Garcia quits cash-strapped Millonarios

BOGOTA - The financial and sporting woes of Colombian giants Millonarios deepened on Thursday with the resignation of coach Luis Augusto Garcia, the last man to steer them to a league title.

Garcia, also a shareholder in the ailing club he steered to their last two of their 13 titles in a previous spell in charge from 1987 to 1990, quit after Wednesday's 3-2 home defeat by Boyaca Chico, the club said in a statement.

Millonarios, a once very rich club that was Argentine great Alfredo di Stefano's stepping stone from River Plate to Real Madrid in the 1950s, are in dire financial straits.

The squad boycotted a practice in the build-up to last weekend's Bogota derby against Independiente Santa Fe to demand payment of several months' wages they are owed. They lost the derby 2-1.

Millonarios are one from bottom of the Apertura championship and virtually out of the running for the eight-team knockout phase.

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