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LaLiga will contribute € 200 M more to FEF and other federations

first_imgLaLiga explains, in a statement, that will increase its contribution to the CSD by 1.5%, which is 25 million, to promote federated, Olympic and Paralympic sports. That means which will contribute 51 million a year. It will also increase the figure received by the Spanish Football Federation by 1%. This translates into 17 million more a year, plus six additional for the commercialization of the Copa del Rey. So, the amount that the Federation will receive annually will reach 58.7 million a year. Finally, LaLiga will contribute with 3.3 million per year over the next three seasons for a non-professional player aid fund. In total, this year, LaLiga will contribute 113 million for federations and non-professional football.The end of the LeagueLaLiga will become the mana for all Spanish sports. Thebes is the one who gave the most in the ‘Pact of Viana’, and he did it to reduce conflict in football and to guarantee the support of the Government and the collaboration of the RFEF to finish the League championship. In exchange for increasing financial support, Thebes guarantees support to close the season and avoid losses of 500 million in case the eleven days of League that are pending could not be disputed. Still, the impact of completing the course behind closed doors will mean losses of about two hundred million for professional clubs.With these contributions that the Council of Ministers approved this Tuesday by modifying the decree that regulates the distribution of television rights, LaLiga will become the main sponsor of the Spanish Olympic federations, ahead of what the Government itself contributes through the CSD (50 million a year).The agreement, according to the LaLiga note, “seeks to help the sport not only in these moments of crisis caused by COVID-19, but forever. It is a structural measure, not limited in time, that strengthens the commitment of professional football clubs and LaLiga to Spanish sport “ The Minister council today approved the creation of a foundation to support the sport in a “context of paralysis” and “lack of income” that will be endowed with part of the income from audiovisual rights of the Professional Soccer League. This will increase its contribution to non-professional football and the rest of federations by 200 million euros in the next four years.The scope of the pact has interested the Royal House, so much so that the minister of the sector, Rodríguez Uribes, will inform the King after the Council in Moncloa, CSD sources familiar with the agreements confirmed to AS.The minister of Economic Affairs and Digital Transformation, Nadia Calviño, explained that the measure is intended “give stability to the federations and to the Olympic and Paralympic sport” a year before the celebration of the Tokyo Olympics. The new foundation is attached to the State Administration through the Higher Sports Council and the Spanish Football Federation, LaLiga and representatives of the other federations, as well as official and unofficial competitions, will participate in it. The foundation will manage the audiovisual rights of all national federations, as long as they want to transfer them and not manage them by themselves, except for soccer.last_img read more

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