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LaLiga closes in on €5bn revenue mark amid record attendances

Featured image credit: Thiago Rocha on Unsplash

Featured image credit: Thiago Rocha on Unsplash

LaLiga, organising body of the top two divisions of Spanish football, posted total recurring revenues of almost €4.89bn (£4.18bn/$5.2bn) during the 2022-23 season, which saw cumulative attendance figures reach a record high.

The revenue figure is underpinned by record commercial revenues, as well as growth in matchday revenue boosted by the record attendances figure. LaLiga also cited the record investment by clubs, partly through the LaLiga Impulso venture in association with CVC Capital Partners.

The revenue figure increases to almost €5.7bn when including extraordinary corporate operations.

LaLiga confirmed last June that its cumulative attendance increased to a record 15,766,311 during the 2022-23 season. This represented an increase of 6.4% compared to the 2018-19 season, which was the last campaign unaffected by the COVID-19 pandemic.

In the top-tier LaLiga, the number of fans who attended games during the 2022-23 season was 11,179,866. In the second-tier Segunda División, the figure reached 4,596,445, which includes the end-of-season promotion playoffs.

According to LaLiga, the average occupancy rate of stadiums in relation to the available capacity was 80.2% – 11.4% more than in 2018-19.

In 2022-23, LaLiga clubs again recorded an increase in revenues and profits at aggregate level, both in terms of EBITDA (earnings before interest, taxes, depreciation and amortisation) and net result.

Although results improved, they were still lower than pre-pandemic levels due to lower transfer activity. Commercial revenue also exceeded €1bn for the first time, which LaLiga attributed to improvements in commercial exploitation, as well as the growth of matchday revenues.

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