How LaLiga And Clubs Are Managing Finances After A Year Of COVID-19
March 17, 2021
On 10th March 2020, SD Eibar played Real Sociedad in a match that turned out to be the last LaLiga Santander fixture for three months, as the coronavirus pandemic forced lockdowns across the world. One year on, the enforced health restrictions continue to cause disruption to the sports industry but according to new figures, LaLiga clubs are managing the effects better than most.
The impact of COVID-19 on Spain’s professional clubs has not been as severe as some had expected thanks to the presence of economic control, the system created by LaLiga in 2013 which ensures clubs follow sustainable long-term finance practices.
“It’s important to compare our situation to other leagues that have suffered the impact of COVID-19 just like we have,” commented LaLiga President Javier Tebas. “We can see that their cutback in income has been greater and that’s not by chance, it is based on the strategies we follow. The work carried out by all the clubs has been excellent and they’ve been able to adapt.”
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