Spain already has enough problems to deal with in the European sovereign debt crisis, but the country's problems may get much worse. It appears top Real Madrid footballers Cristiano Ronaldo and Kaká are now being proposed as collateral for a loan from the European Central Bank.

Bankia, the Spanish savings bank that financed the purchase of the two football megastars, wants to borrow money from the European Central Bank and has offered them as collateral according to blog ZeroHedge which cited a report in German newspaper Süddeutsche Zeitung : http://bit.ly/pFq9Qf