Spanish Football Clubs Expect to Swing to Profit This Season
- Top football league sees combined net income of €27 million
- Total revenue in 2021-2022 reached pre-pandemic levels
A Spanish league football match between FC Barcelona and Real Madrid CF at the Camp Nou stadium in Barcelona.
Photographer: Lluis Gene/AFP/Getty Images
Football clubs in Spanish top flight football competition LaLiga expect to post a combined profit at the end of this season as business recovers with fans filling up stadiums after pandemic restrictions were lifted.
Net income for the clubs playing in LaLiga Santander and LaLiga SmartBank — the country’s top two competitions — for the current 2022-2023 season is seen at €27 million ($30 million) combined following a loss of €140 million in the previous season, according to a presentation LaLiga published Thursday. Total revenue is expected to reach €4.9 billion. That compares with €4.88 billion in the 2018-2019 season, the last one before the pandemic.