Join Now | 
HomeAboutContact UsPrivacy & SecurityAdvertise
Soccer America DailySpecial EditionAround The NetSoccer Business InsiderCollege Soccer ReporterYouth Soccer ReporterSoccer on TVSoccer America Classifieds
Paul Gardner: SoccerTalkSoccer America ConfidentialYouth Soccer InsiderWorld Cup Watch
RSS FeedsArchivesManage SubscriptionsSubscribe
Order Current IssueSubscribeManage My SubscriptionRenew My SubscriptionGift Subscription
My AccountJoin Now
Tournament CalendarCamps & AcademiesSoccer GlossaryClassifieds
Spain Wants to Centralize Soccer TV Revenues
ESPN FC, June 28th, 2013 2:21PM

MOST READ
TAGS:  barcelona, real madrid, spain

MOST COMMENTED

Spain’s government is pushing for a new law that will centralize the way television rights are sold to Spanish soccer teams. Currently, each team negotiates television deals individually, with the net result being that Real Madrid and Barcelona make more than twice as much in TV revenues than even Atletico Madrid, this year’s third-placed team in La Liga. The measure would put the Spanish soccer league in control of the collective sale of TV rights.

The change has been proposed because many Spanish soccer teams have shoddy finances: according to Miguel Cardenal, president of Spain’s Sports Council, the country’s soccer teams have a collective debt totaling $5.2 billion, with some $874 million owed to Spanish tax authorities. Cardenal claims that centralizing the sale of TV rights would not only improve revenues for heavily indebted smaller clubs, but it would also allow the tax authorities to be the first to get paid. He added that clubs that aren’t up to date on their finances would pay a penalty worth 35 percent of their TV revenues.

Cardenal admitted that the push to balance club finances would naturally lead to more players being sold to foreign leagues and possibly to a widening of the gap between Barca and Real and the rest of La Liga. "We have become an exporting country," Cardenal said. "It's a historic change and Spanish football has to recognize it."

Read the original story...


No comments yet.

Sign in to leave a comment. Don't have an account? Join Now




AUTHORS

ARCHIVES
FOLLOW SOCCERAMERICA

Recent Section 2 Around the Net
Colorado College will be Team USA in 2015    
Colorado College, a Division III school, is moving to the Mountain West this season from Conference ...
Hazing investigation prompts cancellation of UNM opener    
In the aftermath of an incident in which Albuquerque fire and rescue and ambulance personnel were ...
Johannsson Has Groin Surgery     
AZ Alkmaar on Tuesday announced that USA forward Aron Johannsson had surgery on his right groin ...
Reports: Mackay to be Named Crystal Palace Coach    
According to reports in England, Malky Mackay will be named the successor to Tony Pulis at ...
Zuculini Joins Valencia on Season-Long Loan    
Manchester City on Monday agreed to a season-long loan for Argentine midfielder Bruno Zuculini to Spanish ...
Mourinho Hails Fabregas, Matic in Chelsea Opener    
Jose Mourinho hailed Cesc Fabregas and Nemanja Matic following Chelsea's 3-1 come-from-behind win at Burnley in ...
War-of-Words Persists over Reus' Future    
The war-of-words between German giants Borussia Dortmund and Bayern Munich over the long-term future of BVB ...
Report: Cameron to Leave Stoke     
USA defender Geoff Cameron was conspicuous by his absence from the Stoke City squad that lost ...
'Depressed' Suarez Presented to the Media     
Luis Suarez was presented to the media on Tuesday following his Barcelona debut as a substitute ...
Moyes: 'I wasn't Given Time to Succeed or Fail'    
In an interview with the Daily Mail, former Manchester United coach David Moyes says he wasn't ...
>> Section 2 Around the Net Archives