zaragoza's future is in the balance.

Heraldo de Aragón says Spanish tax authorities have ordered the club to pay €25.7 million in arrears with immediate effect.

The new ownership of Real Zaragoza have been working on the assumption that they would be able to meet the club's historical debt with the Inland Revenue, but the payment schedule imposed by the tax agency has complicated matters.

The bill the club faces is for €18.5 million in arrears plus an additional 20 percent in late payment fees (€3.7 million) and a further €3.5 million in interest. Additionally, an embargo on the club's income has been in place for three months.

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