Wednesday 2 January 2019

LaLiga clubs get $1.5 bn as TV rights revenue share; Barcelona get $ 175 mn


The LaLiga clubs have become richer by $1.5 billion (₹10,500 crores) just on account of media rights revenues distributed by the Spanish top division football league.
Barcelona and Real Madrid yet again claimed the lion’s share, according to the latest figures published by Spanish football’s top flight.
Reigning champions Barcelona received the highest amount for the second consecutive season, securing a whopping $175.8 million.
The other biggest name of the league, Real Madrid netted $168.9 million for their 2017/18 campaign. This share is set to go down considerably next season for Real Madrid as the club is going through a form slump. Real Madrid’s city rivals Atletico Madrid notched the third highest amount with $126.2 million
In total, the league has distributed $1.5 billion among Spain’s 20 top-flight clubs, with a 7% of that figure deducted due to obligations, including 3.5% in compensation to clubs relegated to the second tier.
Despite the sustained dominance of Barca and the two Madrid sides, who claimed more than 30% of the disbursed amount, the gap between LaLiga’s biggest and smallest clubs has closed as the league continues to work towards a fair distribution model.
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