Liga Portugal working with EY on financial analysis
Liga Portugal, the body which oversees the Portuguese professional soccer leagues, has announced a partnership with EY, the UK-based business consultants, to conduct a financial analysis of the domestic game.
In the first place, this will entail the publication of an annual yearbook on the sustainability of professional soccer in Portugal and the preparation and monitoring of the Strategic Plan and Business Plan for the next two to four years.
The first yearbook, covering the 2016-17 season, is due to be presented next month.
The analysis will be based on financial information and there will also be an assessment of the main indicators of sports companies and the main trends in the sector.
The yearbook will focus on the three competitions overseen by Liga Portugal, namely the top-tier Primeira Liga, the second-tier LigaPro and the Taça da Liga, the league cup, with information on sources of revenue and expenditure, transfer balances, the profits of sports companies, capital structure and financial ratios.
There will also be an assessment of the economic indicators of the top flight, known for sponsorship reasons as the Liga NOS, including added value, job creation, the fiscal impact of clubs and players, social and community support and the indirect impacts of the competition.
In a statement, the league body said: “This study on the real dimension of Portuguese Professional Football, in numbers, has the main objectives of promoting greater financial transparency, contributing to informed decision-making by the key stakeholders of the sector and attracting more foreign investors based on the creation of financial information with a higher level of detail.”
The established top soccer clubs in Portugal are Benfica, Sporting Lisbon and Porto.