Debt has been one of the main focal points of debate during the current political election cycle, and it has also been something to worry about for America de Cali.
The storied Colombian club has dealt with financial problems since the 1990s due to the collapsing economy of soccer in the country and some actions undertaken by the United States government. The Clinton List, which identified organizations which were potential (or were) money laundering fronts for drug cartels in North and South America seriously affected Cali.
Due to these financial problems, Cali has long been known for not paying the full amount of money owed to players from their contracts. In an effort to fix the team's faltering public relations stand point, Cali released a list of players that it still owes money.
The Philadelphia Union's own Roger Torres has a place on that list, one that would make him a multi-millionaire in Colombia. However, the conversion rate on Colombian pesos brings his 3,744,826 pesos debt to only $2,051.40, about 1/50th of his salary with the Union.
Torres' back pay owed by Cali is one of the lower ones on the list, which has totals that are into the hundreds of thousands of dollars. The 21-year-old midfielder was transfered to the Union before the 2012 Major League Soccer season after spending two years on loan with the Philadelphia based club.
His place on the list has helped to show the effect of his current team's federal government on a foreign entity.
Executive Order 12978 put into place a process of freezing assets of the businesses that were placed onto The Clinton List for the aforementioned drug related enterprises. Over $1 million was frozen in the US while America was already around $2 million in debt.
To make matters worse for Cali, the Clinton List also meant that the US government directed companies to not do business with the soccer club, forcing it to undergo yet another decline in financial endeavors.
Cali at present has first place locked up by five points in the Colombian second division.