You are currently viewing LaLiga enters 3,818 million despite the covid and Barcelona accumulates 55% of the debt

Spanish professional football clubs will end the current season with losses of around 297 million euros, according to estimates by LaLiga, which closed the 2020-21 season report with losses of 892 million due to the impact of covid-19 on the market of players and box offices. The entity achieved revenues of 3,818 million euros and its Ebitda, operating result, was 154 million, when in normal seasons it was “above 1,000 million”.

Those losses of 297 million that the employers of the Spanish professional football clubs estimate for the end of the current campaign have been revealed by its general director, Javier Gómez, in the presentation of the Economic-Financial Report for the 2020-21 season, in which the clubs lost 892 million, losses of which 55% are concentrated in a single club, Fútbol Club Barcelona.

The second year of the pandemic, which affected the entire campaign, forcing it to be played without an audience, unlike the 2019-20 season when it affected from March, subtracted 24.1% of income from professional soccer clubs, which closed the 2020- 21 in 3,818 million revenues. The decrease had two main causes: the reduction due to transfers of footballers, which represents half of the blow, and the absence of income from subscriptions and box offices as practically the entire season was played without fans, as explained by Gómez. The entity defends that the effects of the pandemic they have been less drastic compared to the rest of the players in European footballbeing optimistic about a quick recovery in the short term.

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Without the impact of the pandemic, LaLiga estimates that Spanish football would have earned 5,166 million euros in the 2020-21 season. The losses of the second year of the pandemic raise the net debt of the Spanish professional football clubs to 1,946 million euros, an increase of 13.8% compared to the previous season, 236 million more.

Net worth stands at 1,192 million euros, a decrease of 31.7% compared to 1,747 million the previous year. Net investment also fell, to 300 million, the lowest number in the last six seasons, as a result of the decrease in investment in soccer players, something that for LaLiga supposes “an automatic stabilizer” since having invested less in players, the clubs will have to face fewer expenses for amortization of these signings in the coming campaigns.

The clubs reduced their investment in players by almost 1,000 million (from 1,533 million in the 2019-20 season to 574 in the 2020-21 season) to the point that the net investment in soccer players in the 2020-21 season was 5 million compared to 405 million from the previous campaign. Most of the investment last year was in infrastructure, a total of 296 million between all the clubs. “That is one of the keys that despite having lost almost 900 million, the debt has only grown by 236 million,” Gómez emphasized.

Spanish professional football clubs will end the current season with losses of around 297 million euros, according to estimates by LaLiga, which closed the 2020-21 season report with losses of 892 million due to the impact of covid-19 on the market of players and box offices. The entity achieved revenues of 3,818 million euros and its Ebitda, operating result, was 154 million, when in normal seasons it was “above 1,000 million”.

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