Argentina big five 123 million in debt - report

Argentina's big five clubs are 650 million pesos (123.5 million euros) in debt, with River Plate in the most precarious position, local media reported on Monday.

The Tiempo Argentino newspaper claimed that River Plate have a deficit of almost 80 million pesos - a record for an Argentine club - and debts of 216.8 million pesos, of which 190 million is due to be repaid in 12 months.

Boca Juniors, Independiente, Racing Club and San Lorenzo are the other four major sides with serious financial worries.

All five failed to make any impression in the Argentine title race this season with Estudiantes taking the championship, two points ahead of Velez Sarsfield.

River Plate were fourth, Racing sixth, Boca were 11th, San Lorenzo finished in 13th place with Independiente in 20th and last spot.

u00a0