Report: LaLiga revenues hit €3.2bn in 2016-17
Spanish soccer’s top-tier LaLiga generated revenues of €3.2 billion ($3.9 billion) in the 2016-17 season, according to a report by DBK Sectorial Observatory INFORMS, the Spanish market researcher.
Soccer giants Real Madrid and Barcelona unsurprisingly brought in the highest revenues among clubs with €675 million and €648 million, respectively.
The two clubs accounted for 41.4 per cent of the league’s revenues.
LaLiga and the second-tier LaLiga 2 brought in combined revenues of €3.4 billion in 2016-17, an increase of 15 per cent.
LaLiga is expected to issue the latest edition of its annual financial report next month.
In the 2015-16 season, LaLiga’s revenues surpassed €3 billion for the first time in a single campaign.
The figure represented a 50-per-cent increase compared with revenues five years ago.
Broadcasting rights revenue is expected to have risen by over 20 per cent in the 2016-17 season, which was the first year of a new three-year cycle. The figure amounted to €1.131 billion in 2015-16.
In December 2015, LaLiga sealed deals for its two premium live rights packages with Mediapro, the Spanish sports rights agency, and Movistar Plus, the pay-TV service operated by telecoms giant Telefonica. The deals are worth €2.65 billion over the next three years.