Gary Vigors, 41, a City financier from Essex, reportedly had his throat slashed with a broken bottle when a fight broke out at a popular nightspot.
He is believed to have died in front of friends shortly after the attack in Magalluf, Majorca.
The alleged attacker, Thomas Swannell, is believed to have travelled to the island with other supporters of a Northamptonshire-based cricket club to watch matches with two local sides.
The 44-year-old from Northampton remained in police custody on Sunday as officers continued to quiz him on suspicion of murder.
Alan Henson, president of Finedon Dolben Cricket Club, which took a 58-strong party on the tour, said: "The club is shocked and saddened to learn of this tragic incident and we would like to convey our deepest sympathies to the bereaved."
According to reports, an argument between the pair is said to have started over a girl.
Swannell is suspected of cutting his jugular vein with a broken beer bottle after an initial punch-up.
Local newspapers said Mr Vigors, who was not part of the cricket tour, died within minutes of a friend removing a large piece of glass lodged in his throat as he collapsed on the floor in the early hours of Saturday morning.
A spokesman for the Civil Guard in Majorca, which made the arrest, said: "We are questioning a British man after a compatriot was killed in a bar in Magalluf following an argument. The victim suffered various cuts to his throat which resulted in damage to his jugular vein.
"He bled to death at the scene before paramedics arrived. We are quizzing the man currently in custody as a murder suspect.”
A Foreign Office spokeswoman said: "We can confirm the death of a British national in Magaluf in Spain. Consular staff are in contact with the next of kin and providing consular assistance."
Monday, 28 March 2011
Gary Vigors, 41, a City financier from Essex, reportedly had his throat slashed with a broken bottle when a fight broke out at a popular nightspot.
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