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Spanish Liga

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The background to the red card on Spanish football subsidies

It looks as if the days of dodgy deals in Spanish football are over following the European Commission investigation we reported on yesterday.    In particular, interest has focused on a land transfer between Real Madrid and the city administration.   A land swap in 2011 saw a plot of land with a supposed value of €598,000 in 1998 revalued at €22.7m.

Footballers take top two places in sports rich list

Cristiano Ronaldo and Lionel Messi take the top two places in the latest Forbes sport rich list, but they are the only two footballers in the top twenty.   The list is dominated by US sportsmen.   Ronaldo earned $56m in salary and a further $32m in endorsements over the past year.

Ronaldo has a sportswear sponsorship deal with Nike, which has launched a clothing brand called CR7, after his initials and shirt number, and he has signed partnerships with watchmaker Tag Heuer and nutriton supplements group Herbalife.

Barcelona are number one for sponsorship deals

Barcelona remain the world's number one club for sponsorship deals.   The club signed a new 10-year kit deal with Nike last month which is expected to bring in €150m-€155m each year, compared with the current €60m.   When it starts in 2018, it will be football's most lucrative kit deal ever, far outstripping Manchester United's £75m a year deal with Adidas.

Cost of kit and sponsorship deals rises rapidly

The cost of football kit and sponsorship deals has been rising rapidly.   Manchester United set the tone when it switched from Nike to Adidas kits in 2015, in a deal worth around £75m a year.  Barcelona did even better.   By extending its Nike kit deal last month, the club more than doubled its annual revenue from kit to €150m a year.

Barcelona need to reduce debts

Barcelona need to reduce their debts by €100m if the redevelopment of the Camp Nou is to go ahead. The club has debts of around €300m and the redevelopment would cost €360m.   Transfer policy could also be affected,

Success on a small budget

Their town in the Basque Country has a population of 27,000, their municipal stadium can only accommodate 6,000, yet Eibar Ipurua are not only in La Liga, they are currently seventh.

Ordered to raise share capital to comply with the league's rules, the club turned to crowdfunding, selling shares at €50 each and raising €2 million.

Barca want to be first €1bn club

Barcelona have a six year plan to become the first club with €1bn in revenues.  Current revenues are €600m and it is felt necessary to lift them to counter the growing financial clout of the Premier League.

How long would you have to work to afford a footballer's car?

This site enables you to calculate how long you would have to work to afford a footballer's car.   For example, Cristiano Ronaldo would only have to work for one hour to afford my ageing hatchback.  

His special edition Ferrari is worth £847,000 and he could pay for it with three weeks' wages (presumably gross rather than after deduction of tax which would be complicated).   It would take me eleven years to afford the same car (assuming I spent nothing on anything else).

Spain's third force

For a long time Spanish football has been dominated by a duopoly of Real Madrid and Barcelona.  The championship victory of Atlético Madrid in 2013-14, along with their Champions League final, challenged that pattern.

How footballers choose their homes

The House & Home supplement of the weekend Financial Times included an analysis of how footballers (and elite sportsmen more generally) choose their homes.   Not surprisingly, some of them have got their fingers burnt, but their buying habits can also have a major impact on local property markets.