La Liga's income sees them overtake the Bundesliga
The Spanish league now sits just behind the Premier League after they changed how they sold their image rights
LaLiga has registered record income figures for the 2016/17 season. The €2,854 million they earned sees them leapfrog the Bundesliga and move into second place for the most income in world football. They remain behind England's Premier League according to the 'Annual Review of Football Finance' report conducted by Deloitte.
SELLING THE RIGHTS AS A COLLECTIVE WAS A SUCCESS
This is due to a successful change in strategy when it comes to selling the collective rights of LaLiga. This saw the Spanish league earn 20% more than it did in the 2015/16 season and continues the upward trend of the current product.
The report also states that during the 2016/17 season that LaLiga paid the second highest wages out of the five main leagues in world football. The €1.7 million spent on wages was up 14% from the previous campaign.
Real Madrid and Barcelona are responsible for 47% of the total spent on salaries. Their costs are almost 30 times more than that of a smaller club, such as CD Leganes, the report explains.
GETTING CLOSER TO THE PREMIER LEAGUE
"After surpassing the Bundesliga, LaLiga and its clubs are trying to maximise their potential and get closer to the Premier League. The Spanish league is probably the fastest growing league in recent history," said Fernando Ponos, a member of Deloitte Sports.
The first place in the income table belongs to the Premier League which raked in a staggering €5,297 million. The Bundesliga, now third in the list, earned €2.793 million. Then came Serie A with €2.075 million and finally Ligue 1 with €1.634 million.
global growth
Also, for the first time in European football history, the global income for the 2016/17 season surpassed €25,000 million. This is an overall rise of 4% compared to the previous season.
According to Deloitte this growth is due to the increase of income across the top five leagues in Europe (England, Spain, Germany, Italy and France). Income for those five leagues rose €1,300 million, €14,700 million in total, a 9% increase from the 2015/16 season.
