Spain

Atletico Madrid has revealed plans for a new 70,000-seat stadium that will replace its Vicente Calderon home.

The Spanish Olympic Committee announced on Wednesday that Madrid’s bid for the 2020 Olympics would cost up to 40% less than the total expenditure on the city’s failed attempt to secure the hosting rights for the 2016 Games.

Two of Spain’s most influential sporting figures have been confirmed as participants at the 2012 edition of the Global Sports Forum in Barcelona.

La Liga giant Real Madrid has announced a partnership with Cisco that will aim to transform the Spanish capital club’s Santiago Bernabeu home into one of the most technologically advanced stadia in the world.

FC Barcelona has agreed a five-year extension to its agreement with premium partner Estrella Damm.

FC Barcelona president Sandro Rosell has called for La Liga, the top division of Spanish football, to be reduced to 16 teams in a bid to address the “huge” financial problems that are afflicting the sport in the country.

Sevilla has agreed a significant partnership with betting firm Interapuestas.com, but the club remains without a shirt sponsor.

FC Barcelona has made further inroads into developing its brand in Asia by signing a strategic partnership with Chinese company Intersports.

UFA Sports has secured a deal to market the media rights to the Spanish national team across 11 Asian countries, as the world champions prepare to defend their title at the 2014 FIFA World Cup.

La Liga crisis club Racing Santander has suffered a fresh setback after its entire board, with the exception of owner Ahsan Ali Syed, resigned.

The Spanish Mediapro agency extended its contract for another year with Spanish Liga champions Barcelona until the end of the 2014-15 season, in a deal worth an additional Eur10 million per season.

Football properties account for 79 per cent of spending by broadcasters on sports TV rights in the big five European nations - Germany, the UK, France, Italy and Spain - in 2011 according to latest figures.

FC Barcelona’s members have given their backing to the club’s controversial sponsorship deal with the Qatar Foundation, an agreement that is set to pump Eur171 million into its coffers.

Real Madrid president Florentino Perez has outlined his dream of transforming the Santiago Bernabeu into the world’s leading stadium after a redevelopment plan was approved on Sunday.

La Liga giant Real Madrid has claimed a new world record for annual revenue generation in football with the release of its financial figures for the year ending June 30, 2011.

Sevilla vice-president Jose Maria Cruz has criticised the club’s La Liga rivals after a major split emerged in the quest for greater equality in broadcast revenue distribution.

FC Barcelona’s vice-president of finance, Javier Faus, has revealed that the club remains in a “delicate situation” and has highlighted the importance of its sponsorship deal with the Qatar Foundation ahead of a critical vote this month.

La Liga clubs are set to ramp up their campaign for greater financial equality in Spanish football by staging a meeting on Thursday.