Dialogos

Debt Fuels Extravagance in Cypriot Football

Published January 13, 2026, 15:04

Many Cypriot clubs are facing financial problems and large debts, yet they continue to spend money they do not have, putting their very existence at risk. Financial management is not a priority for most teams in Cyprus, with only a few managing to maintain balance in their finances. The article refers to uncontrolled transfer activity as a factor exacerbating the situation.