La Liga reports loss of 892 million euros over the 2020-2021 season


The Spanish league La Liga has suffered a loss of 892 million euros in the 2020-2021 season hit by the corona pandemic. FC Barcelona is responsible for more than half of that loss (53 percent), according to the annual figures. It is the first time since 2012, that La Liga has reported a loss, but the league expects to be fully recovered in two seasons.

La Liga had a total turnover of 3.818 billion euros. That was a drop of 24.1 percent compared to the 2019-2020 season, which was also hit by the corona pandemic, but only in a few months. Matchday income and player sales fell by 53 and 52 percent, respectively. There was also a drop in commercial income.

“The high solvency and responsibility of most clubs has ensured that Spanish football has survived this crisis,” La Liga said in a statement. “A strong recovery is expected in the 2021-2022 season and normal levels should be reached again in the 2023-2024 season.”

ANP

Source: RTL Nieuws by www.rtlnieuws.nl.

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