Atletico to sell stadium to write off debts

[JJ Mindset]

http://www.bday.co.za/bday/content/direct/1,3523,1724635-6078-0,00.html

Cash-strapped Spanish Primera Liga outfit Atletico Madrid are preparing to sell their Vicente Calderon stadium to cover debts amounting to E270m ($335m), it has been reported.

[The Double]

Christ. Knew they were in trouble, but didn't see that one coming.

[diabouloussataneus]

how did this happened?

[JJ Mindset]

Atletico ponder stadium switch (http://www.eurosport.com/home/pages/v4/l0/s22/e6875/sport_lng0_spo22_evt6875_sto652728.shtml)
Atletico consider stadium switch (http://www.reuters.co.uk/newsArticle.jhtml?type=worldFootballNews&storyID=6664437&section=news)

[REALFOREVER]

My question is whether this move would vault Atletico into a financial position where they could be a consistent top 4 team in La Liga.

From what I read, it certainly looks that way. It looks like La Liga is becoming more than a top 4 elite league. A few noticeable up and comers teams are making people take notice.

[JJ Mindset]

Atletico Madrid Could Move To Olympic Stadium

http://www.sportbusiness.com/news/index?region=global&news_item_id=156724

In Spanish: http://www.marca.com/edicion/noticia/0,2458,588025,00.html

[Finquin]

This ain't even news. This has been clear ever since they declined the offer from RMadrid for Fernando Torres.