185 million losses and 7,000 million debt

The League has once again worsened its economic data for another year. The competition chaired by Javier Tebas closed the 2021/22 season with accumulated losses of practically 185 million euros (184,704,862 euros) and the total debt of the First and Second Division is on the verge of 7,000 million (6,951,967,522 euros). Not even the return of the public to the stadiums once the pandemic has been overcome has served for the Spanish competition to leave the red numbers.

He Superior Sports Council, Specifically, its General Sub-Directorate for Professional Sports and Financial Control, has prepared a document called Balance of the economic-financial situation of Spanish men’s professional football 1999/2022 in which he details that the First Division and the Second Division lost 112 million and 72 million, respectively, during the past football season.

“It is a notably better result than that of the previous season (losses of €878,379,733 in total), but worse than that of the years prior to the Covid-19 pandemic,” warns the public body, making it clear that the Liga You still have a lot of work ahead of you to improve your financial situation.

On the other hand, the total indebtedness of the two categories of Spanish professional football is already close to 7,000 million (6,951,967,522 euros), of which 6,450 million correspond to First Division clubs and the remaining 500 million, to Second Division. This data “represents a strong increase of 23.5% compared to the previous year,” warns the CSD. In just one year, the League clubs increased their debt by more than 1,300 million (1,321,404,113 euros).

Debt with Treasury

The rise in debt with the Public Treasury is even more pronounced, 40% more than the previous season to stand above 390 million (390,218,435 euros). He CSD He specifies that they are “mostly current debts” and regrets that in the 2021/22 season “the reduction trend that had been observed in previous years was broken.” On the other hand, this debt with the public treasury “increased considerably”.

Source: okdiario.com by okdiario.com.

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