Spain

Spanish footballers have finally called off a damaging strike that had delayed the start of the domestic Liga campaign for the first time in 27 years.

Budapest has withdrawn its bid for the 2017 World Athletics Championships to leave a three-way battle between London, Barcelona and Doha, the International Association of Athletics Federations (IAAF) confirmed on Monday.

The Spanish Football League (LFP) is set for showdown talks on Friday with the Spanish Footballers’ Association (AFE) in a bid to avert the strike action called for the opening two weekends of the 2011-12 season.

The Spanish Footballers’ Association (AFE) has announced that players from the top two divisions are set to strike for the first two weekends of the 2011-12 season in protest over the lack of a wage guarantee fund.

La Liga has become the latest major European league faced with player action after the Spanish Footballers’ Association (AFE) issued warnings over a wage guarantee fund.

Emirates has ramped up its football sponsorship portfolio by agreeing a major deal with Real Madrid.

Madrid City Council approved a bid for the 2020 Olympics on Wednesday despite opposition from two political parties that expressed serious concerns about the financial predicament of the Spanish capital.

The Spanish capital of Madrid and Istanbul in Turkey are set to join the race to host the 2020 Olympics after the two cities moved a step closer to submitting official bids on Wednesday.

The Professional Football League (LFP) in Spain has approved new regulations designed to curb excessive spending by clubs in the country’s top two divisions.

Spain’s Secretary of State for Sport, Albert Soler, has urged the country’s financially troubled football clubs to embrace a new business model to cope with current economic difficulties.

Investment firm Thesan Capital has acquired a controlling stake in struggling Spanish Formula One team Hispania Racing.

Spanish La Liga club Real Madrid has made cuts in the funding of its television channel, Real Madrid TV, as part of a wider package of measures aimed at reducing costs.

Mediaset has snapped up the Spanish broadcast rights to UEFA Euro 2012, with the action set to be aired on the media giant’s Telecinco and Cuatro commercial platforms.

Euroleague Basketball has recruited Sony as an official sponsor of this year’s Turkish Airlines Final Four tournament, which will start in Barcelona later today and run through to Sunday.

Royal Emirates Group, which is chaired by a member of Dubai's ruling Al-Maktoum family, has confirmed a deal to buy struggling Spanish football club Getafe.

Royal Emirates Group, a Dubai-based investment group chaired by HRH Sheikh Butti Bin Suhail Al Maktoum, has reportedly acquired a football team from La Liga in a deal worth about US$90 million.