Real Madrid sell training ground to wipe out debt

Real Madrid have sold their training ground to wipe out a $245.4m (£170m) debt.

Tue, 08 May, 2001 - 14:09

Real Madrid have sold their training ground to wipe out a $245.4m (£170m) debt.

The current European champions have reached an agreement with the Madrid Regional Council to sell the Ciudad Deportiva training ground for a figure in the region $400m (£278m).

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Courts Soccer Heathrow Place: Ciudad Deportiva training ground Person: Florentino Pérez Event: Olympic Games of 2012 Organisation: Real Madrid Organisation: Madrid Regional Council Organisation: Real Organisation: AC Milan

<p>Pavel Sulc celebrates scoring the opening goal. Pic: Michal Cizek / AFP via Getty Images</p>

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